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How does game theory explain why strategic moves fluctuate?
Some oligopolies use a form of implicit cooperation called price leadership, which is legal in the US. Why do you think these firms try to engage in this practice? And why does price leadership often fail?
A risk neutral monopoly must set output before it knows for sure the market price. There is a 50% chance the firm’s demand curve will be P=20-Q and there is a 50% chance it will be P=40-Q. The marginal cost of the firm is MC=Q. The expected profit-ma..
Why short run aggregate supply curve is positively sloped? Why long run aggregate supply curve is vertical? Depict graphically the equilibrium in the aggregate demand and aggregate supply model? Explain how short run aggregate supply shifts affect th..
If the demand for a monopoly's output shifts rightward, the change in quantity produced is not predictable because. The situation where one person's demand for a good depends on the consumption of the good by others is called. Which of the following ..
Found an asset with a 14.30 percent arithmetic average return and a 10.58 percent geometric return. Your observation period is 25 years. What is your best estimate of the return of the asset over the next 5 years? 10 years? 20 years?
You have borrowed $50,000 at an interest rate of 12%. Equal payments will be made over a three-year period. The first payment will be made at and of the first year. What will be the annual payment be?
Maggie has $1,000 worth of credit card debt and tries to pay the minimum balance each month. Sometimes she pays a few days late or forgets to pay at all. But she knows that won't affect her credit score because she's just a college student.
From 2006 to 2010, per capita real gross domestic product (GDP) in Poland grew an average of 4.71% per year. At that rate, according to the Rule of 70, in roughly how many years will the Polish economy double in size?
Define economic growth, and explain what it means in terms of standards of living. Explain how a technological advance can contribute to economic growth. Why do institutions such as private property rights promote economic growth?
The close quarters of most college dormitories means college students are at a high risk for identity theft.
q. a show how to own equilibrium in a robinson crusoe model.b what is the relationship between the marginal rate of
Within two weeks sales had fallen. Utilizing your knowledge of game theory, Illustrate what do you think disrupted McDonald's plans.
Use your own life experience to explain the difference between the marginal and the average propensity to consume. In what circumstances could more saving be bad for the economy as a whole (search the Internet for the “paradox of thrift”)?
Roughly speaking, a merger between two firms is legal:
What is a one invention that had good impact on the international economy and why. What were the impacts of this invention were impact good or bad.
At the end of the one-year contract, what will his "friend" offer John as the price for an extension of the deal?
q.as an analyst at the treasury department you have been asked to predict the behavior of key macroeconomic variables
The recurrent ups and downs in the level of economic activity extending over several years are referred to as business cycles. What are the phases of this cycle and describe what occurs in each phase?
Lay out the arguments forand against trade treaties like NAFTA, and/or for the process of"globalization" of the U.S. economy. What do you think? What is your position, positive or negative, and why do you think so? Paterson, which now has lost most o..
Zelda Industries is the only firm of its kind in the world. Due largely to historical accident, it began producing streganomas in 1985 in a vacant warehouse. Virtually anyone with a degree in college chemistry could easily replicate the firm's formul..
Illustrate what is your advice to the Canadian government about which market structure to choose for pasta industry.
Evaluate the impact globalization on domestic governance. Identity and explicate at least three significant factors requiring domestic changes.
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