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Suppose a monopolist faces a demand equation given by P=20-Q, and MC=AVC=ATC=$6.What is the profit -maximizing price for the monopolist?
Some believe that the federal government has much influence on the country's economy when implementing fiscal and monetary policies. Do you agree that this is true? Why?
Suppose a manager is interested in implementing third-degree price discrimination.The manager knows that the price elasticity of demand for Group 1 is -2 and the price elasticity of demand for Group 2 is -1.2.
Branding Iron Products a specialty steel fabricator operates a plant in the town of West Star, Texas. The Town has grown rapidly because of recent discoveries of oil and gas in the area. Many of the new residents have expressed concern at the amount ..
Elucidate foreign demand for dollars as well as the international value of the dollar.
Describe how finance developed in Europe. What were some of the religious impediments to its development and how were they circumvented?
Chinese government switches from a strategy of investment-led growth to domestic market based growth on consumption expenditure. Do you agree with the above statement?
While there are many arguments both for and against this view, some find the following argument to be most persuasive of all: "The laws of supply and demand indicate that higher cigarette prices are ineffective in reducing smoking.
Suppose that the government increases taxes and government purchases by equal amounts. What happens to the interest rate and investment in response to this balanced-budget change Does your answer depend on the marginal propensity to consume
Given table of data comprising real GDP and its components over a number of years, compute compound annual percentage changes in real GDP (economic growth) and compute the shares in real GDP of consumption.
Solve for the intertemporal consumptions that maximize utility. Illustrateyour results using a carefullty labelled diagram. What is theutility level of the agent at the optimum. Explain why this is likeconsuming a cake on a desert island.
Explain if you are traveling to Europe in six months and you believe the Euro is going to appreciate against the American dollar, list two ways you could hedge this situation and protect yourself against the appreciation.
Explain are there any present events in the news that you can directly link to concepts or theories covered so far.
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