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Q1. As long as firms are price takers in the labour market, it doesn't matter if firms are monopolists in the output market because their labour demand curves would coincide with competitive firms anyway.
Q2. Assume that your town decides to levy a tax to raise funds for construction, maintenance, and also other expenses for local schools. Should the tax be proportional progressive or regressive
Q3. • Compare also contrasts public goods, private goods, common resources, also natural monopolies.
• Explain how labor market equilibrium is affected by the supply also demand of labor.
What are the strength of the neoclassical models of labor supply and labor demand. What are the weakness of the neoclassical models of labor supply and labor demand.
Amalgamate the information you have gathered and tell the economic consulting firm which actions you think OPEC will take over the next year based on your answers.
Population growth in developing nations has proceeded at unprecedented rates ower the past few decades.
Find out the optimal price-quantity if the firm is not able to price discriminate.
Illustrate what is the quantity of burgers demanded in equilibrium.
Under monopoly, still with the price PW which is again label triangle of consumer surplus and the triangle of producer surplus.
Suppose that increased international trade makes product markets more competitivein U.S., would we expect to observe an upward slope on the WS curve or the PS curve
Will the sales force and warehouse manager maximize ports.
Increase or decrease in the money supply increase the price level to the tolerable range
Is the price mechanism of a perfectly competitive market a good mechanism to allocate gasoline.
Take into account the due dates. Prevent plagio. Late assignments have a penalty of two points. Submit assignments as attachment for easier correction.
Remain in mind about your paper that is going to be read by people without previous knowledge of game theory.
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