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Question: Examples from the news of firms in perfectly competitive markets. Discuss how costs impact these firms' profitability.
Why are firms that operate in an oligopolistic market structure considered to be price makers (aka price searchers/price setters)?
Suppose people freely choose to spend 40 percent of their income on health care, but then the government decides to tax 40 percent of that person's income. What can be said about deadweight loss in each case?
What does the Coase theorem say about the case in which player 1 isnot liable for damages? Specifically, how does output compare to part (c)?
In 1993 the funds rate fell to 3% while the rate of inflation was also 3%. Bond yields also fell sharply that year. Since the funds rate was well below.
Identify and briefly discuss 4 barriers to sustaining modern economic growth using the videos from Module 3 as a guide.
You may use the company you used for the Week 3 Learning Team assignment or you may select a new organization. Your selected organization must be submitted for instructor approval.
Construct a sequential equilibrium for this bargaining game for the case 7f = .2. (This is hard, but not impossible.) Construct a sequential equilibrium for this bargaining game for the case 7f = .8. (This is harder.)
What competitive assets would Capitec need in order to improve its future rating by Kantar BrandZ? If a decision is taken to develop such resources
What is the current economy like? Was it going through some sort of economic crisis?
Use the information below to answer the following questions: C = 4000 + .75YD
The management of the Mini Mill Steel company estimated the following elasticities for a special type of steel : Ep=2, EI=1, EXY= 1.5 and X refers steel and Y refers aliminum
Report about the country's major economic indicators, such as GDP and GPD per capita, unemployment rate, major imports/experts.
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