Reference no: EM131091594
Based on what you have learned about monopoly markets and markets in oligopoly, which of these two do you believe is more harmful for the consumers and for the economy, and why?
Do you believe all monopolies should be considered illegal? (Please use your knowledge about the Sherman Anti-Trust Act, etc., to discuss the issue).
Many goods and services, such as homeland security, air traffic control, national highways construction, disaster relief, etc., are exclusively provided by the government. In that sense, they are government produced, government run monopolies.
If that is fair, then how can the government use antitrust laws to strike down private monopolies? Are all private monopolies necessarily evil, and should they never be allowed to exist?
Are government provided goods/services public goods? Please explain how or why, with the help of an example.
How do environmental factors affect project implementation
: How do environmental factors affect project implementation? What role do local intermediaries play in helping an outsider complete a project? Why is it important to honor the customs and traditions of a country when working on an international proje..
|
Specific roles in order to promote economic development
: Peter Evans emphasizes that states have to play specific roles in order to promote economic development. According to him what are the roles of the states in economic development? Explain and discuss. Compare Evans’s arguments with the neoliberal the..
|
Why holistic approach critical to examining african american
: Why is a holistic approach critical to examining and understanding African American worship experiences?
|
Substantial economic growth with little inflation
: The late 1990s in Canada was characterized by substantial economic growth with little inflation; that is, potential real GDP increased with little, if any, increase in the aggregate price level. Describe what must have been happening to Canadian aggr..
|
About monopoly markets and markets in oligopoly
: Based on what you have learned about monopoly markets and markets in oligopoly, which of these two do you believe is more harmful for the consumers and for the economy, and why? Do you believe all monopolies should be considered illegal?
|
Discuss how illness might affect child abilities to learn
: Briefly discuss how this illness might affect the child's abilities to learn and interact with others, and how it might affect his/her peers or the climate of his/her surrounding environment. (Feel free to share any experiences and/or insights you..
|
Monopoly with constant marginal cost
: A monopoly with a constant marginal cost m has a profit maximizing price of p1. It faces a constant elasticity demand curve with elasticity e. After the government applies a specific tax of $1, its price is p2. What is the price change p2-p1 in terms..
|
What is quantity demanded and quantity supplied of cars
: Consider the market for cars in a small country. Suppose the demand and supply curves for cars have been estimated and are given by. Suppose the prevailing price is the (free-trade) world price pF T = 4.5. At this price, what is the quantity demanded..
|
Why monopoly may operate in the upward
: Show, with graphs, why a monopoly may operate in the upward or downward sloping section of its long term average cost curve but a competitive firm operates only in the upward sloping section.
|