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Think about a firm that you have done business with recently. What industry does this firm belong to? For example, McDonald's is a firm in the fast food industry. What market structure would this industry fall under? What are the names of other firms in this industry? Is it monopolistic competition, oligopoly, monopoly, or perfect competition? Justify your classification of the firm. Use the characteristics/features of the different market structure to determine which market structure to classify your chosen firm.
Illustrate what risks do you face. Upon inquiry at your bank, you find that the forward price for a September contract to buy dollars is 10SKr per dollar. How might you hedge your exchange-rate risk for the first year.
Why might bad cars drive good cars out of the used-car market. Give at least two possible solutions to resolve this paradox.
q.1. as per concepts of production function indicate whether each of the following statements is true or false.
What would happen to the amount of economic investment made today if firms expected the future returns to such investment to be very low.
he perfectly competitive form maximizes profits by producing 10 units of output. At what price does it sell these units.
What would you expect to be the effect on interest rates if the Fed held the money supply constant.
Explain what will happen in the countries to which the immigrants return to potential GDP, employment, and the real wage rate.
How will each of the following affect the supply for insurance?
Draw indifference curves reflecting the following statements:
q1. game theory colonel blotto has three partitions through which to defend 2 mountain passes. his challenger also has
The two firms have the same demand curve P=100-4Q, Marginal cost of Firm 1 is 5 and for firm 2 is 10.
According to the Congressional Budget Office estimates, output was 2.9% below potential output in the 4th quarter of 2014. The unemployment rate was 5.7%. What was the implied natural rate of unemployment?
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