Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Active Tutors
Asked Questions
Answered Questions
Why do oligopolies exist? list five or six oligopoists whos products are owned or regurlarly purchased. What distinguishes an oligopoly from monopolistic competition.
Describe and outline how fiscal policy can be used to solve a recessionary problem in an economy, along with some their caveats.
The main reason self-confidence is important in human relations is because
When there are competitive formal creditors and a monopolist informal moneylender, what are the interest rates for $250 loan (i250) and $200 loan (i200) by the moneylender?
Who benefits from a tariff or quota? Who loses? What are the positives and negatives of protectionist trade policies on the federal government's part?
Does one firms output decision depend on the output decision of other firms in a long run competitive equilibrium market?
What roles do physical capital, human capital, technology, and natural resources play in influencing long-run economic growth of aggregate output per capita?
For a call option on a non-dividend paying stock, the strike price is $29, the stock price is $30, the risk-free rate is 6% per annum, the volatility is 20% per annum and the time to maturity is 3 m
A monopolist with a straight-line demand curve finds that it can sell two units at $12 each or 12 units at $2 each. Its fixed cost is $20 and its marginal cost is constant at $3 per unit. Draw the
The sequential lending strategy, which Grameen Bank adopted, is considered to have an advantage over the simultaneous lending strategy, in which all group members are given loans at the same time.
Discuss the advantage of group lending as opposed to individual lending. Explain why group lending achieves low default rate in average, while other formal credits do not. Be sure to mention incenti
Should the Fed increase or decrease the money supply? If the Fed uses open-market operations, should it buy or sell government securities?
Given the following total-revenue function: Derive the total, average, and marginal revenue schedules from Q=0 to Q=6 by 1's On the same set of axes, plot the total , average, and marginal-revenue sch
You operate in a duopoly in which you and a rival must simultaneously decide what price to advertise in the weekly newspaper. If you each charge a low price, you each earn zero profits. If you ea
Would you give an example of a microeconomic decision you've made at work or home? Would you give an example of how a macroeconomic phenomenon has impacted a personal or business decision of yours? I
At that point the slope of its demand curve becomes -0.02. f. Determine the new (equilibrium) average price The Blue Dragon charges for its meals. g. Write the equation for this new (zero profit) de
The following equation represents the weekly demand that a local theater faces. Qd = 2000 - 25 P + 2 A, where P represents price and A is the number of weekly advertisements. Presently the theater
Suppose that a large city is investigating the elimination of rent controls on housing at a time when the vacancy rate is extremely low-only 1 percent of all apartments in the city are vacant. Whic
When the economy is at full employment
Draw a diagram showing Tylenol's demand, marginal revenue, and marginal cost curves. Label Tylenol's price and markup over marginal cost.
What does a contractionary gap imply about the actual rate of unemployment relative to the natural rate? What does it imply about the actual price level relative to the expected price level?
Suppose yesterday the euro was trading on the foreign exchange market at $1.36 U.S. and today it is trading at $1.40 U.S. Which of the following is true?
Calculate the change in the level of real GDP demanded for each of the following values of the MPC. Then calculate the change if the government, instead of reducing its purchases, increased autonomo
Submit a 150- to 200-word response comparing Nixon's policies of engagement with foreign policy strategies used during the Cold War.
If the nominal interest rate is 10%, compute the annuity value of job A that makes you indifferent between receiving 250 000 at the end of 5 years or an annuity value. What is the annuity value if t