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"Owning the Market" Please respond to the following:
In the lesson presented by Sal on Oligopolies and Monopolistic Competition he creates a two dimensional grid of the market types based on number of competitors and degree of product differentiation. Make sure you view this lesson.
Now apply the lesson and identify one monopoly from which you buy a good or service.
Now apply the lesson and identify one oligopoly from which you buy a good or service.
Now apply the lesson and identify one monopolistic competitor from which you buy a good or service.
Why could you say that supply-side economics is really more about after-tax wages and after-tax returns on investment than is about tax rates?
For each of the following decision-making problems, determine whether the problem involves constrained or unconstrained optimization; what the objective function is and, for each constrained problem, what the constraint is; and what the choice variab..
In a production run of 1000 parts, how many defects would be found (to the nearest whole number)? What is the advantage of reducing process variation?
Each Non-Equity Modes of entry by a MNC are different, at least, in the amount of local value added, and export earnings they generate in a host country? Which of these modes of entry generate the highest local value added and why? Which of these mod..
You receive payments at the end of each Quarter starting at the end of Quarter 1 and lasting 5 years (so the last payment you receive is at the end of Quarter 20). These payments are an equal series of payments of $500 for all 20 payment periods. The..
How does one assess and determine the performance of an economy (any economy)? And more specifically, what criteria are commonly used to do so?
The problem is to choose x to maximize f(x;a) = ax- 3x^2, where á is exogenous, subject to the constraint. Calculate the first-order condition for this problem. For this problem, which values of x are on the boundary, and which are in the interior?
Suppose the economy starts with output at potential. Then a supply shock occurs: oil prices rise sharply. What could monetary policy makers do to minimize the resulting recessionary gap (Hint: explain using the the AD and AS framework; no need to dra..
Suppose that the only input used in the generation of solar energy is sunlight
If the demand for housing falls, reducing planned investment by $75 billion, what is the effect on national income and output (GDP) (the consumption function is c = 50 + 0.7 (yd))
As the saying goes, "the only sure things in life are death and taxes." This saying points out the result that everything having to do with taxes is an automatic fiscal policy.
In the year 2000, a couple with two small children has combined salaries of $125,468; dividend and interest income of $2,666; and capital gains income of $8,540. Since they do not have substantial deductions, they plan on taking the standard deductio..
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