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What is the equilibrium price under monopolistic competition? How many lawns will be cut in total, and how many firms will be in the market?
Suppose both firms provide low-price guarantees. Draw a new game tree and predict the outcome of the price-fixing game.
Waikiki Beach has two hotels, one run by Juan and a second run by Tulah. Draw a game tree for the price-fixing game and predict the outcome.
Hustle and Speedy provide transportation service from downtown to the city airport. Draw a game tree for the price-fixing game and predict the outcome.
To make the advertisement worthwhile, how many of the original buyers must each persuade just one other person to buy the book?
What is Corporate Social Responsibility (CSR)? What are the various strategic approaches to CSR?
How would this change affect economic growth? what groups in society would benefit from this change? what groups might be hurt?
Illustrate the short-run effect of a fall in aggregate demand using an aggregate-demand/aggregate supply. What happens to total output, income, and employment?
Give the formula for Valerie's MRS of x for y. This is done in three steps: (i) Give the formula for her MUx.
Define the axes as concerts per month and movies per month. For each graph, label the direction of preference with an arrow.
Why does the elasticity of demand for a good with respect to its own price decline as we move down along a straight-line demand curve?
In the market for home heating consumers typically have several options. Discuss the context in which your electricity provider is a monopolist?
What is the marginal revenue product of this Web designer? What type of returns to scale does this example illustrate?
How effective coal regulator would be to avoid monopoly situation in coal industry in case pricing is kept out of its remit?
What steps have been taken by government to overhaul coal sector? How is price decided in coal industry where there is situation of near monopoly?
What are the benefits of CSR? What is your opinion about the current amendments made regarding CSR initiatives in the Companies Bill?
Determined by the real GDP growth rate this year. Will equal to about 2% as worker productivity increases by 2% this year.
How are the conclusions of MMT imiportant for macroeconomic policy in an open economy?
How would the increasing availability of substitutes for in-home child care likely affect womenAc€?cs decision as to whether or not to work?
What would happen if the government chooses to increase the number of years that a firm can enjoy patent protection from 20 years to 25 years?
How would you describe the macroeconomic worldview of David Ricardo, Karl Marx, and John Stuart Mill?
If the world oil price increases significantly, other things equal, what would be the effect on Latin America GDP? Why?
Show that if MR=MH and PR=PH, some workers will take hazardous jobs, and some will take safe jobs.
Discuss the social and economic effects of colonization? How did it contribute the Price revolution?
What were the main tenets of bullionism/mercantilism? What policies and events combined to bring an end to the Spanish hegemony?