Q. Compare also contrast the four marketplace models in terms of the profit-maximizing o/p level for every, the shut-down rule for every, the probability of long-run economic profits being earned also their social desirability.
Q. If the government does create this price ceiling law, diagram also explains the effects with provide also demand analysis. If the cable TV company is worried about disgruntling customers, Assume which the company many introduce a different type of programming which is cheaper for the company to provide yet is equally appealing to customers.