Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
You are a hero with a broken sword (Conan, Boromir, or your favourite Dungeons and Dragons character) being chased by a troop of bad guys (bandits, orcs, . . .). Fortunately you are on a horse and they are not. Unfortunately your horse is tired and they will eventually run you down. Fortunately you have a bow. Unfortunately you have only ten arrows. And there are 40 bad guys. Fortunately, being a hero, you never miss. The bad guys are strung out behind you, as shown. USE ECONOMICS TO GET AWAY
Note: You cannot talk to the bad guys. They are willing to take a substantial chance of being killed in order to get you--after all, they know you are a hero and are still coming. They know approximately how many arrows you have.
Two firms, A and B, each with a marginal cost of $50, form an oligopoly whose market demand is P = 650 − 10Q. If the market is defined by Cournot competition, what quantities will they produce and what price will they charge?
Suppose a firm is doing the best that it can and faces the following data: TR = 40, FC =20, VC =50. Should this firm exit the market immediatly? Explain. Should this firm exit the market in the long run? Explain
All of the following could immediately or eventually lead to an outward shift of a nation's production possibilities curve, EXCEPT:
The economy begins in long-run equilibrium. Then one day, the president appoints a new chairman of the Federal Reserve. This new chairman is well known for her view that inflation is not a major problem for an economy.
What is the difference between a free trade agreement and a preferential trade agreement? What is the difference between a free trade area and a free trade agreement?
Suppose the interest parity condition holds and that the domestic interest rate is greater than the foreign interest rate. What does this imply about the current versus future expected exchange rate? Explain.
If the on-campus demand for soda is as follows: what price will students end up paying in a perfect competitive market? a monopolized market?
In the early 1990s, Airbus and Boeing were both considering building a new Very Large Aircraft (VLA). Airbus faced this decision tree. Boeing’s decision was similar. Why did only Airbus build the VLA, the A-380? The numbers in parentheses indicate th..
Consider the Hicks/A-J model of strikes. Suppose that the union resistance curve is W=5+.2s-.01s^2, where W is the percentage wage increase and S is the expected strike duration in days. Find the expected strike duration and wage increase when econom..
Explain how the method used to determine the profit- maximizing level of output in product markets (i.e., MR = MC) can be applied to the labor market to determine the most profitable number of employees a firm should hire. Can you restate the equatio..
Which of these are assumptions of the Modified Accelerated Cost Recovery System (MACRS)? All assets have zero salvage value. All service dates are assumed to be at the end of the purchase year.
Suppose there is a policy debate regarding the United States’ imposing trade restrictions on imported tires: A political pundit argues that the government should impose a tariff on tires because they are a necessary input into the production of vario..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd