How product and market situations affects sustainability
Coke and Pepsi have their market dominance for nearly a century. General Motors and Ford have been hard hit by competition. What is different about the product/market situations in these two cases that affects sustainability?
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Actions by the federal government that decrease the progressivity of the tax system:
Suppose the firm is operating in a high-wage country, where capital cost is $100 per unit per day and labor cost is $80 per worker per day. For each level of output, which technology is cheapest?
For the next 3 questions, assume that there is a $4 per unit excise tax levied on the consumers of the product. What is the quantity of the good that will be sold after the tax is imposed?
Suppose that the free trade (world) price of good Y is PY = $1. Draw the domestic demand and supply curves for good Y. Calculate and indicate in the diagram the level of domestic consumption, domestic production and imports of commodity Y at free
General Motors and Ford have been hard hit by competition. What is different about the product/market situations in these two cases that affects sustainability?
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What is each firm's equilibrium output and profit if they behave non cooperative? Use the Cournot Model. Draw the firms ‘reaction curves and show the equilibrium. How much should firm 1 be willing to pay to purchase firm2 if collusion is ille
Compare and contrast monopolistic competition with perfect competition and monopoly in terms of price, quantity, and profit. Assume bowl-shaped AC and MC curves.
How did the development of the "atlantic world" impact kingdoms and colonies that were apart of it? pick three examples and discuss.
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