Compare between perfect competition and monopoly, Microeconomics

Assignment Help:

Question 1:

Compare and contrast between perfect competition and monopoly. Which of the two types of market structures is efficient?

Question 2:

Prepare a short notes on any of the following:

(a) Credit creation
(b) The concept of returns to scale
(c) Monetary and fiscal policy
(d) The income method of calculating national income
(e) Substitution and income effect of a price fall of a normal good

Related Discussions:- Compare between perfect competition and monopoly

Enumeration of workers, ENUMERATION OF WORKERS: Now, let us discuss ab...

ENUMERATION OF WORKERS: Now, let us discuss about the sources of data in India on workers. In India, two main organisations which generate and compile data on workers are the

Components of microeconomics , Challenges and discussions

Challenges and discussions

Employee communication, Employee Communication More widely called int...

Employee Communication More widely called internal communications, employee communication is must in retaining a happy and productive workforce. Internal communications to e

Determine the business cycle and classical economists, Determine the Busine...

Determine the Business Cycle and Classical Economists Business Cycle: The business cycle is the fluctuations in the rate of economic growth that take place in the economy. Th

New classical busines cycle thoery, NEW CLASSICAL BUSINES CYCLE THOERY: ...

NEW CLASSICAL BUSINES CYCLE THOERY: Yang, Xioaokai, Economics: New Classical versus Neoclassical Frameworks, Oxford: Blackwell Publishers. The book goes on to rigorously dev

#production possibility schedule.., #i need more light about it..

#i need more light about it..

Impact of globalization on local states, I have an article about 40 pages l...

I have an article about 40 pages long that''s needs to be read and then a discussion question. The post has to be 35-40 lines. I will have to send/ attach the article

Micro Economic Theory, a monopolist faces a demand curve Qd- 120-2p and has...

a monopolist faces a demand curve Qd- 120-2p and has costs given by C(Q)=20Q+100 (marginal cost is constant at $20) a. What is the optimal Price and Quantity for this monopolist?

Principle of economic, You have decided to sell some goods at a local music...

You have decided to sell some goods at a local music festival. You have hired a sales stand for $500. Your cost per item is $3 and you will sell each item for $5. When you did your

Statistical or analytical methods of demand forecasting, Statistical metho...

Statistical methods are considered to be superior techniques of demand estimation because: a. The element of subjectivity in this method is minimum, b. Methods of es

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages