In: Economics
What do you think are the contributions of small/medium businesses in the Canadian economy? Is there any other profession or field where similar benefits/contributions that might be offered?
In: Economics
[Hint: Use a standard policy brief template]
In: Economics
A monopoly sells good Q in two markets. The demands in these two markets are depicted by the equations, ? = 10 − ? and ? = 18 − 3? . The goods for both markets are supplied from ##$$ the same factory with the marginal cost, $2.
a. (5 points) What is the profit-maximizing price-quantity combination in each market? What is the total profit? Assume a consumer in one market does not have access to the other market, i.e., (s)he can buy the good only in the market (s)he is in.
b. (8 points) Suppose now that the monopoly cannot price discriminate. What is the profit- maximizing price-quantity combination? What is the total profit? Show your answer on a diagram with proper labels. How many units of the good does the monopoly sell in each market?
c. (7 points) Suppose now, for the combined markets in part (b), the monopoly can perfectly price discriminate. What is the profit-maximizing price-quantity combination? What is the total profit?
In: Economics
Describe the key monetary and fiscal tools used by the government and RBA to control the demand of residential and commercial property. Illustrate with relevant examples and comment on the effectiveness of these tools.
In: Economics
What are some different methods through which terrorists can utilize technology to perpetrate a mass attack? Is there a way to prevent this issue, or is technology ever evolving to the point that
In: Economics
What is the “present value” of future returns and how does it relate to the “discount rate”?
How does the discount rate and present value calculation help to explain why young people are more likely to go to college than are older people?
In: Economics
Nowadays, Marketing became a dynamic and strategic domain that all organizations, from different sectors, apply to their businesses. One of the characteristics of modern Marketing is the changing nature of customers and the shifts of their behaviour.
How the previous statement affects the Marketing activities considering the concept “Exchange”.
In: Economics
The concept of economic “goods” is used to explain how different societal needs are met. Explain the concept and give examples that relate to infrastructure.
In: Economics
Find a current event article about some topic from chapter 14. This current event must be no older than 2 months. Here's what to do:
1) find your article
2) under the discussion for chapter 14 post a short summary of your article and explain how it fits in chapter 14 (Chapter 14 is all about global marketing. This chapter goes over some of the strategies used to market your company on a global scale).
Be sure to include your link or article Title so students can go read the article.
In: Economics
Why is it important that national statistics authorities
regularly monitor and change the basket of goods used to measure
the CPI?
In: Economics
In: Economics
As an international observer, how convincing do you think is China's peaceful rise?
500 words please
In: Economics
Suppose that the market demand for expensive steak dinners is given by:
Q = 1,000−10P,
so that the marginal revenue is:
MR = 100−0.2Q,
where Q is the number of steak dinners per day and P is the price of a dinner. The marginal cost and average total cost are both constant and equal to $40 per dinner.
Suppose that there is only one firm in the market.
Suppose that a second firm that produces identical steaks and has identical costs enters the market and acts according to the Cournot oligopoly model.
The equilibrium price is?
The total equilibrium quantity is how many dinners?
Each firm's economic profit is?
In: Economics
How would the stock exchange co-operate with other associations/stockbrokers/ market makers and Stock Exchanges in other countries, such that information is available to facilities for which it might likely be useful, to them or their clients
How would the exchange serve as a barometer of economic activity?
In: Economics