Find the number of firms and the output per firm

Assignment Help Econometrics
Reference no: EM131134934

Suppose the two countries we considered in the numerical example on pages 166-169 were to integrate their automobile market with a third country, which has an annual market for 3.75 million automobiles. Find the number of firms, the output per firm, and the price per automobile in the new integrated market after trade.

Reference no: EM131134934

Questions Cloud

What terms hanna rosin applies for men and women : The End of Men and the Rise of Women, Hanna Rosin depicts men and women's reactions to the changing US economy.
How many different heights would be observed : In a particular plant, three independently assorting genes (Aa, Bb, Cc) influence height, such that each dominant allele adds 4 cm to a base height of 2 cm. If the F?1 plants are crossed, how many different heights would be observed among the F?2 p..
What about welfare in the two countries : What happens to the terms of trade? What about welfare in the two countries? Suppose, on the other hand, that Country Y retaliates with an export subsidy of its own. Contrast the result.
Should shade introduce scented soaps to true body product : Should Shade introduce scented soaps to True Body's product line? Explain.- What steps should Shade take to increase the in-store shelf space of True Body's products?
Find the number of firms and the output per firm : Suppose the two countries we considered in the numerical example on pages 166-169 were to integrate their automobile market with a third country, which has an annual market for 3.75 million automobiles. Find the number of firms, the output per fir..
What is the expected frequency among men : Suppose the mutant allele responsible for X-linked color-blindness has a frequency in the population of 0.1. At Hardy-Weinberg equilibrium, what is the expected frequency of color-blindness among women? What's the expected frequency among men
Which firms would choose to adopt the new technology : Could it be profit maximizing for some firms to adopt the new technology but not profit maximizing for other firms to adopt that same technology? Which firms would choose to adopt the new technology? How would they be different from the firms that..
Describe how the emerging concept of the triple bottom line : Describe ways by which the company can integrate corporate responsibility principles into their operations. Which of these do you believe to be the most effective? Why? Support your opinions with citations from your textbook or outside sources.
Why person decide to become an entrepreneur : Person can be a local shop or restaurant owner, a hair salon owner, a pet groomer, a consultant any field is fine. - find out why that person decide to become an entrepreneur.

Reviews

Write a Review

Econometrics Questions & Answers

  What is one advantage of running a logit regression

Which of the two  specifications fits the data better? How can you tell? What is one advantage of running a logit regression instead of estimating a linear probability model with OLS?

  What is the maximum amount of money the banks

Assume that there are no excess reserves inthe banking system and the reserve ratio is 40 percent. John Smith finds $10,000 incash under his mattress, stashed there by his great aunt who didn't believein banks.

  Explain the results of these more recent empirical tests

What general conclusion can be reached with respect to the utility and acceptance of the H-O model?

  Calculate the proportion defective

To construct a p-chart for a manufacturing process, 25 samples of size 200 were drawn from the process. The number of defectives in each sample is listed below. a. Calculate the proportion defective in each sample. and b. Calculate the plot p-ba..

  What is the the average retail price of the cookbooks

Deliverable Length: 1 graph plus calculations You must give up your full-time job, which paid $50,000 per year, and you worked part-time for half of the year. The average retail price of the cookbooks will be $30, and their average cost will be $2..

  How much would you be willing to pay

Where would they fly? Would it be enough to not want to drive to SLC, and how much would you be willing to pay?

  Suppose the world price for a good is 40 and the domestic

suppose the world price for a good is 40 and the domestic demand and supply cureves are given asdemand p80-2qsupply

  When the mother of the granddaughter is the top

the daughter of a women with the income in the bottom third of the income distribution will herself have a 60% chance of being in the bottom third, a 25% chance of being in the middle third, and a 15% chance of being in the top third. Income Group..

  Why inc engages in third degree price discrimination

The marginal cost (which equals the average variable cost) of serving an additional patron, either senior or everyone else, is equal to $4. Fixed costs are equal to $1000.Ps = 80 - Qs Pe = 100 - 2Qe Show that MRe = MRs = MC

  Compute the net future worth of each project

Given: Period Project cash flows (n) A B C D 0 $(5,000.00) $(2,000.00) $4,500.00 $(3,500.00) 1 $5,800.00 $(4,400.00) $(6,000.00) $1,000.00 2 $12,400.00 $7,000.00 $2,000.00 $5,000.00 3 $8,200.00 $3,000.00 $4,000.00 $6,000.00  Compute the net future wo..

  What should a properly designed piece-rate contract

Factory workers at each plant have the same characteristics (e.g., skills, alternative employment opportunities, level of income, risk aversion, etc.). The quality of a toothbrush produced is easy to supervise but the effort exerted by a worker is..

  What were the equilibrium levels of the real interest rate

Due to its remoteness, Siberia can be considered as a closedeconomy. Recent data about its popula- tion movements indicate thatthe region suffered from a severe loss in its working agepopulation from 1995 to 2005.

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