What have been some of consequences of government price

Assignment Help International Economics

Reference no: EM13245495

1. should US government protect domestic industries from imports? why?

2. freely floating exchage rate system, a fixed exchange rate system, and a " managed float" system. how is trade deficit corrected under each system?

3. explain the various components of the balance of payment and illustrate the system with a numerical example. explain some of the factors that affect a country's balance of payment.

4. what is cartel? how does it work? what is current example of cartel and how is it working? what specific laws apply to cartel? what is the relationship between an industry facing a kinked demand curve and cartel?

5. explain why the MR=MC rule always give the profit maximizing or loss mininizing level of output

6.explain using a numerical example, how the lawof diminishing returns operates. how does the law of diminishing returns explain the behavior of total cost, total variable cost and marginal cost as output increase?

7. what does price elasticity of demand mean? how is price elasticity of demand claculated using the midpoints formula? what is the total revenu test and what are the determinants of price elasticity of deman?

8. what are some of the key anitrust laws in the US? what problems have they attempted to deal with? what are some of the main anti trust issues that have surfaced in the last few year?

9. what is the lawof demand and how do the imcom effect the subsitution effect and the law of diminishing marginal utility explain how the law of demand work?

10. what is the purpose of farm price supports and how do they work? what have been some of consequences of government price supports and other government aid program for farmers in the US?

Reference no: EM13245495

Questions Cloud

What is the present value of the bond show your work : You buy a government bond that pays interset twice a year. The interset payment is $300 each six months. The bond matures in six years. The face value of the bond is $10,000. The annual market interset rate is 6 percent.

What is the centripetal acceleration of a helicopter : What is the centripetal acceleration of a helicopter flying in a horizontal circle of a diameter 510 m at a speed of 120 m/s

Why is it that firms can earn profits in the long run : As an industry moves from being a monopoly to a monopolistically competitive one (due to the entry of new competitors as the monopoly's patents expire, for example), what happens to the elasticity of the demand curve facing the firm

What effect would each of the following have on aggregate : What effect would each of the following have on aggregate demand or aggregate supply

What have been some of consequences of government price : explain using a numerical example, how the lawof diminishing returns operates. how does the law of diminishing returns explain the behavior of total cost, total variable cost and marginal cost as output increase

Explain important to have a set of standard conditions : What are the standard conditions of temperature and pressure, and why is it important to have a set of standard conditions

What is the electric field strength between the plates : A doubly charged ion is accelerated to an energy of 35.0 keV by the electric field between two parallel conducting plates separated by 2.20 cm

What voltage is applied to the 9.00 µf capacitor : In open heart surgery a much smaller amount of energy will defibrillate the heart, What voltage is applied to the 9.00 µF capacitor of a heart defibrillator that stores 55.0 J of energy

Explain naoh to back titrate the excess hcl : The resulting solution required 12.36 mL of 0.1211 M NaOH to back titrate the excess HCl. What was the percent CaCO3 in the unknown? Report your answer to two (2) decimal places

User Account

All Pages