Reference no: EM13685332
Micro Economics
1. Other things being equal, what will happen to automaker's profits if they are able to sell more vehicles using battery packs and thereby scale up battery production?
2. Why do you presume that some automakers support the payment of government subsidies to consumers who purchase hybrid and all-electric passenger vehicles?
3. If input prices had increased as firms entered the lithium industry in response to rising demand, what would have been the shape of the long-run supply curve?
4. If the market demand for lithium were to decrease during the 2020s. What would happen to the market clearing price of lithium in the long run?
5. Why do you presume that employment growth is about 20 % greater in unlicensed occupations than in licensed occupations?
6. What do you suppose a typical state government does with the millions of dollars of occupational license fees it receives each year?
7. Why do you suppose that some publishers are selling space for advertisements in their e-books—and sometimes even in physical books?
8. From an economic standpoint, how could we explain the willingness of someone to pay $19.99 for a physical book that is available as an e-book for $9.99?
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Population regression model is not normal
: Agree or disagree (and justify your answer): If the distribution of u in a population regression model is not normal, then the OLS estimators are not BLUE.
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What impact does each have on aggregate demand
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What is the money multiplier-total value of bond purchase
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What is the present value of the project
: Suppose a third project will cost $20,000 today and yield a return of $2,500 a year indefinitely. What is the present value of the project? What is the present value if the interest rate increases to 20 percent?
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Battery packs and thereby scale up battery production
: Other things being equal, what will happen to automaker's profits if they are able to sell more vehicles using battery packs and thereby scale up battery production? Why do you presume that some automakers support the payment of government subsidies ..
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Monopolistically competitive firm decide on optimal level
: How will managers of a monopolistically competitive firm decide on the optimal level of production? Elucidate. Explain market forces that come into play in the short run if a monopolistically competitive firm is making a positive economic profit. How..
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Core concepts and analytical approachesas
: Identify, describe, and substantiate how the organization is or is not supplementing its competitive strategy with the support of at least two cited scholarly journal articlesin addition to course material, using Chapter 6of Strategy: Core Concept..
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Confidence determines wealth-wealth determines demand
: Provide your opinion as to whether Fundamentals Drive Markets or does Confidence Drive Markets. Fundamentals determine employment, employment determines profits, and profits determine the stock price. Confidence determines wealth, wealth determines d..
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Change in short run aggregate supply-demand-pull inflation
: What is the overall effect on prices, output and employment? We have seen two causes of inflation in cost-push and demand-pull. One is related to a change in aggregate demand (AD) while the other is related to a change in short run aggregate supply (..
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