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!
Please answer the following questions one by one with detailed explanations.1.If a profit maximizing monopolist faces a linear demand curve and has zero marginal cost, it will produce at:A. lowest point of marginal revenue curveB. elasticity of demand equals 1C. lowest point of marginal profit curveD. all of the choices are correct2.If a profit maximizing monopolist faces a linear demand curve and has zero marginal cost, it will produce where demand elasticity is __________________ if it will produce at all. A. InelasticB. ElasticC. 1D. Information is inadequate to answer the question3.If the demand curve for a single price monopolist always is a downward sloping straight line, then marginal revenue A. Will be a straight line with a negative slope of twice the demand curve slopeB. Will be a straight line with a negative slope of one-half the demand curve slopeC. Will be identical to the demand curveD. Will be a horizontal line
What is an externality? Provide at least three examples. How does one of the examples you provided affect the market outcome? What is the role of government in addressing the implications of an externality you provided as an example?
What is the “Fiscal Cliff”? What effect will the “Fiscal Cliff” have on the economy in the short run? Explain and illustrateusing the Aggregate Supply –Aggregate Demand model. How can the “Fiscal Cliff” be avoided?
The following describe a small open economy : C= 60+0.8(Y-T) I=150-40r NX=200-60e G=200 T=150 M=3500 P=4 R*=5 Calculate the equilibrium exchange rate , level of income and net export
The Federal Government and the Federal Reserve Bank both use their respective policy tools to make "corrections" to the economy. As we learned, both entities are able to stimulate a sluggish economy, as well as "cool down" one that may be growi..
The Aggregate Demand for goods and services in an economy must at every moment equal the value of Real Gross Domestic Product because both are defined to be the sum of (C+I+G+X-IM).
the government of a small south pacific island is considering whether to allow development of a small but valuable
Discuss the non-economic functions of education. Give an overview of human capital theory. Explain the role of productivity in this theory.
Identify what you determined is the more persuasive argument - Reflect on the arguments presented and reveal your consensus.
Economic Factors and the Impact on Aggregate Supply and Aggregate Demand
Treating the marginal cost curve as the “supply curve” and using the given demand curve,what price and quantity would a competitive market give?
An apple grower charges $22 for a 40-pound crate of apple. If customers buy more than 5 crates, he reduces the price by $2 per additional crate. What number of crate per customer maximizes the grower's revenue per customer? What is the revenue max..
Describe an example you are familiar with in which a technological innovation led to an improvement in productivity. What was the effect on the cost of doing business or activity in which this technology was employed?
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