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Suppose that 2 firms both have average variable cost $50. Market demand is given by Q=100-P. Find the Bertrand Equilibrium. Would your answer change if there were three firms?
Assume that the treasury is currently running large surpluses (tax collections exceed new government spending). On a S/D diagram show the effect on Treasury Bond markets of using these surpluses to buy back outstanding treasury securities.
1. What are the benefits/challenges of being an entrepreneur and the benefits/challenges of working for someone else Which do you prefer 2. Of these, which do you think the US has in abundance
Suppose that a system of unemployment compensation isinstituted in the country, and the average duration of unemploymentrises for two months: a )What will be the unemployment rate for this economy now
why would the country for example china select to keep their currency relatively pegged to u.s. dollar? if the u.s.
a doctoral student has just completed a study for her dissertation and found the following demand and supply
Provide a brief company and product description and describe the characteristics of your chosen product that differentiate the product in the marketplace.
suppose that a car rental agency offers insurance for week that will cost 10 per day. a minor fender bender will cost
Why does a perfectly competitive firm maximize revenues where P=MC? Why is P=MR in this market type? Name a business you think belongs in this category. Why? Be sure you think about all of the assumptions about firms in this industry
Assume that keynesian model applies to the economy in the short-run. After the stock market fell sharply in 2008, the aggregate denabd decreased greatly around the world. in order to prevent the short-run economic recession, which monetary policy ..
Equations describe an economy.
College education provides higher income for the individual, but also a more productive and more educated person who will contribute to society in many ways. Carbon dioxide emissions are thought to contribute to global warming, and there is concer..
the five alternatives shown here are being evaluated by the rate of return
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