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Critically discuss that there is no satisfying theory that explains the behaviour of firms in oligopoly markets.
Which theories should I include in the analysis? Which examples are relevant to these theories? Furthermore, may you include some journals that will enhance my understanding of the key points that you will include in the answer.
If average variable price are assumed to remain constant over a 10 percent increase in output, evaluate the effects of the proposed price cut on total profits.
Some possible platforms on which to write are comparative advantage, gains from trade, World Trade Organization and trade restrictions.
Elucidate the percentage rate of Full Employment and Inflation that that these two organizations try to keep as its target.
Suppose you bought a bag of groceries at Food Lion this past September for $46.54. Calculate the price of a similar bag of groceries in 1999 prices if the CPI
Provide separate arguments to support your claims as to their slope, curvature, and the direction of increasing utility.
Write down the relationship between savings, capital formation, and consumption.
Select any low income country (or countries) on which you can find data on the following (a web search should yield you the required information)
Two identical firms face linear demand. Market demand is given by P=30-Q. Compare graphically consumer and producer surplus in Cournot and Stakelberg equilibria to perfect competition.
This seems to have reversed itself somewhat in recent years. Illustrate what factors might have been at work.
Discuss the evolution and responsibilities of the Federal Reserve System. What circumstances promulgated both the development and composition of the system.
Recently, a troubled bank borrowed $800 million from the Federal Reserve. Describe the impact this event had on the monetary base.
Elucidate the significance and implications of various economic theories pertaining to profit, consumer choice, demand and supply, forecasting and optimization.
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