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Amazon now gets directly into the manufacturers and managers their online and logistics retailing. This gives them a larger warehouse footprint and thus expands the number of products they will offe
Discuss why is there so much advertising in monopolistic competition and oligopoly? Explain how does such advertising help consumers and promote efficiency? Why might it be excessive at times?
Discuss why do oligopolies exist? Provide the list of five or six oligopolists whose products you own or regularly purchase. Discuss what distinguishes oligopoly from monopolistic competition?
Discuss what might be the opportunity cost for $35 billion? Could taxpayers receive other goods or services instead of bailouts such as education, medical research or jobs?
In china multinationals operating has been setting up factories deep in the interior in search of reasonable labor. For companies exporting to Europe shipping by air is too expensive.
Discuss the change in the infant mortality rate (IMR) in the United States since 1960. Do you think the IMR is too high in the United States? Why?
An investor buys the $500,000 of shares of stock in a diversified bundle of Bio-tech firms and exactly one year later sells those shares for $530,000.
Assume that 5 units of input are required to form 1 unit of output and that the input mine is located the 40 kilometers away from the market. Moreover, per kilometer output transportation cost is $1
Assume that there are n bidders participating in a First Price Auction. Each bid- der's private valuation is independently drawn from the interval [0, 1] according to the distribution with cdf F(x)
Governments subsidies the price of petrol for its citizens in a number of countries around the world. Using microeconomic theories discuss and show the pros and cons of such a policy.
Assume Jean Splicer, an investor, buys $500,000 of shares of stock in a diversified bundle of Bio-tech firms and exactly one year later sells those shares for $530,000.
A company purchases a piece of manufacturing equipment for rental purposes. Expenses are estimated to be 2,000 annually. The purchase price is 75,000 and there is a salvage value of 10,000.
Discuss how well do punches of market satisfy properties of ideal money (portable, durable, divisible, uniform quantity, stable value, low opportunity cost)?
Determine how many franchises should CC award given that it determines the prices the stall holders can charge and that it will have a profit-sharing royalty scheme with the stall holders?
Discuss the main issue that confounds attempts to distinguish empirically among these two theories draw some of the attempts that have been made to distinguish between these two theories, making sur
The SGM has failed with respect to the prediction that "poorer countries will eventually converge to the same income-per-capita levels of richer countries" as we have seen in class.
Find out the efficient outcome. Suppose the fishermen have property right to no Pollution (and the property right is protected by compensatory damages)
Assume that the population of a certain class of mutual funds has an average rate of return of 8.0% with a standard deviation of 3.0%. If a sample size of 35 mutual funds is randomly selected, answe
Identify the level of output at which AVC and MC are minimum, and prove that the AVC and MC curves are U-shaped.
Estimate the consumer surplus, the tax revenue, the producer surplus and the dead weight loss. Determine the share of the tax paid by the consumer and the one paid by the producer.
Determine the relationship among net exports, budget deficits and savings nexus. Discuss why capital flows liberalizations precondition for the "emergence" of emerging markets?
Determine the basic objectives of monetary policy? Comment on the cause-effect chain through which monetary policy is made effective. Calculate the major strengths of monetary policy?
What is the new radius of the factory's market area? Now suppose the factory develops an innovation that allows it to produce a shirt for the equivalent of 1 loaf of bread.
Consider an open economy with flexible exchange rates. Flexible exchange rates and foreign macroeconomic policy. Let UIP stand for the uncovered interest parity condition In an IS-LM-UIP diagram.