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Q. Each seller has two types of goods; good A and good B. You and or three sellers can set your price for good A, price for good B and price for bundle that consists of goods A + B. Notice that ways and computer interface are colour coded and make use of fact that yellow and blue make green. You do not incur any cost to produce goods you sell and thus your profit equals selling price if you make a sell. Or three sellers do not have any costs either. If I am selling, who is buying?
Using the specific-factors model, elucidate why you might expect to see certain capital owners and labor groups arguing against expanding trade in a capital-abundant country.
Elucidate what does either player have a dominant strategy. Explain is there Nash equilibrium in this game.
Compute the CV and EV associated with this price increase. how would you interpret these.
Assume that marginal utility of good A is 4 times the marginal utility of good b. The firm can compute all points on its total cost curve if it knows.
illustrate what is the minimum range within which the sample average failure rate must be found to justify with 95% confidence the advertised failure rate of 0.5%.
Challenge of any merger that raises the HHI by 100+ points in a market where the HHI is above 1800 before the merger.
Elucidate why relatively flat as opposite relatively steep worker demand curves are more consistent with the empirical observation.
Illustrate what is the product maximizing level of output for this producer. Will the producer make a positive profit at this level of output.
An industry consists of three firms with sales of $200,000, $500,000, and $400,000. Compute the Herfindahl-Hirschman index.
Elucidate why liberals have traditionally endorsed national authority.
Illustrate the effects of monetary policies on the economy's production and employment.
Does Zara experience disadvantages from its "fast-fashion" allocation system. Are these disadvantages offset by the advantages.
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