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Problem: In 2020 hull had 39.8 million subscribers in the US at the end of 2021, they had an additional 5.5 million. Price for their streaming live plans also increased in 2021 from 65 to 70 per month. Throughout 2021, 5Gnetworks around the country improved. On a piece of paper draw a clearly labeled market graph demonstrating the change in equilibrium for hulu between 2020 and 2021.
How do employers typically finance training of their employees? Fill in the blanks of the following sentence. in relative supply of workers would their wages.
This assignment problem from economics and it is focuses on Nash equilibrium or game theory, introduced by Prof. John Nash. A case study involving game theory in deciding dominant strategy for two competing multiplexes is given.
a. How does an economist define allocative efficiency? What types of markets exhibit allocative efficiency?
Consider an individual who is planning his consumption over ?ve periods during which he expects his income to be 4, 10, 16, 12, and 8. What is his permanent income?
Determine if the demand for the following products is price elastic or price inelastic, or explian how the necessity of a good and the availability of substitutes affect the price elasticity of demand.
Draw a well-labeled graph of your investment per worker equation - Is the slope of the investment per worker function constant? Explain your answer.
Find the cross price elasticity between marijuana and cigarette. Interpret the result. d. Suppose the government increases the tax on cigarette such that its price soars by 20%
With two goods, X and Y, what is the utility-maximizing formula - what, in words, is the profit-maximization rule and write down an explanation of the meaning of MC
Suppose there is a permanent fall in private aggregate demand for a country's output (a downward shift of the entire aggregate demand schedule). What is the effect on output? What government policy response would you recommend?
Long-term, structural unemployment is higher in Europe than in the United States, but some European countries have it worse than others.
Mr. Sea Food is considering a price reduction on the lobster soup, which currently sells for the price of $5.00. Mr. Smith, the proprietor, knows the price elasticity for this soup is roughly equal to 2.3 over the range being considered for the pr..
Write down some similarities and differences between monopolies and oligopolies. How would you classify Microsoft? How would you classify the power industry in your area?
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