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Principles of Economics
Pricing by Monopolies: Discussion not a paper.
Cite all references used.
Instructions as follows: How high should a monopoly set its prices in order to maximize profits?
When you post a response to this question, place it in the context of one of the following examples:
A geographically isolated gas station.
A concert on campus.
Soft drinks at a sporting event.
A prescription drug.
q.1. predict what would happen to the labor force participation rate of women if wages for women decreased. explain.2.
If a tax were to be imposed on one of these items, for which item would the tax be the most efficient.
The government budget is balanced, with government purchases and taxes both fixed at $1,000. Net exports are$100. Investment is $600. Find equilibrium GDP
A used car dealer purchased my 1992 Ford Tempo for $1,000. He paid a worker $200 to wash it. He purchased four tires for a total of $400 to replace the existing tires on the car. He sold the car for $4,000. All these economic activities took place in..
If the EU and the United States continue to trade what do you think will characterize goods which the EU exports to the United States and the goods that the United States exports to the EU.
Elucidate how an economist could use the slope of the yield curve to analyze the probability that a recession will occur and why the spread may matter.
Elucidate how which any two pure strategy equilibria of a zero-sum game are interchangeable also equivalent.
When would it make sense for a factory that is losing money to remain in operation
If a severe drought decreased labour productivity in Zambia, explain what will happen to each of the following.
Norman Internet Service Company (NISC) is interested in selling common stock to raise capital for capacity expansion. The firm has consulted First Tulsa Company, a large underwriting firm, which believes that the stock can be sold for $50 per share.
The installed cost of a conventional electric hot water heater is $200. A family of four uses an average of 300 liters of hot water a day, which will require $350 worth of electricity each year.
Why should the government intervene in situations of market failure? Should the government intervene if a market is fully efficient, why? What additional rationals are present if there is inadequacy in the market?
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