Examine decision by the victorian department of transport

Assignment Help Macroeconomics
Reference no: EM133289253

Assignment:

Melbourne Central Business District (CBD) train line is only operated by Metro. Singh and his two (2) friends are from rich families. After graduating from Holmes Institute they wanted to establish a passenger train line in Melbourne Central CBD. Accordingly, they made an application to the Victorian Department of Transport. However, the Victorian Department of Transport rejected their application.

Examine the factors that could have contributed to the decision by the Victorian Department of Transport to reject Singh and his friends' application to enter the industry.

Reference no: EM133289253

Questions Cloud

Case scenario of graduating in a deep recession : What can you do to be ready for the worst case scenario of graduating in a deep recession (with high unemployment and a big surplus of labor)?
How can the decision of us citizens to save money : How and why can the decision of U.S. citizens to save money cause economic problems for the economy?
Types of goods into normal goods-inferior goods : New cars, used cars, rental cars - classify these 3 types of goods into normal goods, inferior goods, and luxury goods?
Effect of interest rate reduction in philippineeconomy : Suppose the Philippine Reserve Bank reduced interest rates in order to reduce the severity of the recession on the economy.
Examine decision by the victorian department of transport : Examine the factors that could have contributed to the decision by the Victorian Department of Transport to reject Singh.
Discuss the real exchange rate of finland : The external value of the euro is exogenous from the point of view of Finland and it appreciates in the foreign exchange market by 5%.
Compare perfectly competition with monopolistic competition : Explain whether a firm in monopolistic competition can achieve allocative and productive efficiency.
Role of macroeconomics in poverty alleviation : Macroeconomics is the study of the economy as a whole. It looks at the big picture of how the economy works and how it affects people.
How do solve problem of lasting unemployment in a recession : If not, as a classical economist, how do you solve the problem of lasting unemployment in a recession?

Reviews

Write a Review

Macroeconomics Questions & Answers

  The deadweight loss that is associated with a monopolistical

The deadweight loss that is associated with a monopolisticallycompetitive market is a result ofa.price falling short of marginal cost in order to increasemarket shareb.price exceeding marginal cost.c.the firm operating in a regulated industry.d.exces..

  How in principle should the cfo determine cost of capital

Is a forecasted 8% return in the encabulator business necessarily better than a 4% safe return on short-term U.S. government securities?

  Improve human capital

A policy is not a goal such as "improve human capital" or "reducecorruption," but sufficiently specific that someone could disagree with it.)  Pointout at least one weakness of your proposal and a partial solution

  What do you recommend that she do would your answer change

Sandra, a single taxpayer in the 35 percent marginal tax bracket, has $60,000 she can invest in either corporate bonds with a stated interest rate of 9 percent or general revenue bonds issued by her municipality

  Knowledge of marginal revenue product

The only legal employer of military soldiers in United States is the federal government. If the government uses its knowledge of its monopolistic position, what criteria will it employ when estimating how many soldiers to recruit?

  Identify the benefits and costs associated

Identify the benefits and costs associated with each option available to the government. Illustrate how each policy response will impact the marco-economy.

  Why is plasma protein important

In your own words, is the blood an organ or a tissue? Explain why or why not. Why is plasma protein important to a healthy blood supply? Can it be donated?

  What is the expected real cost of the mortgage

Say Tom buys a new house for $300,000 and takes a mortgage loan equal to the full amount at 7 percent interest rate. We will assume that the home's value will increase at the rate of inflation. If the expected rate of inflation is 4% the home is expe..

  In light of theory of comparative pros are any restrictions

In light of the theory of comparative pros are any restrictions on free international trade advantageous

  Relationship between the public and private sectors

Compare the historical role of the executive branch in health policy and outline the effectiveness of that approach. Consider the way in which the relationship between the public and private sectors are expressed in presidential debates.

  A needy family of a mother and three children currently

a needy family of a mother and three children currently receives cash benefits that average 12 per day. the mother of

  Obtain a specific level of utility at lowest possible cost

the owner-manager of good guys enterprises obtains utility from income(profit)and from having the firm behave in a socially conscious manner, such as making charitable contributions or civic expenditures. can you set up the problem and derive the ..

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!

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