Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Economics


Home >> Microeconomics

Suppose that you are in the business of providing cat grooming services and you are a member of an association who has proposed legislation anybody wanting to offer cat grooming services would have to pay for extensive training and pass a series of tests developed by the association. Would you support this if you are already a member and providing this service? If you were a dog grooming business and you wanted to start cat grooming business would you oppose this legislation?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9689320

Have any Question?


Related Questions in Microeconomics

Question in a perfectly competitive market demand is qd 32

Question: In a perfectly competitive market, demand is QD = 32 - 1.5P and supply is QS = -20 + 2.5P. Find equilibrium price and quantity and producer and consumer benefits. Say an innovation then lowers every seller's ma ...

Question suppose that iny 2 ilondon 6 xa -1 and rp 2

Question: Suppose that i_NY = 2%, i_London = 6%, xa = -1%, and RP = 2%, where i_NY (i_London) denotes the interest rate in New York (London), xa denotes the expected appreciation of the foreign currency (i.e., the pound) ...

Question professor xavier is creating a budget for his

Question: Professor Xavier is creating a budget for his recently awarded 9-year research grant. His research requires machinery that has an initial cost of $49993. He will need to pay for maintenance on the machinery beg ...

Question describe how the government should set up

Question: Describe how the government should set up monopolists price to ensure allocatice efficiency. What is the problem with setting the price at this level? The response must be typed, single spaced, must be in times ...

Question suppose that there are two industries and two

Question: Suppose that there are two industries and two consumers. Each industry uses both capital K and labor L in the production process, and each produces a different good, X in one and Y in the other. Consumers get u ...

Question india and china have roughly the same size

Question: India and China have roughly the same size population, and although per capita GDP in China is probably somewhat larger, the difference is not very great. Labor costs are lower in India than in China, and in sp ...

Quesiton in the spring of 2003 two professors from a couple

Quesiton: In the spring of 2003, two professors from a couple of New York universities were allowed examine the filings of those companies that had complied with the filing requirement. They wanted to know which and how ...

Question consider a consumer whose preferences can be

Question: Consider a consumer whose preferences can be represented by the utility function u(x, y) = x + y (a) Originally, px = 1, py = 2 and m = 1. What bundle does the consumer choose, and what is his utility from this ...

If the elasticity of demand for cigarettes is 075 and the

If the elasticity of demand for cigarettes is 0.75 and the elasticity of supply for cigarettes is 1.25, then a 5% decrease in the demand for cigarettes would cause the price of cigarettes to: decrease by 2.5%.increase by ...

Question why might you expect to see flat royalty payments

Question: Why might you expect to see flat royalty payments in home-based franchises but revenue-based royalties in franchisees that operate from commercial buildings? a. Is your explanation consistent with the fact that ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

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

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

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 1150 payment made in ten

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

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved