Show graphically a case where increasing the number of firms can speed up the arrival of...

Show graphically a case where increasing the number of firms can speed up the arrival of innovation. Show a case where it can slow the arrival of innovation down. What is the key difference in terms of firm level incentives from adding additional firms in each scenario?

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Rahul Sunny answered 2 years ago

5. (14 marks) In the increasing returns to scale model, where firms can differ in terms...

5. In the increasing returns to scale model, where firms can differ in terms of their marginal cost of production, a) Explain how you would expect opening up to trade to affect the cutoff marginal cost. Explain also which firms win and which firms lose, specifically making reference to a diagram with the demand curve (and any changes to it) to help you explain your points. b) Suppose that the rise of Chinese import competition leads to an increase in...

6. Consider a case where a country can produce Good X and Good Y, using increasing...

6. Consider a case where a country can produce Good X and Good Y, using increasing cost technology. The internal price of Good Y for the country is 1. The world price of Good Y is 2. Draw a graph with Good X on the horizontal axis and show the country (i) with no trade and (ii) optimally trading. Be sure to correctly draw the indifference curves and label all the curves, lines, and axes of your graph. a) What...

Which of the following is NOT a method used by firms to speed up cash collection?...

Which of the following is NOT a method used by firms to speed up cash collection? Question 5 options: Using lockboxes to collect payments. Move funds to the primary bank using electronic depository transfer. Use wire transfers. Use remote disbursement, that is third parties pay Accounts Payable.

Make up a case where molecular biology can be used to prosecute a suspect accused of...

Make up a case where molecular biology can be used to prosecute a suspect accused of growing and selling marijuana. How would molecular biology be used? What evidence or results would be needed to convict the suspect?

Graphically derive the hedonic model. Using this derivation, show the case of a worker who chooses...

Graphically derive the hedonic model. Using this derivation, show the case of a worker who chooses a high wage and high risk and one that chooses a low wage-risk combination. Why would this be so? Can OSHA help the first worker? Discuss cases where it can, and those where it cannot.

Graphically demonstrate Fisher’s Seperation Theorem and provide a full analysis for the case where an individual...

Graphically demonstrate Fisher’s Seperation Theorem and provide a full analysis for the case where an individual ends up lending in the financial markets

(a) Show that the quantity 1 ε0 μ0 has the dimension of speed, where ε0 is...

(a) Show that the quantity 1 ε0 μ0 has the dimension of speed, where ε0 is vacuum permittivity and μ0 is vacuum permeability. (b) Explain how each constant is important for electricity or magnetism, and what does it mean in practical terms that one is small and the other one is large? (c) Compare the numerical value of 1 ε0 μ0 with the speed of light.

The requirements that (most) firms provide health insurance to workers can be thought of as increasing...

The requirements that (most) firms provide health insurance to workers can be thought of as increasing the costs of labor. What kinds of industries will be more likely to respond with large decreases in employment in response to these rules? How will the response be different in the short versus long run? Consider the Hicks-Marshall laws in your answer.

A zinc ion in the active site of an enzyme can speed up the reaction by:...

A zinc ion in the active site of an enzyme can speed up the reaction by: A. Making a bound water molecule a more powerful nucleophile by drawing electron density toward itself and facilitating deprotonation of the water B. Orienting substrates for reaction C. Stabilizing an anionic intermediate D. All of these E. None of these The role of serine at the active site of serine proteases is to act as a ___ catalyst, while the histidine residue serves as...

Show that the worst-case and average-case time complexities for the number of assignments of records performed...

Show that the worst-case and average-case time complexities for the number of assignments of records performed by the Exchange Sort algorithm (Algorithm 1.3) are given by W(n) = 3n(n-1)/2 ≈ n2/2 and A(n) = 3n(n-1)/4 ≈ n2/4

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