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Question: What do you think about the long run equilibrium solution for a firm in a monopolistically competitive market? Would you expect this to be different than a perfectly competitive market? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.
Calculate the marginal and average variable product of each unit of labor input. Hint: plot your Units of labor and Units of Output vertically. Calculate total, average total, average variable, and marginal costs.
question 1the smith corporation is a shoe-maker producing shoes branded p while its competitor produces shoes branded
Analyze the effects of a reduction in the nominal money stock on the price level, on output, and on the real money stock when the aggregate supply curve is positively sloped and wages adjust slowly over time
The perfectly competitive firm will be in the long run equilibrium whenever price is:
Emilie loves profiteroles. She makes a profiterole by combining one wit of chocolate sauce (say 8 fl az) and two puffs (stuffed with paste). She receives one unit of utility per profiterole. Bertrand just likes to mt. He receives one mat of utility p..
A full time student used to earn 30000 in his previous job but now attend a 4 year collage, He paid a total of 15000 in tuition and fees per year. He also took a student loan of 10000 at a annual interest rate of 3% per year and withdrew 14000 in sav..
Evaluate whether new nations depend of strong governments to succeed. Take a position on whether strong governments are necessary to ensure stability.
Why do economists so often disagree with each other, and is this disagreement a sure sign that economics is not a well-developed "science" after all?
Write a brief (500-800 words, plus tables/diagrams) summary report of the trade policy activity of the country to which you have been assigned, which is UK. Your summary should include information and analysis about your country's: ?current and histo..
Suppose that Jean Splicer, an investor, buys $300,000 of shares of stock in a diversified bundle of Bio-tech firms and exactly one year later sells those shares for $315,000.
Write economic analysis on the "AT&T Offers Data Privacy - for a Price" -
Discuss informally what you would expect to see in a model of the housing market like the one presented in class, but in which people form expecta- tions of future house price changes by extrapolating from price changes in the recent past.
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