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!
It is very expensive to do the research to invent a new drug, but the cost of producing the drug once it has been invented is only $1 per dose. Assume the inventor has a patent, which creates a monopoly.
a) Draw a diagram showing the monopolist's profit-maximizing price, quantiy, and profits
b) Explain whether the monopolist's equilibrium results in a the socially optimal price and quantity.
c) Would it be a good policy to impose a price ceiling? If so at what level? Explain.
d) Would it be a good policy to eliminate patents, so any firm can produce the drug? Explain
Consider the equation: Y= C(Y-T) + I + G a. Calculate the total differential for this equation. b. Holding I and G constant, derive an expression for the tax multiplier (dY/dT)
I understand the three types of unemployment are: frictional unemployment, seasonal unemployment, and structural unemployment.
Evaluate the validity of using GDP as a measure of economic output. Explain how the consumer price index and GDP work together to measure price index change from year to year.
Use hypothetical numbers to explain. Information you need to provide include--state the product you are selling, the price of the product, the quantity of the product you produce, fixed costs, total cost, figure out total revenue, total and averag..
While climate change science has advanced considerably in recent years, and evidence of increasing atmospheric carbon is demonstrable, there is yet much unknown about the consequences of anthropogenic carbon emissions. For instance, the effect of ..
What is a consol bond? What is the duration of a consol bond that sells at a yield to maturity of 8 percent? 10percent? 12percent? Would a consol trading at a yield to maturity of 10 percent have a greater duration than
(a) Calculate the expected net cash inflow for investment project A in year 4. Investment project B has a discount factor for a particular year of 0.683 and an expected net present value for that year of £105,865.
Explain whether the evidence above suggests whether the dollar is appreciating or depreciating relative to the Euro. What is your conclusion? Explain how you come to that conclusion.
Estimate the linear trend in the data, and use it to forecast gasoline sales in the United States in each quarter of 1990.
In order to financially stimulate the nation, the Federal government injected $900 billion dollars into the economy. However, the results were less than spectacular. One reason could have been a failure to understand the marginal propensity to co..
An agreement reached with the labour union in which wage increases are tied to productivity increases
Find the new equilibrium real interest rate and the corresponding levels of consumption, investment, national saving, private saving, and government saving. Find the equilibrium real interest rate r . Find the equilibrium levels of consumption, in..
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