Antitrust policy-industrial regulation
Difference between antitrust policy, industrial regulation and social regulation.
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What are the causes of a self-fulfilling currency crisis? Does such a crisis depend on the central bank's interest rate policy? How? Explain using an appropriate diagram.
Find an expression for the marginal product of labor, MPL, when the amount of capital is fixed at 16 units.
In the studying of monopoly and monopolistic competition, what are the long-run effects on prices, output, and profits in these industries (patent expiration for monopolies, entry into monopolistically competitive industries).
Develop a linear equation that can be used to describe how the price depends on the processor speed. Based on your regression equation, is there one machine that seems particularly over- or underpriced?
What basic principles does the production possibilities (or transformation) curve illustrate? Consider whether an increase in the production of one good requires an increase or decrease in the production of other goods when K and L are held consta
In contrast to a socialist economic organization, how would a capitalist system differ? Consider who owns the capital (means of production) in the two models.
Propose a monetary policy action that could eliminate a recessionary gap in the short run. In what way might society gain if the Fed implements the policy you have proposed instead of simply permitting long-run adjustments to take place?
What is the total subsidy that the firm receives at this optimal level of emissions? The total abatement cost of the firm at the optimal level of emissions?
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