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Q. Suppose a particular labour market were in market-clearing equilibrium. What could happen to cause equilibrium wage to fall? If all money wages rose with inflation each year, how would real wages in this market adjust?
Further assume that they are not able to ‘collude' on price and quantity of premium digital channel subscriptions to sell. How much profit will each firm earn when this market reaches Nash equilibrium.
Some companies establish prices for their products by marking up their full manufacturing cost
The election of a new Congress causes consumer confidence to soar as expectations of future economic growth are solid.
As an industry moves from being a monopoly to a monopolistically competitive one (due to entry of new competitors as monopoly's patents expire, for example), what happens to elasticity of demand curve facing firm.
Illustrate the effect of each of these proposed policies in a demand and supply diagram of the gun market. For each question, show the price paid by consumers, th eprice received by producers an dthe quantity of guns sold.
Illustrate what adjustments are required for China to rebalance its current account. Illustrate what risks are inherent in such adjustments.
Two firms compete for consumers who have aggregate Demand x=100-2P. Both firms have constant marginal costillustrate both firms' best response functions & indicate Illustrate what the outcome is for each firms'.
Clearly explain the factors to consider as your "fixed factor" and alternative short term and long-term decisions. Submit your analysis in a one to three page paper.
What supply curve of turkeys shifts leftward. Tthe demand curve for turkeys shifts leftward ?neither the demand curve nor the supply curve shift; instead there is a movement along both curves.
Suppose that the price of IPATH increases by 5%,at the same time the price of laptops falls by 3% and income elasticity increases by 2%.
Illustrate what is the equilibrium to this game.
Briefly elucidate why magnification effect plays an important role in predicting where various groups in economy will support or oppose international trade.
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