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Commercial relations
Which are the advantages and disadvantages of a country to have commercial relations with other countries?
Two identical firms face linear demand. Market demand is given by P=30-Q. Compare graphically consumer and producer surplus in Cournot and Stakelberg equilibria to perfect competition.
A company produces two main products: electronic control device3s and specialty microchips. The average total cost of producing a microchip is $300; the firm sells the chips to other high-tech manufacturers for $550. Should the company produce con..
In the US the long-run inflation rate can be expressed simply as the growth rate.
What is the firm's cost function when the cost of pollution certificates is included? What is the firm's marginal cost function when the cost of pollution certificates is included? Derive the firm's supply function.
Some nations have very different economies. In the absence of market-set prices, how are prices determined for household goods.
In article on the steel industry, The Wall Street Journal noted that as steel prices were falling, steelmakers were not cutting production
As a manager of chain of movie theatres which are monopolies in their respective markets-Devise a pricing strategy to maximize your firm's profits.
The demand scheme for the product created by a monopolist. Quantity demanded Price Total revenue Marginal revenue Price elasticity.
Illustrate what can you say regarding your price elasticity of demand of apples
Explain how can the abolition of cash fight inflation and reduce unemployment.
Suppose the following equations discuss a hypothetical economy where both the price level and interest rates are fixed.
Illustrate what school of thought would make this suggestion, and how do economists of that school justify that prescription.
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