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Question: In the Monopolistic competition model with trade, all firms are identical, so all firms export. In reality, only about 20% of the US firms are exporters. Describe a way to account for this by extending the monopolistic competition model. How would firms differ? What types of firms would be exporters?
Is the cross-price elasticity of demand between gasoline and high-mileage subcompact cars positive or negative? Is the cross-price elasticity of demand between gasoline and low-mileage SUVs and full-size pickups positive or negative? Briefly expla..
What should be Uncle Bert's role on this project? What are the ERP modules you think Uncle Bert would need for Bert's Bike? Please explain your answer.
assume now that people talk about the movies they watch and therefore the willingness to pay for a particular movie is
Do bilateral treaties succeed in boosting foreign direct investment Describe and explain the fundamental elements of economic development with examples.
alex fiani corporation produces egg cartons that are sold to egg distributors. alex fiani corporation has estimated
a find recent values of per capita gdp for two countries of your choice. explain two reasons why these values might be
consider a market of mp3 players. list one or two events related with this market which will cause the following
Suppose desired investment for the economy represented in the table above is $200 billion. Plot the consumption and investment function. What value is the equilibrium level of income What is the marginal propensity to consume
How do you know that cutting the price of Roundup was a good idea for Monsanto - how might you estimate the elasticity of demand and the profit-maximizing price for 1995. Do you think Monsanto set the right price?
A user has the utility function U(x1,x2)=min{x1,2x2}, and his endowment is W=(0,12)
An article in the Economist observed that there were "some perturbing parallels between the gold standard and the euro." What parallels are there between the gold standard and the euro? What would make these parallels perturbing?
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