Discuss about the pros and cons of the outsourcing

Assignment Help Business Economics
Reference no: EM131379133

1. Explain why a monopolist's marginal revenue curve lies bellow the demand curve. Explain why this leads the monopolist to produce an inefficient quantity.

2. Discuss the labor market from the two point views of supply and demand.

3. Discuss about the pros and cons of the outsourcing.

Reference no: EM131379133

Questions Cloud

Describe the direction form and strength of the plot : Write a few sentences telling what the plot says about fuel economy
Monopolistic competition is different from monopoly : Consider a two-firm oligopoly facing a market inverse demand curve of P = 100 – 2(q1 + q2), where q1 is the output of Firm 1 and q2is the output of Firm 2. Firm 1's marginal cost is constant at $12, while Firm 2's marginal cost is constant at $20. In..
Write a brief description of the association : What is the correlation between the percent of teens who have used marijuana and the percent who have used other drugs?
Suppose the marginal cost curve in short run first decreses : Marginal cost is the change in _____ cost resulting from a one-unit change in _____. Suppose the marginal cost curve in the short run first decreases and then increases. If marginal cost is decreasing, _____ must be _____ and _____ must be _____.
Discuss about the pros and cons of the outsourcing : Explain why a monopolist's marginal revenue curve lies bellow the demand curve. Explain why this leads the monopolist to produce an inefficient quantity. Discuss the labor market from the two point views of supply and demand. Discuss about the pros a..
Allocative efficiency in competitive market is achieved : Allocative efficiency in a competitive market is achieved when. Suppose the marginal cost curve in the short run first decreases and then increases. If marginal cost is increasing, _____ must be _____.
The real interest rate equals : A wage higher than the market wage paid by a firm in order to increase worker productivity is A. The real interest rate equals.
Permitting production of particular good : When will the society be better off not permitting production of a particular good?
What quantity of excess reserves does bank of springfield : An economy starts with $50,000 in currency. All of this currency is deposited into a single bank, and the bank then makes loans totaling $45,750. The T-account of the bank is shown below. Assets Liabilities Reserves $4,250 Deposits $50,000 Loans 45,7..

Reviews

Write a Review

Business Economics Questions & Answers

  More serious problem with input-based pay systems

A more serious problem with input-based pay systems (e.g., a wage her hour), relative to an output--based system, is:

  Borrow money using the equity in their home for collateral

A couple wishes to borrow money using the equity in their home for collateral. A loan company will loan them up to 70% of their equity. They purchased their home 11 years ago for $74,102. The home was financed by paying 15% down and signing a 30-year..

  Analyze the issue using the economic concepts

Select a news article dated within the previous two months and analyze the issue using the economic concepts and theory learned in this class. Include at least one graph developed in our course.

  Why consumers price elasticity for ice cream elasticity

Why might consumers’ price elasticity for ice cream cones once they are in an ice cream store be .20 and their longer-term price elasticity be 1.2?

  What evidence might you bring to the hearing

Antitrust authorities at the Federal Trade Commission are reviewing your company’s recent merger with a rival firm. The FTC is concerned that the merger of two rival firms in the same market will increase market power. A hearing is scheduled for your..

  Two types of workers-high-ability and low-ability

Suppose there are two types of workers: high-ability and low-ability. Workers know their own abilities but firms do not. A high school diploma costs a high-ability person $10,000 and costs a low-ability person $15,000. What value of $K guarantees tha..

  Graphically depict using the average total cost curve

Graphically depict using the Average Total Cost curve (among others) why efforts to break up a monopoly into many small firms will not be successful. Explain your intuition as well.

  What is the firms cost curve at these factor prices

A competitive firm has the production function q = f(L,K) = sqrtL + 2sqrtK , for which MPL= 1/2sqrtL and MPK = 1/sqrtK. Find the firm's conditional factor demands for L and K at the factor prices w = 4 and r = 2. What is the firm's (total) cost curve..

  What is happening to living standards in this country

Imagine a Harrod-Domar setup. Suppose that a developing country's capital-output ratio (k) is 4, and the savings rate (s) is 12%. Depreciation is 1%, and the population growth rate is 2%. What will be the equilibrium growth rate of GDP? What is happe..

  Illustrate what is formula for opportunity cost

Illustrate what is most X that can be produced? most Y. Illustrate what is formula for opportunity cost of X in terms of Y in this economy.

  Explain how does imposing rent controls affect the number

Explain how does imposing rent controls affect the number of housing units available to low-income families

  Are coffee and tea substitutes or complements

Brazil is the world's largest coffee producer. There was a severe drought in Brazil in 2013-2014 that damaged Brazil's coffee crop. The price of coffee beans doubled during the first three months of 2014. Draw and discuss a supply and demand diagram ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd