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Q1. Illustrate what will happen to the equilibrium quantity also price of a product in a competitive marketplace when the increase in demand exactly offsets the decrease in supply?
Q2. suppose that 2 airlines are Cournot duopolists serve the Peoria-Dubuque route also the demand curve for tickets every day is Q = 220 - 2p (so p = 110 - Q/2 ). Total costs of running a flight on this route are 1,400 + 20q, where q is the number of passengers on the flight. Every flight has a capacity of 80 passengers. In Cournot equilibrium, every duopolist will run one flight every day also will make a daily profit of: a)$400 b)$800 c)$220 d)$700 e)$3000.
Any goods from all should be of higher demand than supply; the other good should show higher supply than demand.
Demonstrate by example about production which exhibits constant returns to scale.
It comes to global expansion and setting up affiliates aboard, how is a service company's focus different from that of a manufacturing company
Each station's objective is to maximize its viewing audience, in order to maximize the station advertising revenue.
Bud has very limited store space and has decided to limit his product line to one brand of beer, choosing to forego the snack food lines that normally accompany his business.
The expansion will cost $60 million and will be financed with $40 million in new debt initially with a constant debt equity ratio maintained thereafter.
Pretentious that yields for each stock are around generally distributed, with which investment strategy do you have the smallest chance of losing money?
How would equal educational achievement and equal income.
Compare and contrast inflation and deflation. What are some of the damaging effects that each has on an economy.
The benefit of cutting down a forest is $1 million now. the environmental cost of that harvest is $10/year forever.
Compute most favorable output also profit for each firm and the market price. Also, compute the resulting profit of cartel.
Find out the optimal price-quantity if the firm can price discriminate but cannot charge a two part tariff.
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