Assume Haiti and Antigua are the only two countries that produce and consume fish and sugar. In a single year, Haiti can catch 50 tons of fish or produce 500 bags of sugar. In the same growing season, Antigua can catch 50 tons of fish or produce 750 bags of sugar. When the two countries begin trading fish for sugar, we expect the price of fish in Haiti:

What should be Brasil Foods' goals for growth and what are your recommendations for achieving these goals both domestically and internationally? Consider the opportunities for growth as well as challenges/hurdles for growth.

How does the market for lemons relate to the health insurance market?

A. What is the CARES Act, when was it passed, and what body was responsible for passing it?

B. Research one fiscal policy action included in the CARES Act. First, explain which curve(s) is/are expected to shift in the short run as a result of this action and why? Second, do you expect the action to have any effect on the long-run growth prospects of the economy? (Limit your answer to ~100 words)

Write a short essay based on current states of the US economy. Use one paragraph describing Fed's action, use one paragraph describing fiscal policy, and use at least one additional paragraph commenting on the potential effects of these policies using AS/AD framework.

do not copy others.

In the market for "home heating" consumers typically have several options (e.g., electricity, heating fuel, natural gas, propane, etc.), yet we often think of firms in this industry as behaving like monopolists. Discuss the context in which your electricity provider is a monopolist. Is this characterization universally applicable? Explain your answer.

Explain how a profit-maximizing monopolist chooses its level of output and the price of its goods.

Even when allowed to collude, firms in an oligopoly may choose to cheat on their agreements with the rest of the cartel. Why? Same thing happens in the Prisoners Dilemma.

What effect does the number of firms in an oligopoly have on the characteristics of the market?

Does the phenomenon of externalities strengthen the argument that we should rely upon the “invisible hand” of the marketplace, or does it weaken that argument?

Sheryl sits on her patio and plays her guitar while her neighbors are outside. Sheryl neither pays nor receives any compensation for playing her guitar. Under what condition does her guitar-playing give rise to a positive externality?

To produce honey, beekeepers place hives of bees in the fields of farmers. As bees gather nectar, they pollinate the crops in the fields, which increases the yields of these fields at no additional cost to the farmer. What might be a reasonable private solution to this externality, and how might the solution be reached?

What was the George W. Bush administration’s rationale for the invasion of Iraq in March 2003? Make sure to provide specific details and some kind of time line.

Should Governments always intervene to correct market failures? Justify and explain your answer, with reference to two types of market failure. (500 words minimum)

UNIX is a powerful multiuser operating system designed for use with servers. UNIX’s popularity has grown since it was developed by Bell Labs in 1969, as Internet usage has expanded dramatically. More recently, however, a branded version of another operating system has become available. This product, called Red Hat Linux, is a potential replacement for UNIX and other well-known operating systems.

1. Discuss the characteristics of this market and how they affect the conditions for entry. What uncertainties might Red Hat face upon entry?

2. Discuss actions that UNIX might take to deter entry, if it is not blockaded.

3. Discuss what you would recommend as a pricing strategy for Red Hat and why you recommend it.

1) Show the classical view of minimum wage graphically and explain what is being shown (in detail with an example)

2) Show the "so-called" exploitation (i.e new monopsonistic) view of minimum wage graphically and explain what is being shown (in detail with an example).

compare and contrast the American and Chinese economies in terms of using global, ethical, political, physical, and societal indicators.

Does the size and growth of the economies of the two nations have any relationship to capitalism and democracy?

What is the impact of the Internet on the two national economies?

How do these nations define capitalism in relation to national political policies?

Is there a relationship between economic growth and personal freedom with the two nations?

Q1) A monopolist will choose to increase output when

Group of answer choices

at the present level of output, marginal revenue exceeds marginal cost.

market price increases.

the demand curve shifts to the left.

at all levels of output, marginal cost increases.

Q2) The deadweight loss that arises from a monopoly is a consequence of the fact that the monopoly

Group of answer choices

earns positive profits.

price is the same as average revenue.

price equals marginal revenue.

quantity is lower than the socially-optimal quantity.

Q3) The concert promoters of a heavy-metal band, WeR2Loud, know that there are two types of concert-goers: die-hard fans and casual fans. For a particular WeR2Loud concert, there are 1,000 die-hard fans who will pay $150 for a ticket and 500 casual fans who will pay $50 for a ticket. There are 1,500 seats available at the concert venue. Suppose the cost of putting on the concert is $50,000, which includes the cost of the band, lighting, security, etc.

Refer to Scenario 15-6. How much additional profit can the concert promoters earn by charging each customer their willingness to pay relative to charging a flat price of $150 per ticket?

Group of answer choices

$100,000

$50,000

$25,000

$75,000