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1. Why does the short-run marginal cost curve eventually increase for the typical firm?
2. Describe what locative efficiency is and how it is achieved in pure competition?
3. How does price elasticity affect the price-quantity combination and segment of the demand curve that the monopolist would prefer for price and output?
4. Why is the monopolistic competitor’s demand curve more elastic than a pure monopolist’s, however less elastic than a pure competitor’s? What factors decide the price elasticity of demand for a monopolistic competitor?
design either a survey quantitative - using a likert scale type instrument which has investigators ask questions in a
1. recently the obama administration proposed a 1.00 per unit pack excise tax on cigarettes which would be imposed
The countries in which your company or industry has a major presence.
Many suppliers experience economies of scale as output expands, which implies that long-run average costs are falling. At very high levels of production, however, many firms are likely to experience diseconomies of scale.
Describe the relationship between unemployment and real and nominal wages. Which is more important and why What effects would either an increase or decrease in unemployment have on wages
assume that a firm in a perfectly competitive industry has the following total cost scheduleoutput
economists believe that when two countries specialize and trade each will be able to buy goods in which the other
If Congress wants to use fiscal policy to prevent a recession, suggest whether they should cut taxes if there is a suspicion of a recession, cut taxes when there is confidence that a recession will happen
nuclear plant staffing problem south central utilities has just announced the august 1 opening its second nuclear
Determine how does globalization lead to greater competition in market place? Discuss the implications for market structure in industries opened to global competition?
Derive the Marshallian demand functions and the indirect utility function, and confirm that Roy's identity holds.
How will a substantial increase in demand for housing affect the wages and employment of carpenters, plumbers, and electricians?
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