Questions
Discuss Rees’ Spillover Effect, and outline the specific assumptions he makes in order to achieve his...

Discuss Rees’ Spillover Effect, and outline the specific assumptions he makes in order to achieve his results. Use diagrams where necessary.

In: Economics

.  Suppose a monopoly faces inverse market demand P = 600 – 0.01Q, and that the firm’s...

.  Suppose a monopoly faces inverse market demand P = 600 – 0.01Q, and that the firm’s total cost curve is C = 2,500,000 + 10Q + 0.015Q2.

  1. Find the firm’s profit-maximizing price and output PM, QMand sketch the equilibrium.  
  2. Find the firm’s ATC formula.  What is the ATC at the output level you found in part a?
  3. Add the ATC to your graph and indicate the firm’s profit.  What is the total profit?
  4. What is the per unit profit at QM?  Explain why it does not make sense to produce more output when the average cost is so far below the price at QM.
  5. Find the firm’s Lerner index at PM, QM. What does the number tell you?
  6. Suppose the government levies an 8% tax on profits.  Does this tax alter the monopoly’s price-output choice? Explain why or why not.

In: Economics

This is a Global Economic question. how trade policies and economic variables are impacting worldwide operations...

This is a Global Economic question. how trade policies and economic variables are impacting worldwide operations from a tactical and strategic perspective and base on that evaluation how to make economic predictions and recommendations for an organization to proceed in future.

In: Economics

Sample questions for Econ 3308-W 2020 8.if there’s a health care lesson from Europe, it’s that...

Sample questions for Econ 3308-W 2020

8.if there’s a health care lesson from Europe, it’s that we can and should have a much broader scope of public health coverage in Canada. Evidence shows that we can have a more just, equitable and comprehensive universal health care system that costs less and provides higher quality care for all. Comment.

In: Economics

Sample questions for Econ 3308-W 2020 3. To be effective, a national drug policy should be...

Sample questions for Econ 3308-W 2020

3. To be effective, a national drug policy should be affordable, accessible, sustainable, and transparent. In your opinion, what obstacles prevent Canada from achieving these goals? What solutions do you recommend to minimize the effects of these obstacles?

In: Economics

Explain the difference between the practice of advertising and the practice of public relations. Find an...

Explain the difference between the practice of advertising and the practice of public relations. Find an example of an ad that delivers sales and one that creates a public positive attitude. (If possible, find examples from the same company).

In: Economics

Sample questions for Econ 3308-W 2020. 15. According to the latest data, there are approximately 7.3...

Sample questions for Econ 3308-W 2020.

15. According to the latest data, there are approximately 7.3 million obese adults and more than 600,000 obese school-aged children in Canada. Prevalence estimates based on waist circumference are even worse as 37% of adults and 13% of youth are abdominally obese. Obesity therefore, creates a large burden on Canada’s health cost and the economy. Comment.

In: Economics

Suppose you want to analyze the level of foreign aid that Canada gives to developing countries...

Suppose you want to analyze the level of foreign aid that Canada gives to developing countries each year. You are told that Canada’s aid depends on the population of these countries, their level of poverty, and how good governance is in these countries (measured by absence of corruption, etc.) Indicating your notation, write this information:

i) As a general function.

ii) As a linear function.

iii) Comment on the likely sign of the coefficients in your linear function. (Note: your mark will depend heavily on the quality of your explanation. So be sure to be clear; explain your line of reasoning.)

In: Economics

Assume that you are on the collective bargaining panel discussing the wage talks representing the employers....

Assume that you are on the collective bargaining panel discussing the wage talks representing the employers. What are some points you will use to defend the employers on why an increase of the wages above the inflation rate should be turned down as it is detrimental to the economy?

In: Economics

Discuss how issues related to the spread of the corona virus is affecting the following variables...

Discuss how issues related to the spread of the corona virus is affecting the following variables within your country.

a.         Unemployment

b.        Consumer demand

c.         Government spending

In: Economics

What aspect of company’s financial statements do bank examine carefully Please explain carefully

What aspect of company’s financial statements do bank examine carefully

Please explain carefully

In: Economics

The European Union (EU) has always been touted as a prime example of a successful economic...

The European Union (EU) has always been touted as a prime example of a successful economic union. However, many persons started questioning the strength of the EU after the UK left earlier this year. Assume that you are an advisor to the committee that deals with the Caribbean Single Market and Economy (CSME) and that some members of the committee are having doubts about the success of the CSME based on what is happening with the EU. Presents a case for the Caribbean to still try to make the CSME a reality.

In: Economics

Economics history question: (just need 2-3 sentences per question thanks). The First Great Wave of Globalization:...

Economics history question: (just need 2-3 sentences per question thanks).

The First Great Wave of Globalization: Migration

a. What are three factors affecting the decision to emigrate?

b. How did the composition or origins of immigrants to the US change over time?

c. Why were immigrants “instant adults” in the US?

d. Were immigrants substitutes or complements to American workers?

In: Economics

Discuss TWO benefits the UK probably experienced as a result using their own currency.

Discuss TWO benefits the UK probably experienced as a result using their own currency.

In: Economics

why do you think COVID-19 DOES NOT reverse globalization? Give 4 reasons

why do you think COVID-19 DOES NOT reverse globalization? Give 4 reasons

In: Economics