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Q. Explain how and why a monopoly would try to price discriminate. Serving food on weekdays to businesspeople and retired people.
Q. Illustrate what are the fours upply factors of economic grwoth? what is the demand factor? What is the efficiency factor?
Elucidate what does this imply about the use of monetary and fiscal policy over the business cycle.
At the current price level, would it be viable for the firm to increase the price level of its brand of coffee. Support your answer.
Assumes the perfectly competitive firm is in long-run equilibrium also there is an rise in Demand
Explains vicious cycle of poverty. Explain the difference between the economic growth also economic developments.
Explain how many histories/game tree nodes are there where P2 has to move? P1.
What arguments can be made for charging a lower than the profit-maximizing price. What price from the available prices do you recommend.
What plant size will the firm choose in producing. Draw the firm's long-run average-cost curve on the diagram and define this curve.
Explain terrorist attacks foster instability and may affect productivity over the short and long term.
Do wages clear when the wage equals two. Do we know whether the equilibrium wage is higher or lower than two.
We said that an uncrowned country club golf course has aspects of public good.
What could be done to motivate people to spend more so as to increase aggregate demand and invariably, create employment possibilities.
Prices the selling monopoly charges for TV sets in periods 1 and 2.
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