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Comparative Advantage of India
Discuss the position of India with respect to the comparative advantage it holds in gems and jewellery, software services, and petroleum.
Suppose two identical firms produce widgets and they are the only firms in the market. Find out the Stackleberg Equilibrium.
Discuss market trends that General Motors organization/industry will face and address(discuss) how their prices and technology will change or will not change, and why.
Illustrate what extent are these definitions of economics and happiness similar. To what extent are they different.
Assume an economy's real GDP is $30,000 in year 1 and $31,200 in year 2. What is the growth rate of its real GDP?
Suppose that the economy is short of its full-employment (potential) level of GDP, assumed to be $14,000 billion, by $500 billion.
Discuss the consistency of mutual fund performance results, as studied by Goetzmann and lbbotsoni ndifferent between the after tax returns on a corporate bond paying.
Evaluate the following: The laws of supply and demand cannot apply to the labor market because labor is not a commodity to be bought and sold like machines.
Illustrate what happens to the AFC per paper, the MC per paper, and the minimum amount that you must charge to break even on these costs.
Identify whether the subsiquent issues are macroeconomic or microeconomic and explain why you categorized them in that way.
Discusse the impact that trade restrictions such as tariffs and quota have on the price of imports.
Bertand: If the firms compete on the basis of (continuous) price, what is the Nash equilibrium if the game is played once? A finite number of times? Explain clearly.
Solve for the price and quantity that the monopolist would choose to maximize its profit under the more advanced technology. And also calculate the resulting profit.
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