Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Suppose that in a city there are 100 identical self-service gasoline stations selling the same type of gasoline.
The total daily market demand function for gasoline in the market is QD=60,000-25,000P, where P is expressed in dollars per gallon.
The daily market supply curve is QS=25,000P for P$0.60.
1. How many gasoline stations would the monopolist operate?
2. Can we say that the monopoly leads to a less efficient use of resources than perfect competition? What is the amount of the deadweight loss, if any?
What are those key objectives and what are the key tools the Fed plans to use to achieve those objectives?
Discuss how a change in price affects total expenditure by filling in each cell with resulting change in total expenditure.
What is the amount of loans from rest of the world? What is the current account balance? What is capital account balance?
Explain why user cost, or scarcity rent, arises in the intertemporal allocation of a depletable resource such as minerals, and some types of energy and aquifer water resources.
Which of the following strategies are used by businesses to capture consumer surplus? Nash equilibria are stable because
Consumption accounts for about 60% of GDP, while investments accounts for about 20% for GDP. But many economists think that, to understand economic recession, it is more significant to look at investment than consumption. Why?
Macroeconomics questions, discuss the short-run and long-run effects, Keynesian model, Distinguish between ongoing demand pull and ongoing cost push inflation.
Assume the airline industry consisted of only 2 firms: American and Texas Air Corp. Let the two firms have identical cost functions, C(q) = 40q. Suppose the demand curve for industry is given by P = 100 - Q and that each firm expects the other to ..
Suppose in country Triniland employers are required to pay overtime at 50% above the normal wage rate for workers who work beyond 8 hours a day.
In national income accounting identity showing the equality between national saving and investment, what is the representation of private saving and what is the representation of public saving?
The price per unit remains $7.50 in both scenarios. Does the labour analyst's argument hold? Explain why or why not, and use data to prove your point. (Hint: calculate total costs in both circumstances).
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd