1.What will happen to the price in this market in the long run?
Draw a graph of the entire market (all firms versus all consumers)
to illustrate why this happens.
a.What are the characteristics of a competitive market?
b. With the market back at market equilibrium, what is the
consumer response given that a single firm raises its price above
the equilibrium price?
c.If a firm finds out that there are a lot of consumers willing
to buy the good...
1.What will happen to the price in a competitive market in the
long run? Draw a graph of the entire market (all firms versus all
consumers) to illustrate why this happens.
a.What are the characteristics of a competitive market?
b. With the market back at market equilibrium, what is the
consumer response given that a single firm raises its price above
the equilibrium price?
c.If a firm finds out that there are a lot of consumers willing
to buy the...
Assume there is a fish market in your town. What would happen to
the market and its price & quantity if the following scenario
happens. (Sketch DD & SS curves to
explain)
a)
An enhanced robot selling fish & folks
realized chicken prices are cheaper now
.b)
Thunderstorms hit your town &
people are getting income bonuses from the
government.
Draw a graph illustrating what would happen to the labor supply
and to the equilibrium wage in a monopsony market facing a binding
minimum wage. Detail whether these quantities would increase or
decrease and highlight on your graph the new MC curve.
A. What would happen in the options market if the
price of an American call were
less than the value Max (0, S0 − X)? Would your answer differ if
the option were
European? Explain.
B. Critique the following statement made by an options investor in
American call
option: “My call option is very deep in-the-money. I don’t see how
it can go any
higher. I think I should exercise it.”
C. Why do higher interest rates lead to higher...
b) Explain, with the aid of a diagram, what would happen to
the market for High School education if there is a decrease in the
population. Indicate the effect on the equilibrium price and
quantity.
1045 Steel (quenched specimen)
Draw a picture of what you think the microstructure would look
like and label the constituents (martensite, ferrite, cementite or
whatever you expect to find in this quenched specimen). Include the
figure number.
Question 1
What would happen in the options market if the price of an
American call were less than the value Max (0, S0 − X)? Would your
answer differ if the option were European? Explain.
Critique the following statement made by an options investor in
American call option: “My call option is very deep in-the-money. I
don’t see how it can go any higher. I think I should exercise it.”
Why do higher interest rates lead to higher call...
Consider the market for coffee. For each of the following
scenarios, what would happen to total revenue after the price
increases? Place each scenario in the correct category.
Items (5 items) (Drag and drop into the appropriate area
below)
Coffee drinkers say there is no substitute.
Coffee drinkers decide to save their money for alcohol on
Friday nights.
Leaf rust damages one-third of the world's coffee crop.
Brazil has a drought.
Coffee drinkers discover a flavor of tea that tastes...
Draw a picture for what it means for a crystal lattice to be fcc,
bcc, or hcp. Which is spatially least efficient; i.e. which pacts
the least atoms per volume of the three?