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From the top 50 companies on the list, select three firms from three different industries and, in at least a sentence for each one, discuss the likely sources of the economies of scale that underlie the large size of these firms. [Note: the stocks of private firms are not traded on public stock exchanges, nor are private firms subject to the disclosures and reports required of publicly-traded firms.
Show how expansionary fiscal and monetary policies work. Under what conditions would these policies work more, or less, effectively?
Suppose a firm must pay an annual tax, which is a fixed sum, independent of whether it produces any output-How does this tax affect the firm's fixed, marginal, and average costs?
Suppose that in a city there are 100 identical self-service gasoline stations selling the same type of gasoline.
Find out the optimal weekly output and price of this firm. Find out the weekly profit from the production and sale of this product.
What is the amount of loans from rest of the world? What is the current account balance? What is capital account balance?
In 1991, Brazil and Columbia united to form a coffee cartel and reduce coffee output. Suppose total costs for the cartel are:
Why might the existing firms in a cartelized industry prefer to be regulated by the government? What is the problem with common property resources?
Why might it be difficult for the Fed to formally adopt inflation targeting? Would inflation targeting be a good policy for the Fed in the present economic environment
Make a table and graph of Crusoe's production function. Find out the Marginal product of labor for Crusoe at different quantities of labor.
Compute the monopoly equilibrium. Compute the consumer surplus. Assume this firm practices two-parts tariffs, Compute the optimal output.
If the reserve ratio is 15 percent and commercial bankers decide to hold additional excess reserves equal to 5 percent of any newly acquired checkable deposits, then the relevant monetary multiplier for the banking system will be:
In a simple model with no government or foreign sector, the amount of involuntary inventory accumulation at equilibrium is
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