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Presume you originally invested in a firm when it was small and unprofitable. Now the firm has grown to be large and profitable. Would you be better off now if you had bought the firm's stock or the firm's bonds?
Show that for an inferior good the demand curve for Marshall is steeper than the Hicksian demand and show the effects
Continue to assume that your firm will survive for only one production period.
ist one industry that is an example of aperfectly competitve industry and one that is an example of amonopoly. Explain and discuss why these industries are examples of perfect competition and a monopoly using the characterstics of these industries..
1. abdul was an actor and spends all of his disposable income on attending either plays or movies.nbsp he likes plays
1. describe s disincentive and its purpose. what change in behaviors or choices was incentives designed to achieve?2.
Explain why supply is more elastic in the long run and explain what causes economies of scale. Can economies of scale and diminishing marginal returns apply to the same firm? Explain.
suppose that the probability that a used bike is a lemon low quality is p and the probability that a used bike is a
If the marginal product of capital net of depreciation equals 10 percent and the rate of population growth equals 2 percent what must be the rate of technological progress for the economy to be at the Golden Rule steady state
budget deficits are sometimes useful to spur consumption and thus encourage investment in business plant and equipment
This price reduction would also increase sales to 220,000 units during the relevant years. a) Make the decision tree. b) What is the optimal strategy for the monopolist?
in the table below individual demand schedules for tex dex and rex are shown in addition to total market demand.a.
Define inflation.Assume that you live in a simple economy in which only three goods are produced and traded: fish, fruit, and meat. Suppose that on January 1, 2010, fish sold for $2.50 per pound, meat was $3.00 per pound, and fruit was $1.50 per poun..
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