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A tariff is simply a tax on imports. Use our model of excise tax (with diagram) to explain why domestic firms request that tariffs be imposed. Who gains and woo loses due to tariff? (consider both the domestic and the foreign country in your answer)
Describe unemployment and the unemployment rate. Might we be able to say "Job Stats: Too Good to be True?"
Essay on Market imperfection associated with negative externalities
Which of the following strategies are used by businesses to capture consumer surplus? Nash equilibria are stable because
In a perfect capital market, advices for a corporate financial manager on making capital structure decisions.
Suppose a frost kills a large portion of an orange crop, with a resulting higher price of oranges. It has been said that such an increase in price benefits no one since it cannot elicit a supply response; the higher price, it is said, simply "line..
Explain how advertising can be employed to allow Tots-R-Us to keep price average above cost without encouraging entry.
Explain why a monopolist will never set a price (and produce the corresponding output) at which the demand is price-inelastic.
Use diagram to describe how each of the following events affects the equilibrium price and quantity of pizza (draw a separate diagram for each event)
Exchange and markets, Demand supply and market equilibrium
Identify trends or other patterns in inflation within the an economy of your choice over the last five years using quarterly data from the Central Bank or other Government based Statistical agency websites as a source.
Do the estimated coefficients have the required signs to yield a-shaped AVC curve? Discuss the significance using the p-values.
Problem - Income Elasticity of Demand, Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5
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