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What are problems that monopolies can cause, and why is it difficult for the government to control and regulate monopolistic enterprises? Give a minimum of two real-world examples from recent history. Please keep your work within 350 to 400 words and cite your sources.
What is the deadweight loss in both markets if the price of a crate of fresh oranges is raised.
Illustrate what are the influences of aging population to business in developing countries. In these transactions, Explain how much has been added to GDP.
Sheila budgets $9 per week for her morning coffee with milk. She likes it only if it is prepared with 4 parts of coffee and 1 part milk.
what price and quantity of computers should you produce to maximize your firm's profits. What long run adjustments should you anticipate.
The payoff matrix of economic profits above displays the possible outcomes for Bob and Jane who are involved in game of whether or not to advertise.
what is the new wage and employment level; are employees better or worse off as a result of the health insurance benefits?
Would the monopolist charge a higher price in market 1 or in market 2? Why? Assume the price charged in market 2 was $10, what would be the price charged in market 1?
Defend your use of either monetary policy or fiscal policy to do this.
Elucidate the difference among nominal and real variables and give tow examples of each. According to the principle of monetary neutrality, which variables are affected by changes in the quantity of money.
Illustrate that the tax be acceptable in spite of the deadweight loss. What tax revenue will be generated.
Consider the following short-run production function (where L =variable input, Q =output: Q = 10L - 0.5L2 Suppose that output can be sold for $10 per unit. Also assume that the firm can obtain as much of the variable input (L) as it needs at $2..
Explain how could ABC use interest rate swaps to reduce the exposure of its cost of debt to interest rate movements.
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