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When comparing perfect competition and monopoly, a major assumption made is that
A) the monopolist has the same supply curve as the competitive industry
B) consumers don’t know whether the industry is competitive or monopolized
C) the marginal costs of production are the same under monopoly as under perfect competition.
In the absence of regulation, firm 1 would emit 15 and firm 2 would emit 20. The firms have the following marginal control costs where q1 and q2 are the amount of emissions reduced by each firm. If instead an emission permit system was established, h..
Assume that the Fed decided engages in an open market purchase of $100 million dollars. If the required reserve ratio is 10%, and if banks hold an additional 2% of their assets in bonds, calculate the total change in the money supply.
Is the concept of a just price a positive or a normative concept? Why?
q1. assume that the autarky charge of commodity x is 10 in nation a 8 in nation b as well as 6 in nation c as well as
If a policy is Pareto optimal:
The interest rates on corporate bonds and government bonds of the same maturity tend, usually, to move together-increasing at the same time and decreasing at the same time. what could explain that fact?
q.consider two goods that are perfect complements. for instance car frames and tires. an individual likes owning cars
q1. as your corporation when life gives you lemons inc. is opinion about expanding the numeral of stands that it
The cost of repairing the valve now is $10,000; and of replacing it is $20,000. If the criterion is to minimize expected costs, which alternative is best?
The property in that area is rapidly appreciating in value because people anxious to get away from urban developments are bidding up the prices.
The more narrowly we define a good, the easier it is to find substitutes, and
Elucidate what would you recommend as a course of action, if any. For the industry you have chosen, discuss how price moves from today to the future.
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