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Which of the following signals to firm owners that scarce resources might be better allocated to a different industry?
Fewer government regulations in that other industry
Profits in that other industry
Better availability of labor in that other industry
Cheaper cost of capital in that other industry
Elucidate the Total Cost also the firm total profits. If the above monopolist were to behave like a perfectly competitive firm (operating in the long run), determine its output.
Consider the following simple model with investment and government spending exogenous:
Saudi Arabia has a competitive advantage in the production of crude oil over the United States. Indonesia has a competitive advantage in the production of Nikes over the United States. Do you agree or disagree with these statements? Why? Explain the ..
What is the discount rate in the banking system? Explain how the Fed manipulates this rate to achieve macroeconomic objectives.
Elucidate its advantages and disadvantages and suggest appropriate policy prescriptions to deal with the potential shortcomings.
How might it be possible for the unemployment rate to still increase? Provide an example, i.e., provide a scenario with numbers, to support your answer
Suppose the nation of Sugarland consists of 50,000 households, 10 of whom are sugar producers. Arguing that the sugar industry is vital to the national economy, sugar producers propose an import tariff. The loss in consumer surplus due to the tariff ..
q1. rex has determined that demand for his product is given by q180-5p and cost equation given by c75.3q. determine the
Citizens can protect themselves in the case of robberies or harm by using these guns. Other states do not allow citizens to carry handguns
q. consider a market for an electronic component used in airport radar systems. two firms hold a patent on the
q1. consider a market where supply and demand are given by qxs -14 px and qxd 82 - 2px. suppose the government
Briefly state basic characteristics of pure competition, pure monopoly, monopolistic competition and oligopoly. Under which of se market classifications does each of following most accurately fit.
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