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Two examples of price discrimination? and Think about a firm and its investments. Describe different types of capital.
Describe the behavior of oligopolistic firm. how does the firm use Game Theory? define and explain the two types of game theory associated with competition? how do decisions change from short run to long run?
There is a dollar on the table, which each player can try to grab. If only one player grabs, G, and the other does not, D, the player who grabs gets the dollar and his payoff is 1, Which strategy profiles are Pareto Optimal?
Explain how industrial regulation affects the market and the entities affected by industrial regulation in terms of market structure.
Using the expenditure approach, gross domestic product equals:
A price-taking ?rm selling in a market with a price greater than the ?rm's average total cost should:
q.the availability of investment capital is critical for a market economy to grow. explain how this investment capital
Refer to the above diagram, where Sd and Dd are the domestic supply and demand for a product and Pc is the world price of that product. With a PcPt per unit tariff, the quantities sold by foreign and domestic producers respectively will be
Suppose output is growing at 3 percent per year and capital's and labor's shares of income are .3 and .7 respectively. If both labor and capital at 1 percent year what would the growth rate of total factor productivity have to be? What if both the la..
Two countries will have zero incentive to trade if their production possibilities curves are parallel straight lines because One country has a comparative advantage in the production of both goods, thus providing that country with no incentive for tr..
At the equilibrium market price, each firm produces 20 units. What is the equilibrium market price, and how many firms are in this industry?
During course of twentieth century, average workweek in United States has gotten shorter and Americans have enjoyed greater amounts of leisure time. How has this development affected potential GDP and labour productivity.
Explicate the difference between balanced growth strategy and unbalanced growth strategy.
The U.S. economy has fallen into a recession. It is a severe and deep recession, and one that some economic analysts say may persist for at least another year.
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