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Market leaders and monopolies
IBM Corporation has a reputation for not necessarily developing new technology, but acquiring relatively new companies with innovations and successful technology. Elucidate why is it that market leaders and monopolies generally acquire, rather than develop new technology?
Make an example of a comparative advantage model by 'choosing two countries and two products.
Elucidate the difference between the government purchases multiplier and the net tax multiplier. If the MPC falls, what happens to the tax multiplier.
Elucidate what happens to Economic growth and Consumption at each stage of the cycle. At which stage of the Business cycle is your firm right now and why.
Compute the changes in inflation rates, unemployment rates and the RGDP growth rates.
As we all know, at current it is illegal for parents who want to adopt a child to pay the birth mother for, or to offer to pay for, the babies they adopt.
Finding the short run and long run profit maximizing price - quantity and number of firms in industry.
As what will happen if the marketplace is characterized by sticky wages.
Describe the distinguishing features of various forms of regional economic integration, including their benefits and costs.
Elucidate the significance and implications of various economic theories pertaining to profit, consumer choice, demand and supply, forecasting and optimization.
Show the first and second order condition for profit maximization. Illustrate what is the price elasticity of demand faced by this monopolist.
Mention and describe the three theories for why the short-run aggregate-supply curve is upward sloping.
Create an educated guess as to illustrtae you expect to happen to short-term.
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