Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Systems theory suggests that there should be a correspondence between performance and the degree to which economies approach the perfectly competitive ideal. Do UN data confirm this prediction? Is the superior performance of China explicable on other competitive principles like the "catch-up" effect?
An injection-molding machine can be purchased and installed for $90,000. It is in the seven-year GDS property class and is expected to be kept in service for eight years. It is believed that $10,000 can be obtained when the machine is disposed of ..
The rate of economic growth per capita in France from 1996 to 2000 was 1.9% per year, while in Korea over the same period it was 4.2%. Per capita real GDP was $28,900 in France in 2003, and $12,700 in Korea. Assume the growth rates for each countr..
Consider Romer's model of endogenous growth. a). Suppose first that the production function is as follows: where f = 0.1 and f = 0. Using the equation in the text, what will be the growth rate of per capita income. what will be the growth rate of per..
Explain the Modified private enterprise economy in USA
Suppose that an individual consumes three goods -- food, clothing, automobiles. Denote the quantities of these goods consumed by X, Y, and Z respectively. Suppose the individual utility function is given by U = 5 ln x + 4 ln y = ln (1+z)
Suppose P=20-2Q is the market demand function for a local monopoly. The marginal cost is 2Q. The local monopoly tries to maximize its profits by equating MC= MR and charging a uniform price. What will be the equilibrium price and output
price:1.75, 2.00, 3.00, 4.50, 5.00, 5.50. quantity: 55, 110, 165. mc=5.00/165, 3.00/110, 1.75/55. atc=5.00/165, 5.50/55. avc=2.00/55. demand=1.75/55. mr=2.00/55. How many DVDs should be sold to rent per day to maximize profit
An industry consists of two firms with identical costs C(q) = 5q +q2=2. The firms can either collude or compete. If both collude, they each produce qm (half the monopoly output Qm). If one rm colludes and the other competes
The output of workers at a factory depends on the number of supervisors hired (see below). The factory sells its output for $0.50 each; it hires 50 production workers at a wage of $100 per day, and needs to decide how many supervisors to hire.
Identify costs, revenue, and the economic losses on your graph. Using your graph, determine whether this firm will shut down in the short run or choose to remain in the market. Explain your answer.
What are some examples of political power countries must give up to be members of an economic union?
Assume that a very competitive start-up enters the market in direct competition with the oligopoly you describe initially gaining a 12% market share. Discuss the steps the oligopoly should take to address this new competition.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd