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In a monopoly with a 50-50 chance of a demand curve of P=20-Q or P=40-Q and MC=Q, what is the profit maximizing price. Please show the steps to find either $5, 10, 15, or 20.
The Microsoft antitrust trial (United States vs. Microsoft) has been one of the biggest investigations of antitrust behavior since the turn of the century. You are supporting the Government, researc
Assuming that the countries can talk to each other and know each other's moves; What would the pricing outcome be? What would happen to LCD's profits and what would determine BC's profits?
If there are 400 households in the economy, draw the market demand curve and the marginal revenue schedule facing the monopolist?
One of your analysts told you that the Mexican peso is expected to depreciate by 30 percent against the dollar on the foreign exchange markets over the next year. What actions, if any, should you ta
Explain how Liberalism has been the dominant theory guiding the creation of these organizations and rules. What challenges exist that could undermine this direction in the Global Political Economy?
If you operate a typical firm in this market, what will happen in the long run in the market's Q, P and profits if there is no change in demand for the product? Describe a strategy that you can impl
Why is economics regarded as a science? Why do economists often disagree about policy issues? Why do we need policymaking (government interventions) at all? Please substantiate your answer with real
A monopoly will always earn economic profit because it is able to set any price that it wants to. Is this a true or false statement and why?
Analyze the macroeconomic factors that led to the 2007–2009 recession. How were GDP, inflation, and unemployment affected during the recession, and how does the model show this?
A new competitor enters the industry and competes with a second firm, which had been a monopolist. The second firm finds that although demand is not perfectly elastic, it is now relatively more elas
Why might it be appropriate for the government to allow a pharmaceutical company to have a monopoly in the production of a drug?
Using active monetary and fiscal policy to promote economic growth/expansions and to reduce the duration and severity of recessions/contractions.
Problem: A hypothetical monopoly firm is characterized by the following diagram. a. Assuming that the above firm is a profit maximizer operating in the short run, determine its optimal price?
Q1. Determine your optimal markups and prices under third-degree price discrimination. Q2. Identify the conditions under which third-degree price discrimination enhances profits.
Determine one possible combination of government spending increases and tax increases that would accomplish the same goal without changing the amount of outstanding debt.
Some schools have decided to eliminate trays on their cafeterias as an environmental move to save on washing and use of water and soap and so forth.
Question 1. In time, what do you think would happen if there were an "abolition of all right of inheritance?" Question 2. While Marx and Engels advocated the "establishment of industrial unions, esp
Among the four principal market structure models, monopoly and oligopoly offer the best opportunities for a firm to earn economic profits in the long run. What are some strategies for the firm which
Use the casual view of structure, conduct, and performance to explain the role of differentiation in the market for pizza. Then apply feedback critique to the role of differentiation in the industry
Relate the issues of ease of market entry and exit, and at what level of production will a firm seek to maximize profits?
After you have reached your conclusion, examine and explain how, if at all, your conclusion changes if the scope of the marketplace changes, i.e., the area of consideration is narrowed or widened.
It has accounted for the development of South Korea, China, India and Brazil is honestly more so their trading. When I go shopping, I notice that a majority of our products are made in other countri
Problem) Why do marginal and average cost curves take a “U” shape? Problem) Define “Monopoly”. Is it true that a monopolist will maximize profit where Marginal Revenue equals