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Consider a city with many banks. We model the market as having a monopolistically competitive market structure with horizontal product differentiation as in class.1
Suppose that each bank sells loan units (q) at price p where quantity units are in loans/year and price units are in $/loan.
a) Explain ONE example of a way that banks could horizontally differentiate their bank products and why this is an example of horizontal vs. vertical product differentiation.
you are the oil minister of one of 5 key opec countries. the world demand for oil can be reduced to q 100 - p and
characterize the long run equilibrium of a perfectly competitive industry in which average costs are U-shaped as output increases, under both restricted and free entry.
if the demand curve for wheat in the united states is p12.4 - qd where is the p is the farm price of wheat in dollars
what are the uses of money? how do commercial banks and federal banks create money? is monetary policy conducted
Gamma Corporation, one of the firms that retain you as a financial analyst, is considering buying out Beta Corporation, a small manufacturing firm that is now hardly operating at a profit. You recommend the buyout because you believe that new managem..
1 you are a factory owner who has just purchased a new machine for 5000. over the next year it would have cost you 1000
Draw two diagrams, side by side with the money market diagram for Denmark on the left and the expected return in krone / exchange rate diagram on the right hand side.
A local finance company will loan $10000 to a homeowner. It is to be repaid in 24 monthly payments of $499 each. The first payment is due 30 days after the $10000 is received. What interest rate per month are they charging?
a group may be defined as two or more people who interact with each other to accomplish certain goals or meet certain
what is the current macroeconomic situation in the u.s. e.g. is the u.s. economy currently concerned about unemployment
How could government subsidize a producer?
What are the consequences for farm output as a result of this guaranteed price and what does the term "equilibrium" mean in the context of a market economy?
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