Gdp problems, 1.       Why does inflation make nominal GDP a poor measure o...

1.       Why does inflation make nominal GDP a poor measure of the increase in total production from one to the next? How does the U.S' BEA deal with the problem inflation causes w

Oligopoly, stackelberg,bertnart,cournet about oligopoly

stackelberg,bertnart,cournet about oligopoly

Fundamental economy problem., how a capitalist system solves the three fund...

how a capitalist system solves the three fundamental economic problems

Cross Price elasticity,

How change in the exchange rate affect the domestic economy, How might a ch...

How might a change in the exchange rate affect the domestic economy of the country? A change in the exchange rate - ceteris paribus - will alter relative prices between trading

Short answers, explain monotanic

explain monotanic

Divisional structure, Divisional Str ucture Some organizations...

Divisional Str ucture Some organizations run as a number of divide, autonomous business units, synchronized by a central headquarters. This is a divisional structure.

Illustrate clearly the concept of dummy variable trap, Problem: (a) Co...

Problem: (a) Consider the Classical Linear Regression Model (CLRM) Y i = α + βX i + ε i (i) Using the method of ordinary least squares (OLS), derive an expression for

Marginal revenue, Marginal Revenue, Marginal Cost & Profit Maximization ...

Marginal Revenue, Marginal Cost & Profit Maximization * Determining profit maximizing level of output - Profit (π ) = Total Revenue - Total Cost - Total Revenue (R) = Pq

Functions of the wto, Functions of the WTO: The WTO performs the follo...

Functions of the WTO: The WTO performs the following functions:   •  It administers through various councils and committees the 29 agreements contained in the final act of