1) Discuss the main features of oligopoly market.   please provide detailed answer

Q: Define privatization in 30 to 40 words. The definition should be strong and in your own words. Thank...

A: Privatization is an important concept in the global scenario.

Q: 2. More on Bertrand There are two firms in the market, A and B, producing the same output. Market de...

A: Given information Market Demand function Y=17-P Both firms are producing same output P<=17 Total ...

Q: This refers to the percentage that allows the investors to be compensated for any loss in purchasing...

A: Inflation premium refers to adjustment in the real interest rate for the loss of potential purchasin...

Q: 7. At what price would there be a shortage of 800 video games?

A: We will answer the first question since the exact one was not specified. Please submit a new questio...

Q: Analyze whether the following statements based on the 3 components in deriving the AS curve are true...

A: False Even if the economy would rise and there is a rise in the aggregate demand and supply, then it...

Q: If external economies of scale determine the location of tradable industries? Please explain.

A: Economies of scale refer to the fact that the more units a company produces, the less each unit cost...

Q: There are only two views of advertising: informative and persuasive.

A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new que...

Q: Part 1 Consider the following game between two early settlers in the United States: Settler 2 Move W...

A: Here, the given payoff matrix shows the game between 2 early settlers of United States in deciding w...

Q: what do you think about NFTs in the market, is there and need for them? And what are some concerns r...

A: Non-fungible token(NFT): The item can be considered as non-fungible when the particular item cannot ...

Q: For a certain good, when the good's price falls from $12 to $10, its quantity demanded rises from 10...

A: Price elasticity of demand = %age change in QD / %age change in Price  

Q: 18 Calcurate the least square regression líne equation with the given X and Y values. Consider the v...

A: X Y X2 XY 60 3.1 3600 186 61 3.6 3721 219.6 62 3.8 3844 235.6 63 4 3969 252 65 4.1 4225 26...

Q: Determine if the statements are true or false. Justify your answer. 1. In a Stackelberg duopoly, in ...

A: There are different forms of market under duopoly system, such as stackelberg duopoly, cournot duopo...

Q: In its 2021 Budget, the Canadian federal government estimated that for the fiscal year 2021-22, its ...

A: In the fiscal year 2021-22 canadian deficit would be less than half of what it was in the fiscal yea...

Q: The competitive firm's long-run supply curve is that portion of the marginal cost curve that lies ab...

A: A perfectly competitive firm's short-run supply curve is that portion of the marginal cost curve tha...

Q: 1.Why the aging process can generate problems to the pension system?

A: A pension plan basically refers an employee benefit in which the company agrees to contribute monthl...

Q: wns a house that is worth $100,000. There is a 0.1% chance that the house will be ly destroyed by fi...

A: We have, House worth is $100,000 Destroy chance by fire = 0.1% u(x) = x x = wealth   

Q: You are the manager of a firm that uses only labor and capital to produce your product. Assume you h...

A: Optimal input bundle would be when the following condition holds,Marginal product of labor / wage ra...

Q: CLASSES OF GAMES Consider the following game in strategic form. bị b2 b3 a1 7,7 4,8 1,9 a2 8,4 5,5 2...

A: When each individual follows their own self-interest, the outcome is worse than if they had both col...

Q: A country puts in a quota limitation on the importation of cherries into their country. Cherries imp...

A: Hi! thanks for the question but as per the guidelines we can answer only three sub-parts at one time...

Q: 3. How much do you need to deposit today (P) to withdraw BD25,000 at n=1, BD3,000 at n= 2, and BD5,0...

A: Given amount to withdraw in year 1 = 25000 Year 2 = 3000 Year 4 = 5000 Interest rate = 10 %    

Q: Farmer Jones grows apples. The average total cost and marginal cost of growing apples for an individ...

A: A perfectly competitive firm is a price taker as there are many firms producing identical goods  

Q: 1. Emily recently graduated with a B.A. in economics and was offered a job with a small but growing ...

A: Given: Emily's earning is = $38,400 per year Emily inherited = $60,000 The interest per year = 5% He...

Q: As the case of the refined petroleum market, MBp=90-0.3Q, MCp=30+0.1Q, marginal profit=60-0.4Q, marg...

A: Negative Externality is the coat of society because it reduces the wellbeing of society such as poll...

Q: A diet for a sick person must contain at least 4,000 units of vitamins, 50 units of minerals and 1,4...

