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Q1. A good example of an oligopoly market structure is the airline industry. There are not many airlines in the industry, which will influence the particular market price. The pricing that we are looking at is the lack of competition. How do you think the lack of competition will affect the market price?
Q2. Suppose a firm produces 50 units of output per month. The firm's average variable costs and average fixed costs per month are R200-00 and R500-00, respectively.
Define Mercantilism, Pick a country and talk about the products they import and export with the U.S.A. Also talk about the composition of trade with relation of abundance of the two countries
Prices the selling monopoly charges for TV sets in periods 1 and 2.
Excise tax is levied on the buyers of a good, then after the tax buyers will pay for each unit of the good.
The largest loan that the bank can make on the basis of the new deposit. If the bank chooses to hold reserves of $3,000 on the new deposit, what are the excess reserves on the deposit.
A company's cash sales for the month are $200,000 and its accounts receivable payments for the month are $100,000. What is its total incoming cash flow.
If the company has not paid dividends, discuss why think the company is not paying dividends or whether they should consider adopting a dividend policy.
Suppose now that the government reduces (t) and increases (t') so that the government budget constraint continues to hold. What will be the effects on an individual con-sumer's consumptionin present
What role does Mudaraba allow IAH, in their capacity as Rabbul Mal.
James earned $10,000 in income in his new job in Nova Scotia after the move and his employer paid him $1,000 specifically to cover the cost of the move, but doesn't specify what it can be used for.
Calculate real GDP in each year, and the percentage increase in real GDP from year 1 to year 2 using year 1 as the base year. Next, do the same calculations using the chain-weighting method.
Suppose the MPC is an economy is 0.9. The APC is initially 0.95 and disposable income is $4 billion.
Semiconductor chips are used to store information in electronic products, such as personal computers. One of the early leaders in the production of these chips was Texas Instruments (TI).
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