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!
Respond to the following questions:
-You have just been hired by a company as an economist and strategic planner. Your company has asked you to generate a report explaining the consequences of the market structure in which the company operates. Assume that the market structure is an oligopoly. Explain to management how this structure could influence decision making, especially pricing, output, advertising, and the use of resources in an oligopolistic market, as compared to other market structures.
-Outline what the kinked demand curve model of oligopoly seeks to explain. What are the major points of this theory? How does the kinked demand theory of oligopoly differ from other theories in terms of explaining the behavior of companies in an oligopoly? Explain the role of your company if it is considered the dominant company in the industry in terms of price leadership. Suggest and justify whether any other role should be recommended.
-Price discrimination is the practice of charging different customers or groups of customers different prices for the same product. Why does price discrimination occur? Describe the conditions that must be present for price discrimination to occur. Analyze why and how price discrimination is practiced in the following markets:
Airline tickets
Wholesale vs. retail markets
Movie theater tickets
Discount coupons
Justify your choices with valid assumptions and logically driven arguments. Cite any sources using APA format
1. Draw graphs showing a perfectly competitive firm and industry in long run equilibrium.
The null hypothesis regarding a contingency table with 6 rows and 4 columns should be rejected (at 95% confidence) if the test statistic is greater than
q.consider an economy with no production. the economy is endowed with 50 bushels of alfalfa a and 50 bushels of barley
Suppose that inflation is 2 percent, the Federal funds rate is 4 percent, and real GDP falls 2 percent below potential GDP. According to the Taylor rule, in what direction and by how much should the Fed change the real Federal funds rate?
utility refers to the satisfaction or fuzzy glow derived from consumption of goods. utility and usefulness are synonymous (i.e., they have equivalent meanings). a good may yield utility when acquired but not be functionally useful.
When he took over the furniture factory three years ago [the manager] realized almost immediately that it was throwing away at least $100,000 a year worth of wood scrap.
Bernice enjoys snooping, particularly through her neighbor's trash. She sneaks out and grabs the neighbor's trash after they have gone to work but before the trash collector comes. Discuss whether you believe it is legal for Bernice to go through the..
1. what does gross domestic product gdp tell us? how did gdp change from 2008? what caused these changes? what is real
In what ways do you think the behavior of a doctor in Great Britain working for a government owned hospital would differ from comparable doctors in a not-for-profit hospital in the US?
Specifically, in the RIMS II model espoused by the BEA, capital spending in a region induces job creation therein, based off of specific multipliers. Where do these multipliers come from, and what do they mean?
In testing whether the means of two normal populations are equal, summary statistics computed for two independent samples are as follows: Brand X Brand Y n1=20 n2=20 x1 bar 7.30 x2 bar=6.80 s1=1.10 s1=1.15 Assume that the population variances are equ..
A market basket is made up of three goods, 10X, 12Y, and 18Z. The prices in the base year are $1.20, $2.10, and $3.25, respectively. The prices in the current year are $1.44, $2.23, and $3.88. What is the approximate consumer price index in the curre..
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