User Account

All Pages

Drastic reduction in the cost of production

Assignment Help Macroeconomics
Reference no: EM131159800

1. Briefly explain how firms compete/set price under -

  • Perfect competition
  • Oligopoly

2. Most recently, the price of oil has fallen drastically. Explain if this is a result of:

  • A drastic reduction in the cost of production (i.e. shift in the supply curve)?
  • A fall in the demand for oil and oil products ( i.e. shift in the demand curve?
  • A change in the Speculative Activity ( i.e. change in  stock piling)?
  • Other factors ?

( Based on current oil pricing in the global market)

Reference no: EM131159800

Questions Cloud

Different types of products to purchase : The main aim of this project is to make Online shopping very easily. The Special thing about this project is it provides different types of products to purchase.
Analyze the routine activities and lifestyle theories : By looking at the role of victims in crime, victim precipitation looks beyond the criminal to determine how the victim contributed to the occurrence of the crime. From the first e-Activity, provide an explanation of how victims contribute ..
What are the main components of aggregate demand : 2. What are the main components of Aggregate Demand? Which components are more volatile than others? Explain.
What you plan to do with that new single important thing : what you plan to do with that new single important thing, i.e., how you will apply this new knowledge to and/or in your life in the future? Why do you believe it is worthy of application?
Drastic reduction in the cost of production : 1. Briefly explain how firms compete/set price under -
Health promotion and disease prevention : Health Promotion and Disease Prevention. Physician Assistant,- Health consequences of obesity in youth: childhood predictors of adult disease.
What is price elasticity of demand : 1. What is price elasticity of demand? How is it measured? If the price elasticity is -3 and $300 is the marginal cost of product X, what should be the optimal sale price? (Hint: apply the mark-up rule)
Thinking about buying this bond one year : Imagine that a $10,000 ten-year bond was issued at an interest rate of 6%. You are thinking about buying this bond one year before the end of the ten years, but interest rates are now 9%. Calculate what you would actually be willing to pay for this b..
Generate annual cash flows : A company considers the following investment projects.  Both projects involve the purchase of machinery with a life span of five (5) years.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd