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What is the duopoly Cournot equilibrium - that is, the quantities produced by each firm - if the market demand function is q(p) = 1000 - lOOOp, and each firm has a cost of $0.28 per unit?
A country has a fixed exchange rate and pursues and expansionary monetary policy. Explain, in word, any symbols what will happen. How is external balance affected? Is monetary policy effective?
During the 1990’s, Apple Computer saw its global share of the personal computer market fall from above 10% to less than 5%. Despite a keenly loyal customer base, Apple found it more and more difficult to compete in a market dominated by PCs running M..
Two Cournot duopolists produce in a market with demand P = 100 − Q. The marginal cost for firm 1 is constant and equals 10. The marginal cost for firm 2 is also constant and it equals 25. Given this information, would you recommend the merger? Explai..
If she neither borrows nor lends, which project has the higher present value at the interest rate 50%. Which has the higher present value at an interest rate of 5%.
Discuss the role of the FOMC and the three major policies it implements to help regulate banks. Briefly describe the equation used to measure bank reserves and the definition of the federal funds rate and their role as operating targets of the Federa..
What are the social and global economic impacts on health care in the present day relating to budgetary cuts from the various levels of government (local, state, and federal)?
In an oligopolistic market, firms pay close attention to the strategies of their rivals. In monopolistic competition, with a large number of sellers, it is assumed that there is not this kind of rivalry, or interdependence. Why is there probably some..
Assume the simple spending multiplier equals 10. Determine the size and direction of any changes of the aggregate expenditure line, real GDP demanded,
Suppose as a manager of a profitable department store you are confronted with a pricing problem. You have two types of customers: a high-end type that willing to pay a price of $ 25 for a pair of Levis Jeans and a low-end type customer that are willi..
The Tampa Tribune and the St. Petersburg Times compete for readers in the Tampa Bay market for newspapers. Recently, both newspapers considered changing the prices they charge for their Sunday editions. Tampa Tribune's dominant strategy is __________..
Would the employee be better or if, instead of the health insurance, she was given a £100 per week pay increase which would be taxed at 20%.
Review the normal profiles for children ages 4 months to 2-years-old and post responses to the following: Based upon the five assessment categories of motor, play, adaptive, social, and language, identify possible environmental hazards for children u..
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