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!
Q. Consider a monopolistically competitive market with N firms. Each firm's trade opportunities are described by the following equations:Demand : Q=100/N-PMarginal Income: MR=100/N-2QTotal cost: TC=50+Q(squared)Marginal Cost: MC=2Q
a. Elucidate how does N the number of firms in the market, affect each firms Demand curve? Explain why.
b. Elucidate how many units do each firm produce? (The answers to this also the next two questions depend on N.)
c. Illustrate what price does each firm charge?
d. Elucidate how much profit does each firm make?
e. In the long run, elucidate how many firms will exist in this market?
Calculate the initial level of output per person, the growth rate of output per person also the level of output per person after 100 years.
You can suppose any single peaked preference which you want and Characterize the equilibria of the model.
Assume which one company acquires all the suppliers in the industry and thereby creates a monopoly.
Discuss the manner in which an analyst would compare the relative profitability of the two potato chip segments.
If interest rates could be deducted from income, would an investor change his/her decision based on question 1.
Illustrate how do you think this would affect household spending on goods and services.
Illustrate what is the constant term if the equation for the demand curve is written in the form.
Describe what a manufacturer of each product might do in the short run to raise production.
Assume that neither country experiences population growth nor technological progress as well as that 5 percent of capital depreciates each year
There is a potential entrant, who needs to pay a sunk cost of f to enter in this market. Firms may produce any quantity that does not exceed its capacity.
Amalgamate the information you have gathered and tell the economic consulting firm which actions you think OPEC will take over the next year based on your answers.
Illustrate what greens fee should the operator set on weekday also Elucidate how many rounds will be played n the weekends.
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