Determine when firms are identical and different
Explain under what conditions are coronet and Bertrand equilibrium the same? Suppose you may assume the market demand is p = a - bQ. Determine when firms are identical and different.
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Determine a simple macro model with demand-determined output. Explain which of the following parameters will form the strongest automatic stabilizer?
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Discuss, Is it possible for this consumer to have multiple utility maximizing bundles? If yes draw a possible indifference curves demonstrating this.
What happens to output and price in the Bertrand, Cornet and Stackelberg models if marginal costs increase by the 10 percent? The market demand is p = a-b Q and the marginal cost is constant across firms, i.e. mc1 = mc2 = c.
Explain the difference among a change in demand and a change in quantity demanded in terms of causes and in how they appear graphically.
Your response should begin by defining what a transaction is and the criteria required recording it and you should describe the posting process and the fundamental accounting equation for accounts, and then explain the preparation of financial sta
Suppose you are the manager of a firm that sells a "commodity" in a market that resembles perfect competition, and your cost function is C(Q) = 2Q + 3Q2.
Calculate the value of Google's beta. Use the past 36 months of returns. Try and use quantmod to download the T Bill data directly. If not, you can always download the data from another source and load it separately.
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