Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q.1 During the 1990s , technological advance reduced the cost of computer chips. explain with the use supply and demand diagrams, how the following markets are affected in terms of prices and quantities.
(1) computers(2) computer software(3) type writers must add diagarm please
Q.2 the australian government administers two programs thataffect the market for cigarettes.first, media companies,andlabelling requirement are aimed at making public aware of the dangers of cigarette smoking. second,there is a tax on cigarettes.
(a) with use of a graph,explain how these two programs affect cigarette consumption,
(b) explain the combined effect of these two programs on the price of cigarettes.
Assume that all firms in a perfectly competitive market structure are in long run equilibrium. The demand for the company product rise.
Output maximisation and cost minimisation
Use the first order conditions for profit maximisation to show that a monopolist will never produce on the inelastic portion of his demand curve.
The general demand function for a good, Good A, is: Is Good A a normal good or an inferior good? How do we know exactly?
From an economist standpoint, why might there be more research, development, and innovation occuring in oligopolistic market structure than in any other?
Discuss are a good thing since they transfer resources from lower rated to higher rated activities thereby helping to maximize society's happiness?
What assumptions about the rival's response to price changes underlie the kinked-demand curve for oligopolists? Why is there the gap in the oligopolist's marginal-revenue curve? How does the kinked-demand curve describe price rigidity in oligopoly..
Aztec Enterprises depends heavily on advertising to sell its products. Management at Aztec is allowed to spend $2 million monthly on advertising, but no more than this amount.
In 2005, APEX received a tax credit for production of its solar panels through the US Department of Energy's Energy Efficiency and Renewable Energy procurement plan.
Assume you're the manager of Alpha Enterprises, a firm that holds the patent that makes it the exclusive manufacturer of bubble memory chips. Based on the estimates provided by the consultant
Please help describe profit maximizing decision of pure monopolist firm and compare it to the profit maximizing decision of the firm in a purely competitive market and a monopolist firm in the competitive market.
Describe the phenomenon of market foreclosure. Specifically, describe how a vertical merger may "substantially lessen competition or tend to create a monopoly" through virtue of market foreclosure.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd