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Why do firms in an oligopolistic industry have an incentive to collude? What are the factors that will influence the success or failure of their collusive efforts?
Assume that the economy starts in steady state. According to the Solow growth model, how would each of the following affect consumption per worker in the long run, Explain?
Suppose perfectly competitive market conditions are characterized by the following inverse demand and inverse supply functions: P = 100 - 5Q and P = 10 + 5Q. The demand curve facing an individual firm operating in this market is:
In a speech in late 2011, President Barack Obama argued that: "Probably the single greatest cause of the financial crisis and this brutal recession has been the housing bubble that burst four years ago. Discuss in 500 words " What did president mea..
The file , an Excel file on the ECON217 website, contains the data you need. Before beginning your analysis, you graph of the data, and decide that there is an increasing trend in the consumption of pork over the relevant time period. The model y..
What determines whether or not resources is scarce? Why is the concept of scarcity important to the definition of economics?
however many critics contended that this sequester measure is only temporary and too small given the 4t us government
Elucidate if you expect the inflation rate to accelerate if the actual unemployment rate declined to a level lower than the "full employment" unemployment rate.
ECO202 –Macroeconomics - What happens to the supply and demand for Australian dollars? Does the dollar appreciate or depreciate? Explain with words
What are the effects on the aggregate demand and aggregate supply curves? What are the effects of taxes and regulations on business formation
1. what percentage of the gross national product is spent on healthcare in the u.s.? 2. identify the key drivers of
Jim was promised a payment of $20,000 in 3 years in exchange for helping to take care of his grandfather now. What is the present value of that payment at 6% interest?
ECON910 - briefly explain how the exchange rate of the AUD is determined in the forex market, and what factors influence fluctuations of it
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