Which models predicts price stability in oligopoly

Assignment Help Macroeconomics
Reference no: EM13218521

Consider cartel pricing, the price leadership model, and the kinked demand curve model. Which of these three models predicts price stability in oligopoly and which predict price instability, that is, unpredictable ups and downs in the level of prices in the industry? Explain

Reference no: EM13218521

Questions Cloud

Find the maximum value of ldb : If power Ps=10W, power gain factor G1=150, and power gain G2=14 dB, find the maximum value of LdB (path loss in dB) such that the power delivered to the resistor is -85 dBm.
Find the average value of the function : A generator provides the following voltage signal: v(t) = 2 + 3 sin(100pi) + 4 cos(250pi). Find the average value of the function. Note: pi = 3.1416 in this equation.
Problems of overtime and truck waiting occur at ncc : Why did the problems of overtime and truck waiting occur at NCC only recently and why did increasing the capacity of the holding bins not help solve the problem of truck waiting to any great extent?
What is the likely impact of the two events on food prices : "In late 2006 and early 2007, orange crops in Florida were smaller than expected, and the crop in California was put in a deep freeze by an Arctic cold front. As a result, the production of oranges was severely reduced. In addition, in early 2007,..
Which models predicts price stability in oligopoly : Consider cartel pricing, the price leadership model, and the kinked demand curve model. Which of these three models predicts price stability in oligopoly and which predict price instability, that is, unpredictable ups and downs in the level of pri..
How a monopoly decides how much to change : explain in words, and use a graph to illustrate, how a Monopoly decides how much to change and how much to produce. Include Marginal Cost, Marginal Revenue, Demand, Average Total Cost, and Profit. Assume the Monopoly is a Natural Monopoly and draw..
Identify the project strengths : Your response should identify the challenge areas and provide actions that the project's management team should have undertaken to prevent the situation. As part of the review, identify the project's strengths .
Compute each producers total cost and average total cost : Price Quantity Demanded $ 1 1,200 pies 2 1,100 3 1,000 4 900 5 800 6 700 7 600 8 500 9 400 10 300 11 200 12 100 13 0 Each producer in the market has fixed costs of $9 and the following marginal cost. Quantity Marginal Cost 1 pie $ 2 2 4 3 6 4 8 5 ..
Find the magnitude of the load reflection coefficient : Using a slotted line, the voltage on a lossless transmission line was found to have a maximum magnitude of 1.5 V and a minimum magnitude of 0.6 V. Find the magnitude of the load's reflection coefficient 'Omega'.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Economic and opportunity cost

You must select between sports training or working full time. If you choose sports training, you will have less of a social life. You will also pay $20,000 A year for training, but you will get $15,00 grant.

  What is the margin of error for a confidence interval

The average cost per person for crashes in the Tampa, Florida, area was reported to be $1599. Suppose this average cost was based on a sample of 39 persons who had been involved in car crashes and that the population standard deviation is ? = $700..

  Calculate company debt ratio

Green sister has a dso of twenty days. The firm average daily sales are $20,000. What is the level of its accounts receivable? Suppose there are 365 days in a year.

  Illustrate circumstances under which this would be true

A recent editorial advocated a cut in the payroll tax, with the argument that such a tax cut would "stimulate employment, since employers shoulder half the burden of the tax." Use a graph to illustrate circumstances under which this would and woul..

  Describing how production changes with cost

You are a manager of a large but privately held online retailer that currently uses 17 unskilled workers and 6 semiskilled workers at its warehouse to box and ship the products it sells online.

  Computing onset of diminishing marginal product

The number of repairs manufactured by a computer repair shop depends on the number of employees as follows:

  Suppose that the money market is initially in equilibrium

Suppose that the money market is initially in equilibrium for an economy. Explain with the aid of a diagram how the market adjusts to.

  Theory of market structures

Which type of firm faces the most elastic demand curve? In which of market structures are firms able to earn both accounting and economic profits in the long run?

  Draw the short run phillips curve

What is the growth rate of nominal GDP in the economy?An adverse supply shock raises the inflation rate associated with every output ratio by 3 percentage points. Draw the new short-run Phillips Curve.

  Five sources of growth and methods

Identify and describe the five sources of growth? Mention and explain four categories (types) of policies designed to promote growth.

  Illustrate what are the major types of transactions

Illustrate what are the major types of transactions or activities that result in demand for foreign currency in the spot foreign exchange market.

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd