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Based on your understanding of full employment, answer the following question:
q. a monopolistic firm control in 2 separate markets. no deal is achievable between market a as well as market b. the
Select one individual and one organizational barrier to innovation. What criteria would you use to determine how these barriers prevent innovation?
Suppose the market demand for a good is described by the demand function P = 160 - 2Q. It follows that the total revenue function relating the total revenues (TR) to the quantity sold (Q) is:
In the absence of a contract between the parties, do the firms behave in an efficient fashion? If not, describe the range of contracts that might emerge in response to the externality problem present in the environment. In answering this question,..
Put this into a table then find the mean and variance. Compare these to the mean and variance for a sum of two dice.
How would I plot a marginal product curve, say, given the number of workers on the x-axis and and the number of a certain product produced on the y-axis.
q.a consumer is in equilibrium at point a in the accompanying figure. the price of good x is 5.a. illustrate what is
You borrow $13,000 from a bank for three years at an annual interest rate, or annual percentage rate (APR), of 12%. Monthly payments will be made until all the principal and interest have been repaid. What is your monthly payment? If you must pay two..
What should a reduction in the soda tax do to the supply of sodas and to the equilibrium price and quantity? Can you show this graphically?
Why is U.S. Government spending crucial to the creation of higher "new equilibrium levels"? Is this good for the macro-economy? Explain why or why not.
In the Columbia Gas of Ohio study that forecasted the demand for gas, the compnay developed the following coefficients for their equaion:
Two firms, A and B, have complete control of the supply of mineral water and both have zero costs. The market (inverse) demand function is given by: P = 200 – 10Q, where Q = qA (output of seller A) + qB (output of seller B). Their best reply function..
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