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Economics
ANSWER THE FOLLOWING QUESTIONS IN AT LEAST 100 WORDS PER QUESTION, USE TEXT AS A REFERENCE NO OUTSIDE SOURCES ARE NEEDED. THE REFERENCE TO THE TEXT
IS: Sexton, R. L. (2013). Exploring Economics (6th ed.). South-Western Cengage Learning.
Choose a market or industry that you think is close to perfectly competitive. Then, explain whether or not your choice meets each of the characteristics shown in section 12.1 of the text book. Is the market really perfectly competitive? Can absolute perfect competition exist in the "real world?"
Take a look at the latest annual report for the Tennessee Regulatory Authority at:
https://www.state.tn.us/tra/reports/annualrpts/anlrpt1213.pdf
What types of industries does TRA regulate? Choose a specific company that would fall within one of those industries. Why is this firm (and others within the industry) regulated?
Do each of characteristics of monopoly shown in section 13.1 of the textbook apply to the firm you have chosen in question #2? Explain why or why not each characteristic would or would not apply to your firm.
Derive the mathematical expressions and determine the level of output where the average cost function reaches a minimum (the firmís capacity).
Calculate the marginal product of capital
Reconsider the "double marginalization" model. Show how the upstream firm can use a two part tariff when selling inputs to the downstream firm to achieve the same level of profits as under vertical integration.
A brief introduction of your company and reason for choosing this form of business organization and prepare a Memorandum of Association under UAE commercial companies law 1984 for your company
Find the supply function for the hospitals and Suppose the hospitals merge into one umbrella organization to improve their bargaining position. What would the new price and equilibrium be?
How does a rise in country risk premiums affect output for a small open economy with a floating exchange rate? A fixed exchange rate?
marketing strategya. value proposition b. critical issues c. financial objectives d. marketing objectives e. target
Formulate this problem as a quadratic risk programming problem, where the objective function is to minimize the total variance-covariance matrix subject to a minimum expected return constraint, which should be parametrically varied.
The Case in Point on Externalities, Cigarettes, and Smoking suggests that smokers generate: a-external benefits to society by dying early, thereby subsidizing the retirement costs of the rest of the population. b-external costs to society by dying ea..
Describe US international policies and initiatives to eliminate/reduce (1) cultivation and production of cocaine, and (2) organized crime and narco-trafficking in cocaine. Discuss the effectiveness of these US supply-side policies.
choose and reserach a specific company that is traded publicly where there has been a pattern of change in a particular
suppose that the government places a ceiling on the price of internet access below the equilibrium price.a. show why
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