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"If an unregulated monopolist is obtaining only a normal profit in the long run, it must not be operating at the lowest point on its long-run average cost curve." Do you agree? Why?
An economy is in long-run macroeconomic equilibrium when each of the following aggregate demand shocks occurs. What kind of gap-inflationary or recessionary-will the economy face after the shock, and what type of fiscal policies would help move the e..
one of the most important skills to learn in managerial economics is the ability to identify a good business.1- discuss
1. a firm has the following production functionq lk.the firm wants to produce a target output level of q200. the
How much will firm 1 earn if it convinces the mayor to decrease the medallion fee by $40,000 (F = – $40) so that the medallion fee is entirely eliminated?
you are a monopolist producing widgets for simplicity assume that you produce themat zero cost and maximizing your own
hi ltbrgt ltbrgti need this small assignment completed by today the latest. i am willing to pay a little bit more so
Determine how global competition impacts FORD. Should the organization/industry continue, expand, or reduce current operations in order to maximize profits? Explain your reasoning.
explain dont just mention what happens to the federal funds rate the borrowed monetary base i.e. discount loans and the
Describe benefit and cost externalities. List the reasons for lack of optimal allocation of resources in each case. Explain the need for government intervention in case of market failure due to externalities. Explain why government intervention may n..
An analysis of budget line items, costs, sources of revenue, and deficits
using the chart below complete 1 and 2 below.pricenbspquantityper
A benevolent social planner would prefer that the output of good x be decreased from its current level if, at the current level of output of good x,
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