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Problem
1. What are the main assumptions of perfect competition?
2. In a monopoly, if a firm fixes the price, what determines the amount supplied?
3. Imperfect competition can be divided into three submarkets. What are they?
A student makes the following argument: A price floor reduces the amount of a product that consumers buy because it keeps the price above the competitive.
Assume that someone told you that an increase in price of DVD players caused the decrease in demand for DVDs. Is this what you would predict? Why or why not?
Studio 1 and Studio 2 are movie producers. They have the option of producing either a romance or a suspense film. If they both produce a romance film, they make $900m in profit. If they both produce a suspense film
What is the incumbent's marginal cost function for a given capacity? Derive the incumbent's marginal revenue function. For k1 = 5, what is the incumbent's best-response function?
Determine which of the following nations would you expect to have intertemporal production possibilities biased toward current consumption goods,
Provide a three to five page proposal summarizing purpose and benefit of chosen security software to the executive management team.
ECO/561- In your report, discuss how the trends in the Effective Federal Funds Rate compare with trends in inflation. If you took out a loan to pay for your "big-ticket" purchase, what was the interest rate on your loan?
Conduct additional research on your topic/problem of interest to further understand the ethical and legal considerations you must address for a paper that is publishable.
What will be the long-run equilibrium price now - In the long-run will the number of firms in the market increase or decrease?
Two banks have lent $20million each to a country in an Emerging Market. Bank A has total assets of $220 million and a capital to total assets ratio of 7 percent. Bank B has total assets of $350 million and a capital to total assets ratio of 6 perc..
Assess the conflict and describe two appropriate intervention strategies. Objectively evaluate the applicability of mediation as a dispute resolution process.
What flaws might exist in your calculations, and what variables could lead to different outcomes? What actions could you take ensure you reach your target goal?
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