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Moral hazard and adverse selection are both examples of
a) the principal-agent
b)externalities in consumption
c)efficiency in markets
d)perfect information
e)asymmetric information
question 1. apple stock ticker aapl is currently at 415share while google stock ticker goog is currently at 835share.
We write the percentage markup of price over marginal cost as (P - MC)/P. For a profit-maximizing monopolist, how does this markup depend on the elasticity of demand? Why can this markup be viewed as a measure of monopoly power?
part-1suppose that the firm uses three inputs to produce its output capital k labor l and materials m.nbsp the firms
How do local zoning ordinances try to promote land uses that generate external benefits for neighbors Why have authorities found it so difficult to regulate the fishing in the open ocean to allow for a sustainable yield
n firms choose prices simultaneously in each period. nbspthe discount factor is delta per period. nbspsuppose firms try
1- Prove that the estimated regression coefficients for a linear regression with an intercept term are identical to those obtained for the same linear regression equation without an intercept term, but for which all variables are replaced by ..
How does an increase in disposable income affect the consumption function? How does an increase in expected future income affect the consumption function?
Firm A currently monopolizes its market and earns profits of $10M.Firm B is a potential entrant that is thinking about entering the market.If B does not enter the market,
Bob Davies must decide whether to invest $100,000 in his own business or in another local business. Both investment projects have an expected life of five years. The cash flow of each is as fSuppose the risk of the projects is the same and is acc..
Let us assume that an economy in which there is no widely agreed upon form of money. In other words, suppose we are dealing with a barter economy.
1.nbsp as a consequence of the problem of scarcitythere is never enough of anything. individuals have to make choices
Fast-food chains like McDonald"s, Burger King, and Wendy"s operate all over the United States. Therefore, the market for fast food is a national market.
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