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The market demand curve is Q = 38 P. There are two Örms: Örm 1 and Örm 2. One Örm has MC = 2 and the other MC = 5. They choose outputs simultaneously (the Cournot model). (a) Find an equation for 1ís reaction curve. (b) Find an equation for 2ís reaction curve. (c) Plot both reaction curves on the diagram (with Örm 1ís output on the horizontal axis and Örm 2ís output on the vertical axis). (d) What outputs will they choose in equilibrium? (e) Calculate is the DWL in the Cournot equilibrium. (f) Show what a reaction curve diagram would look like for two Örms when one of them has MC = 3 and the other one has MC = 10.
on average, Japan's real every capita output grew at a rate of 3 percent every year among 1973 also 1993. Illustrate what would Japan's output every capita have been at the end of 1993.
If lots of people want Euros also Euros are in short supply also a few people want Japanese yen also yen are in plentiful supply the euro is likely to.
The quantity of pizzas demanded soared the following week from 1 pie an hour to 100 pies an hour. Illustrate what was price elasticity of demand for Domino's pizza.
Divide the gain or loss by the number of years to maturity to calculate the average annual gain/loss. Calculate the yield to maturity on this bond.
Illustrate what is the value of consumer surplus. Illustrate what is the value of the deadweight loss created by this monopoly.
Assuming that this is rational behaviour by profit-maximizing "firms" elucidate what economic factors may influence such behaviour.
How does this policy involve the supply and demand for loan able funds. What occurs to the equilibrium interest rate.
At an interest rate of 8%, determine the capitalized cost of the facility, assuming that it will be used for an indefinite period.
What is the difference between a change in the quantity supplied and a shift in the supply curve.
q1. throughout 2nd world war u.s. prisoners of war utilized cigarettes as a form of money. cigarettes were used to
The nominal interest rate is 12% compounded semi-annually. What single amount on July 1, 2015 is equivalent to this cash flow system?
Using the principles of covered interest parity, Explicates how a local industry can utilize a LC loan to synthetically create a 1-yr USD loan.
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