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M-Pesa in Kenya has significant network effects (it becomes more valuable to participate as the number of people grows that use it) across several sides or dimensions. Select the side/dimension that is least dependent on the network effects of the M-Pesa. Explain your reasoning.
a. Average citizens
b. Farmers
c. Merchants
d. Kenyan Government
e. Employers
How much income gets you into the top quartile or quintile. Discuss the issues of regressive, proportional, and progressive taxation.
Assume you are looking at data for an economy that uses only two inputs, physical capital and labour. Table shows output for different combinations of labour and capital.
Price higher in monopoly market. Bigger quantity in perfect competition. How can a firm gain by reducing competition.
Unlike the physical supply chain, inefficiencies characterize the financial supply chains of most companies.
Illustrate what would happen to the equilibrium price also quantity of lattés if the cost of producing steamed milk
Evaluate the results of the regression equation tells managers and how it is likely to impact decisions made related to maximizing profitability.
If Anne is planning to invest her loan in an asset which she hopes to turn a profit on, Illustrate what is the minimum rate of return she needs to earn.
Elucidate the way in which short-run AFC, AVC, ATC also MC vary as the output of the firm increases.
Assume which all other banks hold only the required amount of reserves. If Nan Bank Inc. decides to reduce its reserves to only the required amount, by how much would the economy's funds provide increase.
e marginal cost of making a copy is $.50 (50 cents). The average customer makes 4 copies at a time. Illustrate what pricing strategy will maximize your profits.
Using the simple model of multiple deposit creation, state the ultimate impact on M1 from the Fed's sale.
q1. suppose that there are crowding-out effects and the mpc is .9. by how much must the government increase
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