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Q. Estimate the macroeconomic implications and microeconomic consequences of a monopolistically competitive firm or an oligopoly firm filing for bankruptcy?
suppose that ou are trying to decide whether the banking industry in illinois is an oligopoly or monopolistically competitive. which factors must you consider?
What is the short-run equilibrium price. What is the short-run equilibrium market quantity.
Illustrate what are the firms ATC per unit at these three levels of production. If every firm in this industry has the similar cost structure, is the industry in long-run competitive equilibrium.
Does either firm have a dominant strategy. Is there a stable equilibrium.
Illustrate output quota q1 would the typical firm have to be limited. Explain how much would it like to produce.
Express Illustrate what will happen also why to the firm's average fixed costs, marginal costs, average costs also profits as the firm makes its choices.
Elucidate how much consumer surplus would be created by randomly assigning buyer to sellers. Which method gives the larger surplus.
Illustrate what are the examples that producers take advantage of the internet to implicitly fix the prices.
Elucidate what other types of variables should be considered when determining what is reasonable in terms of maintenance expense.
Describe some forms of private spending which represent consumption some forms which represent investment.
A company manufactures radios. If x is the number of radios that retailers are likely to purchase. Elucidate the revenue function of the manufacturing company.
If television sets are sold in a perfectly competitive market, calculate the annual number sold. Under what consiquences will the market equilibrium be efficient.
Explain how the reduction in supply from the reduced fishing waters will either increase or decrease consumer surplus and producer surplus.
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