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Assume a market with demand Q = 16p^(--2) that is supplied by a monopoly with costs C(Q) = 6 + Q2/8.
1. Calculate the equilibrium price, output and monopoly profits.
2. What would be the equilibrium if the market was supplied competitively by firms, and each individual firm had the same costs?
Illustrate the policy - Beggar my neighbour 'Beggar my neighbour' policies are government policies which attempt to gain a competitive benefit at the expense of other countries
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What are the key components in the costs of health care services?
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ihave real gdp per capita for all countries in world .. how can i calculate world real gdp per capita by using the data.
I will need to upload a file as the questions are bit too long to type
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