What are the distinguishing features of oligopoly?

Q: How could fiscal policy alleviate the problem? What specific policy changes would be needed?

A: Everything involving public funding or taxes is referred to as fiscal. Fiscal policy refers to how…

Q: In the Keynesian balance of payments model A. The trade balance is not affected by income changes.…

A: Answer: In the Keynesian balance of payments, model import is positively related to income. A rise…

Q: You deposit $100 today, $200 one year from now, and $300 three years from now. How much money will…

A: Cash flow refers to the quantity of cash or cash-equivalent that a corporation gets or expends as…

Q: Q1. The following table is a demand schedule for a particular commodity, between which price range…

A: The law of demand state that as the price increases the quantity demanded decreases and as the price…

Q: True or false A second order control is unrelated to macro level organizational behavior

A: The first derivative with regard to time is the first order of the system. The second derivative…

Q: For a Saturday matinee, adult tickets cost $7.50 and kids under 12 pay only $5.00. If 110 tíckets…

A: Price of adult ticket is $7.5 and kids ticket is $5

Q: Part 1 of a 2-part question: Suppose the market demand and supply curves for "rental housing" are:…

A: Equilibrium is determined whete demand is equals to supply.

Q: Imagine there is a market with the following demand curve and supply curve respectively: p = 16 – Qd…

A: When subsidy is given to consumers, buyers demand more quantity at all prices. This implies demand…

Q: S 2 Price S1 B D2 Quantity Figure 4

A:

Q: Price and cost (dollars) 50 40 30 20 ATC 10 MC MR 10 20 30 40 50 Quantity (thousands of households)…

A: We are going to use monopoly pricing concept to answer this question.

Q: H6. Which of the following transactions should or should not be counted in GDP? Answer why or why…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: Regulating electric utility prices on the basis of a fair rate of return on investment has resulted…

A: When talking about electric utility market, it can be said that it is the market similar to the…

Q: Firm X's strategies 180 rides 60 rides $3,000 $1,000 100 rides $3,000 $6,000 Firm Y's strategies…

A: We have 2×2 matrix game in which each firm has two actions 100 rides and 60 rides.

Q: A BA ERFECT-INFO GAME) Consider the game shown at the right. 2 1 .What is the number of pure…

A: Above question is an example of a sequential game with following sequence -

Q: In Y In Y" = Xu In y In Y =,X, In Y X, X Productive characteristics, X Consider the Oaxaca framework…

A: Given information

Q: Which of the following statements about collusion is true? O In the real world it may be very…

A: When talking about collusion in a market, it is generally the characteristic of oligopoly market…

Q: Explanation it correctly Q)Explain on a table the differences between the two macroeconomic…

A: A multiplier is a numerical coefficient used in economics to demonstrate how a change in total…

Q: Which of the following is an example of a natural monopoly? OA. Ford Motors, the large…

A:

Q: A single-price monopoly transfers economic profit to consumers consumer surplus to producers O…

A: Consumers surplus refers to the area above the price and below the demand curve. Producer surplus is…

Q: One way a monopoly can convert additional consumer surplus into economic profit is to price…

A: Meaning of Market: The term market refers to the situation under which the producers or the…

Q: The graph shows the cost curves, demand curve, and marginal revenue curve of a firm in monopolistic…

A: In monopolistically competitive market, the sellers sell differentiated produces which are close…

Q: Price and cost (dollars per unit) S=MC PI P20 Рз e MR Q2 Q3 Quantity (units per hour) In the above…

A: In a competitive market, firms do not have any control over the market price so price is constant…

Q: Which of the following sequence of events follows an expansionary monetary policy? A) rt =It = ADI…

A: A). An expansionary monetary policy means increasing the money supply in the economy faster than…

Q: Total Revenue Ст Maximum Profit Los Profit Cv Cr D'2 D Volume (Demand) Cost and Revenue

A:

Q: Suppose that Fizzo and Pop Hop are the only two firms that sell orange soda. The following payoff…

A: The correct answer is given in the second step.

Q: Next question Price and cost (dollars per client) 100.00 90.00 MC 80.00 ATC 70.00 60.00 50.00 40.00…

A: In the short run, a monopolistic competitive market is the same as a monopoly market. Under the…

Q: AD/AS model.   Country A is an oil exporting country.   The aggregate demand and supply functions…

A: The question is based on the aggregate demand - aggregate supply model.

