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Q1. A monopoly with constant marginal costs of $50 can sell to three groups of potential consumers, with demands Q1 = 800 - 0.2p, Q2 = 400 - p, and Q3 = 700 - 0.4p respectively. Find the optimal price- quantity combination in each market
(i) if the firm is able to price-discriminate;
(ii) if it is not able to price-discriminate.
Q2. What are the strengths and weaknesses of the measure of welfare used by many economists: consumer welfare plus producer surplus?
The commercial banking industry in Canada is less competitive than the commercial banking industry in the united states
wo companies A also B are duopolists who produce identical products. Determine the long run equilibrium output also selling price for each firm.
illustrate what is the real GDP in every yr, given which the price index has risen from 100 to 104.5 in the 1st yr also up to 108.3 in the 2nd yr.
q1. an industrial breakthrough raises a countrys total factor productivity a by 10. show how this change involves the
Define the correlation between two random variables X and Y. What does the correlation coefficient measure?
For this assignment you need to evaluate one idea and how you would implement your stimulus strategy. Food for thought
Explain how do you expect the supply and demand of your selected good to change in the next year. Relate you expectations to the price and quantity of the good in the marketplace.
Explain why at first patents might seem such as a deterrent to growth because in effect they restrict the use of new technology
Illustrate what do you think would be the short-run impact on the firm's production.
If overseas producers can sell in the domestic market Illustrate what is the equilibrium price. Illustrate what is the equilibrium quantity.
what is the best level of output of a perfectly competitive firm in the long run?
Illustrate what or considerations may be taken into account in order to make a decision on implementation of policy.
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