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Among perfect competition, monopolistic competition, oligopoly, and monopoly,
how would you classify the markets for each of the following drinks ? Tap water Bottled water Cola Beer
Microeconomics, Economics
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Question: 1. In January 2009, Congress passed a major stimulus bill. The bill increased federal spending over several years; in 2010, stimulus spending was $385 trillion, or about 2 percent of GDP. According to the Offic ...
Question: Write a short essay of about 750 words each on the following topics: What are the common defenses of protectionism? Evaluate them. Explain Coase Theorem and show how it works with examples. How does Mancur olso ...
Quesiton: As we come to the end of this course, I would like you to reflect on last eight weeks and compare what you knew about our economic system at the beginning and what you know now. What are your major takeaways an ...
Question - a. A price-discriminating monopolist serves two markets: young professionals and university students. The demand curve of the young professionals for this product is q 1 = 100 + 40p 1 - p 1 2 and the demand cu ...
Question: Very time we have to make a choice we are faced with an opportunity cost. Using an example in your professional life, identify a situation where you were presented with a choice, the opportunity cost of the cho ...
Question: Given recent trends, what are the near-term prospects for the U.S. economy, and how simulative or restrictive do you expect economic policy (both monetary and fiscal) to be over (say) the next 12 months, and ho ...
Question: What economic factors would affect a firm's desire to enter and exit a market? What are the market signals that would tell a firm that it is profitable to enter or exit? If possible, use a real-world example fr ...
Question: You are a manager for a firm in an industry where prices have been flat for the past several years. The rate of inflation now rises from 2% to 4%, but the FOMC does not immediately boost the funds rate. Is this ...
Question: What is a just society? Which of the three theories of economic justice discussed in Chapter Three (utilitarian, libertarian, or Rawls's theory) do you feel would best create such a society? Why have you select ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
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