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Aircel, Airtel and BSNL are large telecommunication product firms. Jio is a new company that is entering the market. After operating for a few months Jio had to shut down. Determine the problems that Jio might have encountered using the theory of economics.
In the diagram draw the marginal social cost line that illustrates this. Add a marginal social benefit line that shows how the additional benefits of control decrease. Identify the optimal level of water quality. Suppose the government mandates co..
Graph each situation using the AD/AS model, including the AD, SRAS and LRAS curves. Label equilibrium. Assume that each situation began in a recessionary gap.
1. (a) Assume that the exchange rate between the U.S. dollar ($) and the Mexican peso (P) is pegged/fixed at ER=$1/P4. Assume that, initially, this exchange rate corresponds to equilibrium in the foreign exchange market. Illustrate the initi..
Consider the role the U.S. government has taken in the regulation of banks, as well as the history of major banking regulations, and predict the next major regulatory move by the U.S. government. Explain your rationale.
Andrew has decided to open an online store that sells home and garden products. After searching around, he chooses the software company Initech to provide.
Explain why equilibrium of supply and demand is desirable? How externalities may prevent market equilibrium and various governments policies
Discuss alternative ways other than tariffs that governments in a less-developed country might encourage and support easy ISI firms to produce in competition.
Both a payroll tax and an excise tax on alcohol raise revenue. What goals do you think motivate a payroll tax? What goals motivate an alcohol tax?
Calculate the utility of each of the individuals and the social welfare, then compare them with the situation without subsidies in Is subsidization Pareto optim
After the world pulled out of the Great Depression of the 1930s, many forecasters expected a repeat of that decline after World War II.
Because legalization would create a market for these drugs, economists can provide helpful commentary based on consumer choice and demand.
Marginal productivity theory implies that in a perfectly competitive market economy - chooses its profit-maximizing quantity of capital by
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