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Which of the following is a characteristic of a monopoly?
A. The firm has no control over price.
B. The product is not unique.
C. There is only one seller in the market.
D. It is easy for new firms to enter the market.
there was a month in which employment and the unemployment rate both rose. Assuming the computations were correct, how is it possible for both to have increased.
What are financial intermediaries and what do they do. What information problems exist in financial relationships and how do financial intermediaries help solve them.
Suppose that the real interest rate increase to r = 0.11. Elucidate real output have to be for equilibrium price level to remain at its initial value.
Write a formula which describes the marginal product of labour in the short run as a function of the amount of labour used.
Which of the policies is/are a monetary? - Which of the policies is/are fiscal? - What are the differences between monetary policies and fiscal policies?
Suppose the labour market in the house cleaning industry in Quebec City can be described by the following demand and supply equations: LD = 400 - 10w and LS = 40 + 20w. Calculate the equilibrium wage and employment if the market is free.
q. the credit card market has grown increasingly competitive. to maintain customer satisfaction banks that issue credit
Presently, boats rent for $500 per day also workers cost $100 per day. How many workers do you need to produce 200 tons of shrimp?
q1. suppose we use two inputs lets say capital and labor and the price of capital is pk and the price of labor is pl.
In a recent study it has been estimated that the own price elasticity of demand for a special type of U.S. manufactured automobile tires is - .75, while the income elasticity of demand is 1.1 and the cross price elasticity of demand with respect to f..
q.consider the following extended classical economy in which the misperceptions theory holdsad y 300 10mp.sras y ? p
q1. a monopoly with constant marginal costs of 50 can sell to three groups of potential consumers with demands q1 800
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