Q: PROBLEM NO.1 Compute the PW: $3500 market value productivity attributable to equipment për year…

A: Given: Initial investment=$23500 Interest rate=18% Revenue from year 1 -5=$8500 Market Value=$3500

Q: llustrate how the following would affect the economy equilibrium output using well labelled Keynesi…

A: Goods market is in equilibrium when Aggregate demand and aggregate supply are equal  at certain…

Q: Mariam has a small bakery. She spends 200KD a month to rent a building for his company, 600KD a…

A: Mariam is using  both fixed and varaiable inputs. Where labor is the only available input for her.

Q: ade, the challenger will be depreciated with the straight line method over a 20-year life with an…

A: Given,   Defender  Challenger  Initial cost 65000 70000 Operational cost 15000 9500 Market…

Q: Given a cash flow table as below, determine the NPW if MARR (interes rate) is 10%. Year 2 4 Cash…

A: Here we calculate the value of Net Present Worth by using the given information and choose the…

Q: MBy = 600 – ( Ey / 3 ) Note that these marginal benefit figures can be interpreted as marginal cost…

A: The two marginal benefts are MBX = 1000 - EX/2 MBY = 600 - EY/3 Government regulators want to reduce…

Q: Many schemes for price discrimination involve some cost. For example, discount coupons take up the…

A: monopoly is a market situation where there is only one seller but there are many buyers thus in this…

Q: 11. Suppose there is a duopoly of two identical firms, A and B, facing a market inverse demand of P…

A:

Q: Pizza Hut Total product Labor (workers) (pizzas produced per hour) 1 6. 12 14 15 Using the data in…

A: Evaluating the MP of the labor from TP.

Q: 14. A manufacturer produces certain items at a labor cost of P115 each, material cost of P76 each…

A: Given  Labor cost per item = P115 Material cost per item = P76 Variable cost per item = P2.32 Price…

Q: In the long-run, perfectly competitive firms produce at the point where P = ATC MR = MC P = MC All…

A: A perfectly competitive market is a market structure where there are many buyers and sellers selling…

Q: Q (1) If the total costs function of a particular economic project is as follows: Required: Find the…

A: Given:  Total Cost = 35+40Q

Q: Question 45 TRUE or FALSE. *Each question requires explanations (Max 3 sentences)* A negative…

A: Any form of additional compensation is referred to as a liquidity premium. Compensation required to…

Q: During the Great Recession, the U.S. long-run aggregate supply curve shifted to the left, in part,…

A: Long run supply curve shifted to the left because of increase in taxes in U.S. As a result of…

Q: 10. If the United States changed its laws to allow for the legal sale of a kidney, which of the…

A: The quantity of a product that is sold into the market is referred to as supply.Because it is more…

Q: If we consider ethics in a global scale, what is likely to stay consistent across different cultures…

A: Ethics: It refers to the values or norms that are followed by the people. Ethics help in framing the…

Q: The figure shows the age-earnings profiles for the native born and for immigrants. YSM = years since…

A: Given diagram

Q: Illustrate and fully discuss the derivation of the demand curve for a perfectly competitive firm

A: Perfect Competition Conditions An economic examination of a company's production decisions considers…

Q: verage) and wind up with better prices. Suppose that real estate agents earn a commission eoual to…

A: Commission is service charge evaluated by an agent or speculation consultant for giving venture…

Q: In our one country model of technology growth, y = A(1- γA). Suppose that the country temporarily…

A: Given that; y = A(1- γA). Where  YA is the fraction of labour force in a country that is doing…

Q: Elaborate on the several alternative approaches to address the various challenges facing global food…

A: Food security refers to the condition where all people without any discrimination gets the required…

Q: Question 3 (Market Failure - Externalities) Consider the inverse demand function p = 400 – 2q in a…

A: In economics, a scenario is known as a "market failure" is one in which the supply of commodities…

Q: 3. Total cost is the a. amount a firm receives for the sale of its output. b. fixed cost less…

A: In a market, total cost is associated with the production of goods and services by a firm as it is…