A: Introduction:

Q: Question 2 What do the findings of the World Economic Forum study show? O Reducing gender inequality...

A: The forum that engages business, political, and other social leaders for shaping regional, global, a...

Q: How do you expect future oil prices to  behave? Please justify your response.

A: The economies around the globe are involved in various economic and financial activities. The econom...

Q: The cost-effectiveness frontier (CEF) shows the subset of treatment strategies which are not dominat...

A: In economics, the cost-effectiveness frontier refers to the graphical representation of cost and ben...

Q: -Question Completion Status: Market for Herring 15 So 8 Sworld + tariff Sworld Do 250 750 1670 3000 ...

A: A country becomes an importer when world price is less than domestic equilibrium price because quant...

Q: 5. ) In industries with exogenous sunk costs, industry concentration decreaseses and apporaches zero...

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any sp...

Q: Write a short note on Foreign Exchange Regulation Act of US 1983?

A: Answer: Introduction: Under this Act's Section twenty nine specifically addressed MNC operations in ...

Q: 2. There are three student canteens serving different types of foods located at the campus. Table be...

A: When  per unit cost of production is decreasing known as Economies of scale. When it is minimum and ...

Q: 33) In a competitive market that is characterized by free entry and exit, what will be the result? ...

A: The market where there tend to exist many producers that tend to compete in order to provide consume...

Q: Multiple choice - microeconomics 45) Refer to Figure 13-2. What does the changing slope of the to...

A: 44) In short run, there is at least one fixed input and some variable inputs but in the long run, th...

Q: Valles Galactic Industries is Equipment is financing some equipment purchases. They anticipate a lif...

A: The present value of an annuity basically refers to the amount of money required to cover a series o...

Q: The smartphone producer controls the privacy settings on the smartphone. The smartphone producer cho...

A: Since the question you have posted consists of multiple parts, we will answer the first two parts fo...

Q: What is Microeconomics? What is the price elasticity of demand? What are the various methods of comp...

A: Economics is a study that has a broader scope and includes all the factors that affect the economic/...

Q: Below are historical data on the price level and weekly U.S. earnings from 1960 to 2020. Calculate r...

A: Please find the answer below.

Q: small a small open economy, illustrate how a fiscal expansion (such as an increase in government spe...

A: Fiscal Expansion is defined as the government spending is higher than their revenue, this condition ...

Q: P1.  Let’s assume there are only 2 countries that produce 2 good.  More specifically, suppose that t...

A: Given: The US can produce 40 units of Wine with 1 unit of productive resources and 40 units of Cloth...

Q: Derive the relationship between MPL and MC algebraically. Why is this relationship critical to showi...

A: When one additional unit of labour (in most situations, one additional employee) is added to a compa...

Q: Due to he learning effect it gets harder to produce each new product. Select one: True False

A: The learning effect describes the process through which education boosts productivity and raises wag...

Q: In the COMPLEX AD/AS model assume actual real GDP is $19.2 trillion, the price level (GDP Deflator) ...

A: In the AD-AS model, equilibrium occurs at the intersection of AD and AS curves.

Q: 35) What is the firm’s efficient scale?  A. the quantity of output that minimizes average total cos...

A: (35)  A firm's efficient scale implies the production of output such that it minimizes the average t...

Q: When an optimistic approach to concurrency control is applied, it is common for transactions to take...

A: Concurrency control Concurrency control is the practice of coordinating transactions that are being ...

Q: TRISTAN WALKER is the founder of Walker & Company, which makes health and beauty products for people...

A: On got some information about the best guidance he at any point got he referenced: Actor and maker T...

Q: Which best describes producer surplus? O a. The profits made by a firm O b. The difference between t...

A: "As per the guidelines answer is provide to the first question":  "Producer surplus indicates the di...

Q: A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. Ther...

A: We have: Total soldered connections = 400 The cost of soldering a connection on the enameled wire = ...

Q: 1. Welfare analysis: Basic concepts Identify whether each of the following statements best illustrat...

A: Consumer surplus refers to the difference between consumer’ willingness to pay and the actual price ...

Q: 7. When there is one scarce resource, the product that should be produced first is the product with ...

A: Scarce resource is the one that has a very limited amount of quantity available to use for consumpti...

Q: Consider a Cournot equilibrium where each of the (n) firms faces a constant marginal cost of (m), th...

A: Given information Cournot demand curve P=a-bQ lets take 2 firm Q=q1+q2 Marginal cost=C