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For each of the following industries, explain why or why not they may be viewed as perfectly competitive.
a. the market for eggs.
b. the market for milk.
c. the market for individual firm stocks (equities).
d. the market for cars.
q1. what would you cite as examples of government improving market outcomesin recent economic history of the united
If there are no fixed costs of production, the q that solves the firm’s first-order condition is
The use of money as a medium of exchange represents the mostimportant service that money renders. The money supply known as M1 includes all assets that are good storesof value. The Fed's reserve requirement ratio can reduce the monetary base. The Fed..
q1. suppose that i make 15 per hour and you make 20 per hour and we both like to eat hamburgers that cost 5 each.
If a monopolist produces clear spring water at zero total cost, its total revenue will be maximized where, The price elasticity of the firm's demand curve is equal to one
"The cost of a bushel of wheat, which was $3.00 last month, is $3.70 today. The demand curve for wheat must have shifted rightward in last month and today." Discuss
What will be the CS, PS, tax revenues and deadweight loss? Suppose the government increases the tax to $4 per unit. What will be the new CS, PS, tax revenues and deadweight loss?
By Elucidate how much also in Illustrate what direction does GDP change as a result of his efforts.
Illustrates what happens if business taxes are reduced also the real interest rate increases
A business executive is offered a management job at Generous Electric Company, which offers him a 5 year contract that calls for a salary of $62,000 per year, plus 600 shares of GE stock at the end of the 5 years. what must the Generous Electric stoc..
What factors determine the sensitivity of net exports to the interest rate? Consider the cases where net exports are very sensitive to the interest rate and where they are very insensitive. Compare the effect that an increase in the money supply has ..
An engineering company just purchased a new CAD software for $8000 now and annual payments of $500 per year for 6 years starting 2 years from now for annual upgrades. What is the present worth of the payments if the interest rate is 6% per year?
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