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Write a 3 to 4 page APA-formatted paper in which you address the questions below. Use at least three cited references that are peer-reviewed sources. Please utilize LIRN to help you get started with your search. You may visit the Academic Resource Center for a guide on how to utilize LIRN successfully.
1. Choose four real-world companies, respectively one for each market structure type - Perfect Competition, Monopoly, Oligopoly, and Monopolistic Competition.
2. Explain why the companies fit in the respective categories.
3. Compare and contrast the four companies with regards to their market structure characteristics, including, but not limited to: barriers to entry, number of firms in the market, short-term and long-term profits, price elasticity of demand, etc.
q1 case studyon the advice of some of its wealthiest alumni clare college has borrowed pound15m on a 40-year inflation-
Consider the market for bicycles. The Total Cost function is given by TC = 100 + 10q + q2 and there are 20 firms. The demand function is given by P = 120 - q. However, there are significant externalities to the production of bicycles. The governme..
Draw a graph how hot weather affects the market equilibrium pice and quantity of gas - during the Summer of 2012 the US experienced record hot temperatures.
Calculate output, marginal cost, averagecost, price and profit at the average cost-minimizing activity level and calculate these values at the profit-maximizing activity level.
If the price elasticity of demand for gasoline is 0.3, and the current price is $1.20 per gallon, what rise in the price of gasoline (in cents or dollars) will reduce its consumption by 10%? please explain.
Proponents of trade liberalization argue that freer trade might actually improve the quality of the environment
Are unions good or bad forthe economy How do unions at GM and Ford affect employment levelsand wages How do unions affect other industries in terms ofemployment and wage levels
a firm has two prodcuts and two customers. customer 1 is willing to pay 9 for product a and 4 for product b. customer
A,B, and C decide to act illegally as a cartel, to divide the market equally among the three of them, and to set the price and output that will maximize their total profits. What price and output do they set? What is the output level that each of ..
it is suggested that you review the recommended articles to glean any helpful information. in this discussion you will
1. according to the law of demand other things remaining the same if the price of a gooda. rises the quantity demand
The government dislikes smoking, and likes tax revenue. If they wanted to increase the after-tax price to $10 per pack, what size of excise tax must be placed on sellers? How much revenue will it raise? What will be the Deadweight Loss?
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