Answer and Breif explantion

Q: Some more practice on solving games and strategic thinking. Consider the following one-snot…

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Q: e) Make a graph with the CFT, CVT and CT. On the back it describes what the graphed curves mean f)…

A: Before making the graphs for parts e and f, we need to calculate the following table as you must…

Q: B. Consider a firm who sells output at p=10 and has a short run production function Q(L)=20L-L². Its…

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Q: d. Analyze this firm's position in terms of shut down condition. Should this firm operate or…

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Q: 2. How, in Glaeser's view, are cities our best invention?

A: Innovation:- The effective implementation of new and creative ideas, known as innovation, is vital…

Q: Suppose that the demand for toy drums is described by the equation Qp = 300 - 5p, and supply is Qs =…

A: Equilibrium condition is that condition where Demand is equal to supply. In this demand and supply…

Q: Frictional unemployment is the result of the search process of matching workers with jobs. O a…

A: A person is said to be unemployed if he/she is willing to work but doesn't have a job and actively…

Q: d. For each of the first 50 units, does MR exceed MC? (Click to select) Is MR > MC for units 51 and…

A: Marginal revenue measures the change in total revenue due sale of an extra unit of output.  Marginal…

Q: Quantity Total Cost 0 20 2 15. 3 T 5 Which bescribes our situation when quantity = 1? OEconomies of…

A: Economies of scale is when the increase in output decreases the long run average cost.Diseconomies…

Q: 1. Given the following information: Total Product (TP) 0 1 2 3 4 5 6 Price Fixed Cost (TFC) $6000…

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Q: Explain the features of Oligopoly and cartels using suitable example.

A: An Oligopolistic market is a structure where two or more firms have complete control of the market.…

Q: Question 1 a. With the aid of a diagram explain how a monopolist determines how much output to…

A: We’ll answer the first question only (c) due to policy. Please submit a new question specifying the…

Q: A monopolistic competitor has the following information about cost and demand. Quantity Price ($)…

A: Since you have posted multiple questions, we will provide the solution to only the first question as…

Q: 9.) Havel signed a listing agreement with a real estate agent. The commission rate is 4% on the…

A: Answer: Given, Commission rate on the first $200,000 of the selling price = 4% Commission rate on…

Q: Excessive usage of polyethene bags is damaging the environment of Bangladesh. Discuss the different…

A: GIVEN   Excessive usage of polyethene baggage an damaging the surroundings of Bangladesh

Q: Use the graph of the market for cigarettes to answer the following questions. According to the…

A: A tax is a compulsory financial charge or levy imposed by the government on individuals, businesses,…

Q: 3. Kroger store decides to run a price promotion for apple pies. Through market research, they…

A: Price elasticity measures the percentage change in quantity due to percentage change in price.…

Q: Rad Designs sells two kinds of sweatshirts that compete with one another. Their demand functions are…

A: We are going to solve this question using tow variable optimisation method.

Q: f. Calculate the revenue before the price drop. Calculate the revenue after the price drop Is the…

A: Firms use the price elasticity of demand to modify their demand elasticity. If the demand for the…

Q: Assume an interest rate of 5%. What is the maximum amount an individual would be willing to give up…

A: Interest rate = 5% Amount = $1 Time period = 30 years

Q: Given Q = AK" LP; Qo = 2,000, A = 100, a = 0.6, p = 0.8, w = 50, r = 80 A. Does this production…

A: The technical relationship b/w the quantities of physical inputs and quantities of products output…

Q: In a Şweezy Oligopoly (Kinked-demand) model, price stability can exist without collusion in an…

A: d. In a sweezy oligopoly market structure the key feature is rigidity of prices.

Q: g. Now suppose that firm is faced with the same problem as in (e and f) except that firm has a fixed…

A: Given: Production function: Q=K1/2L1/2 Price of K (R)=$8 Price of L (W)=$2

Q: IMF loan condition and challenges in Bangladesh. Please write this in 1500 word. Also include the…

A: This paper explores the International Monetary Fund (IMF) loan conditions imposed on Bangladesh and…

Q: Consider the fóllowing data. Assuming these are the only products produced and consumed in the…

A: Note:- Since we can only answer up to three subparts we will answer the first three. Please repost…

Q: 1. Mutations of the Phillips curve Suppose that the Phillips curve is given by 7, = n; +0.1– 2u,

A: Phillips Curve is referred to as a theory which states that there is an inverse relationship between…

Q: e. What will be the rate of return earned by most firms in the industry in long-run equilibrium? 8 *…

A: Perfect competition is a market structure in which there are large number of buyers and sellers for…

Q: 1 Water retention. A farmer has the option to add water retention agents into the soil before…

A: Provided information Two types of cropping pattern Without water retention agents in soil With water…

Q: Question 3 Mrs. Griffiths earns $5000 a week and spends her entire income on dresses and handbags,…

A: A perfect complement is a good that must be consumed with another good. The indifference curve of a…

Q: . Describe and explain the transitive assumption . Describe and explain the difference between…

A: Transitivity assumption: Transitivity is that the idea that if an individual prefers A to B and B to…

Q: If the cost function of Example 4 is changed to C = 20 + 15Q + Q (a) Find the new marginal-cost…

A: Hi, according to the guidelines we are allowed to answer only 1 question with 3 sub parts in a…

Q: Trade missions are organized by government trade specialists. O True O False

A: Globalization is the relationship between different parts of the world. Globalization results in the…

Q: 13. Describe the features of monopolistic competition: a. How is it similar to monopoly? b. How is…

A: Market refers to the place where buyers and sellers interact each others and exchange the goods in…

Q: Q7. Jamal has Budget of $50 and he needs two goods (Milk and Movie) to live. The price of a bottle…

A: Utility is the measure that represents the satisfaction level of a consumer. It is influenced and…

Q: Nabil is considering buying a house while he is at university. The house costs $200 000 today.…

A: Given Information Initial Cost = 200,000Salvage Value = 210,000Time (n) = 12 * 5 years = 60…