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Home >> Microeconomics
Economies of Scope
The ability of a organization to decrease its unit costs by producing two or more products or services that involve complementary skills, experience and production services.
Microeconomics, Economics
Question: Define marginal cost and marginal benefit In New State, the bottling law requires that people get a refund of five cents when they return an empty bottle or can. Why does the state pay people to return bottles? ...
Question: Use the spreadsheet on Ricardian equivalence with three periods and assume that - the government spendings are 100, 150 and 150; - households' salary is 300 in each period. Also assume that households preper sm ...
Question: Since we are at full employment, draw a AS-AD graph showing us at full employment. Be sure to label everything. a. Now suppose oil prices double over the next 12 months. Draw and label the impact of the change ...
Question: In a local market, the monthly price of Internet access service decreases from $20 to $10, and the total quantity of monthly accounts across all Internet access providers increases from 80,000 to 180,000 What i ...
Question: Analyze the various factors contributing to poverty and determine which single factor plays the most significant role. Provide a specific example to support your response. Discuss how developed nations contribu ...
Question: If you own 650 shares of Air Line Inc at $42.2, 270 shares of BuyRite at $55.45, and 370 shares of Motor City at $9.4, what are the portfolio weights of each stock? The response must be typed, single spaced, mu ...
Question: Explain how a monopolistically competitive firm obtains its monopolistic status. A monopolistic firm is considering to decrease the price of its product from $15 to $12. According to the available data, the qua ...
Suppose that a worker in Grainland can grow either 40 bushels of corn or 20 bushels of oats per year, and a worker in Farmfields can grow either 20 bushels of corn or 50 bushels of oats per year. There are 200 workers in ...
Question: Explain how it is possible for an economy in the recovery phase of the business cycyle to have a lower GDP and higher unemployment rate than when it was in the recession phase of the business cycle. The respons ...
Question: Why would the Fed choose to keep the funds rate away from equilibrium for extended periods of time? In view of the performance of the economy after this occurred, explain why you would or would not expect the F ...
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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
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As