Markets in coordinating economic activity

Assignment Help Business Economics
Reference no: EM13891904

Give two examples, the first of a case where firms have a particular advantage over markets in coordinating economic activity, and the second where firms have a distinct disadvantage

Reference no: EM13891904

Questions Cloud

Natural monopolist is forced to price at marginal cost : If a natural monopolist is forced to price at marginal cost, does surplus increase or decrease and why? I thought that consumer surplus increased more than the producer lost because now production would be where MC crosses D rather than where MC cros..
Changes in the federal funds interest rate : Changes in the federal funds interest rate often lead to similar changes in the prime interest rate
Government spending : The federal debt keeps rising every year and has changed from a moral responsibility to a tool used in economic policy. Government spending is used for everything from Medicare and Medicaid to buying books for underprivileged schools.
Making decisions are held by lower-level employees : Assuming that the information required making decisions are held by lower-level employees, it makes sense to delegate decision authority to these employees. But, there must be trade-offs (because there always are). Speculate on the “costs” of delegat..
Markets in coordinating economic activity : Give two examples, the first of a case where firms have a particular advantage over markets in coordinating economic activity, and the second where firms have a distinct disadvantage
Buffer stocks often have been excessive-costly to maintain : Buffer stocks often have been excessive and costly to maintain because:
What labor market changes are responsible : What labor market changes are responsible for the relatively frequent mobility of employees into new jobs and low tenure – duration with one employer?
Write function for new supply curve for coffee : The demand and supply curves for the U.S. market for coffee are given by D(p)= 600 – 2p and S(p)=300 + 4p.  Suppose engineers invent a cheap, organic pesticide that lowers costs to coffee producers. Assume this cost-saving measure converts to $45 USD..
Annual balance rule for budget : If the government adhered strictly to an annual balance rule for its budget, then the government's budget balance would:

Reviews

Write a Review

Business Economics Questions & Answers

  Discuss in terms of appropriate economic models

On the grounds of economic efficiency, do you think such a proposal to raise taxes on gun and ammunition sales worthy of attention? Discuss in terms of appropriate economic models

  Discuss salary determination in a labor market

Discuss salary determination in a labor market in which workers are unorganized and many firms actively compete for the services of labor.

  What impact would have on elasticity of demand for employees

If county government offices required that all employees must live within the county limits, what impact would this have on the elasticity of demand for employees of the county government offices?

  Balance of trade

Suppose the country of Liliput exported 229 billion dollars worth of goods while they omported 489 bilion dollars worth of goods in the last calendar year. Calculate Liliput's balance of trade:

  In an attempt to raise more revenue

To encourage inner-city youths to spend more time playing sports, the government introduces a super income tax of 10% on professional basketball players and plans to use the revenue to improve inner-city sports facilities. In an attempt to raise more..

  Elucidate the supply function for a perfectly competitive

Elucidate the supply function for a perfectly competitive industry with constant returns to scale? Consequently, what will be the equilibrium price and equilibrium profits for this industry.

  Implementing these policies to stabilize the business cycle

Describe the current state of the U.S. economy using the two monetary aggregates (M1 and M2) currently published by the Federal Reserve. In your description, illustrate the trends of the two monetary aggregates. . Evaluate what the Federal Reserve Ba..

  Find the equilibrium interest rate

Find the equilibrium interest rate c. Now suppose that G rises to 1,250. Compute private saving, public saving, and national saving. d. Find the new equilibrium interest rate.

  Surplus of money lead to change in bond prices-interest rate

Describe how a surplus of money leads to a change in bond prices and interest rates. Explain all the steps.

  How you got answer and make it very detailed all work shown

step by step all work shown answer and please show all calculations and how you got answer and make it very detailed all work shown please.

  Insurance coverage tend to increase rational ignorance

Why are many consumers apt to be rationally ignorant about their options? Why would insurance coverage tend to increase rational ignorance? Why are so many economists opposed to licensure of medical facilities and personnel?

  In the context of international financial crises

In the context of international financial crises, what mathematical methods have Economists employed in order to quantify financial contagion?

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd