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Explain the concept of consumer surplus and producer surplus. Why does competitive equilibrium pricing and output lead to maximization of these surpluses.
Why we believe that a linear demand curve will always be associated with a marginal revenue curve that has twice the slope of the demand curve in question.
Your job will be to explain what is the adverse selection problem faced by the labor market for police officers.
Over the past seven weeks, we have explored the foundational concepts and principles of microeconomics, and we have applied them to the world around us.
Please watch the video below. What examples of supply and demand can you see in this clip?
This video is great at explaining the connection between asymmetric information and adverse selection.
The three tools the Federal Reserve Bank (The Fed) uses when conducting monetary policy are the required reserve ratio, the discount rate.
Review the two articles about bank failures and bank diversification that are found below this.
How does public policy impact information technology?
Pick one of the following terms for your research: authority, competition, confrontation, dependency, empowerment, intergroup conflict, negotiation.
Write a paper describing how the public policy can impact Information Technology from a business standpoint.
Discuss the role of a central bank in a country, particularly in implementing monetary policy.
How does an increase in interest rates in the United States lead to an appreciation of the U.S. Dollar?
Increasingly cost changes for merchandise and an ascent in the consistency. Make a recommendation on how The Fed should correct this disinflation, if it exists.
Assuming the instantaneous production at the beginning of the third year. What is the estimated reserves remaining as at the time the field is sold?
An individual is borrowing $150,000 at 8% interest compounded annually. What is the balance still owed just after the twelfth payment is made?
Plot the individual's budget line. Find the optimal hours of leisure and consumption goods chosen by the individual in order to maximize his/her utility.
An industrial park in Farson, Wyoming needs to decide how to handle shipping of materials. What would be the large truck's profits under your answer in ii?
If both firms decide to compete in determining their outputs, find the profit maximizing q and P and calculate the profit of each firm!
What is the firm firm concentration ratio fo this industry? What would be the change in the 4-frim ratio and HHI index if the three largest firms merged?
If the marginal product of capital is 80 units and hour, what must be the marginal product of labor, if the firm is maximizing profit?
One of the explanations for the panic in the markets in 2007 is that the complexity and opacity of assets. What happened with such debt during the market panic?
Why might these factors demonstrate that Google and Amazon are engaging in market behavior that make them monopolists and/or oligarchs.
Calculates the average revenue-maximizing rate for main Organization of Economic Cooperation and Development countries is around 60%, way above existing levels,
Explain how reducing the budget deficit would impact the trade deficit. How could reducing the budget deficit decrease the trade deficit subsequently?