Q1. Would you expect firms in a tight oligopoly market reap higher profits than firms in a loose oligopoly market? Would it matter if the markets were contestable?
Q2. Suppose that you currently have $2000 deposited in a savings account that earns 1.25% interest. Around, how several years must you wait before you have $4000?
Q3. In which year would you suppose a crop share lease to be cheaper compared to a cash lease?