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Compute efficiency costs of a monopolist facing aggregate demand X=100-2p, having a cost function C=2X. Calculate the efficient unit subsidy (that corrects inefficiencies).
Find the price and the quantity at the intersection of two demand curves with a kink. Identify the portions of the two demand curves, with "L shape above the kink" and the portion of the other two demand curves with "reverse L shape below the kink
The Future Flight Corporation manufactures a variety of Frisbees selling for $2.98 each. Sales have averaged 10,000 units per month during the last year. Recently Future Flight's closest competitor, Soaring Free Company, cut its prices on similar ..
provide a cost-benefit analysis for a company which has to decide whether to hire more staff or hire temporary workers
5) Consider two people playing an ultimatum game over $10 that can be divided in $1increments ($10-$0, $9-$1, $8-$2, etc.). Suppose it is common knowledge among them that both have Fehr-Schmidt utility functions with the assumptions given i..
prepare a package of forms and instructions to disseminate to each division head. the purpose of this package is to
Why would the combined measures be likely to have any impact on the person's consumption of cigarettes?
Discuss whether or not the Fed should use its policy tools to smooth out the business cycle. Explain your rationale.
Write a summary for each minutes incloding what was the problem for each minutes and what did the committee decide to do about each minutes: each minutes in a seapret page
Describe the background of the economic scenarion. Describe in detail the project in terms of objectives, capital investment, target beneficiary and viability.
What is significant about the connection between the demand for goods and market failures? What happens to the demand for goods when a market fails
What do you observe about national identity and Transcendalism in the works of Innes and Ives? Discuss Transcendentalism and its view of wilderness.
In 1990, Pakistan's total nominal GDP was $34,050 million. In 2000, total nominal GDP had increased to $51,920 million.
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