Questions
How does international trade increase welfare for consumers according to a monopolistic competition model with increasing...

How does international trade increase welfare for consumers according to a monopolistic competition model with increasing returns to scale? And what trade pattern can this model successfully explain?

In: Economics

Under a monopolistic competition model with increasing returns to scale, how would equilibrium differ when the...

Under a monopolistic competition model with increasing returns to scale, how would equilibrium differ when the different varieties are closer substitutes for each other compared to when the varieties are not as close substitutes? Explain

In: Economics

How does a situation in which the central bank targets the domestic interest rate differ from...

How does a situation in which the central bank targets the domestic interest rate differ from one in which capital mobility is perfect, so that the domestic interest rate is pinned down by uncovered interest parity?

In: Economics

Write a review for the article below Minimum Wages and Employment: A Case Study of the...

Write a review for the article below

Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania (CarD and Krueger)

In: Economics

To what extent the output decision making under oligopolistic market structure is interdependent, but not independent?

To what extent the output decision making under oligopolistic market structure is interdependent, but not independent?

In: Economics

If a returns-to-scale industry has a minimum point at 1 million and the market is 500...

  1. If a returns-to-scale industry has a minimum point at 1 million and the market is 500 thousand, how many firms are likely to be in the market? (2)
  1. If a returns-to-scale industry has a minimum point at 1 million, and the market is 3 million, how many firms are likely to be in the market? (2)

In: Economics

In your own words, write a short business report (400-500 words) about Alibaba Group business model.

In your own words, write a short business report (400-500 words) about Alibaba Group business model.

In: Economics

According to Coase, the existence of firm is an effective means of minimizing transaction costs. Therefore,...

  1. According to Coase, the existence of firm is an effective means of minimizing transaction costs. Therefore, do you agree that the larger the firm, the lower of the transaction cost?
  2. What factors determine the cartel formation?

In: Economics

What are the potential challenges '5-Hour Energy' faces in the future?

What are the potential challenges '5-Hour Energy' faces in the future?

In: Economics

BASF engages in a wide range of environmental protection and sustainability initiatives, including membership in the...

BASF engages in a wide range of environmental protection and sustainability initiatives, including membership in the voluntary Responsible Care initiative for chemical companies. Dig Deeper : Conduct some exploratory research on these initiatives at BASF, and write a short essay or make an oral in-class presentation on your findings.

In: Economics

Write a short business report (400-500 words) about Alibaba Group business model.

Write a short business report (400-500 words) about Alibaba Group business model.

In: Economics

Write a short business report (400-500 words) about Alibaba Group sources of revenue and their profit...

Write a short business report (400-500 words) about Alibaba Group sources of revenue and their profit for the past 3 years.

In: Economics

why is the internet indispensable for the world and its economy?

why is the internet indispensable for the world and its economy?

In: Economics

Comment on this statement: “People care about real interest rates, not nominalrates. Therefore, money demand should...

Comment on this statement: “People care about real interest rates, not nominalrates. Therefore, money demand should depend on the difference between the realrates on money and bonds, not the nominal rate on bonds."

In: Economics

Define the natural rate of unemployment in terms of wage-setting and price-setting relations. Write the equation...

  1. Define the natural rate of unemployment in terms of wage-setting and price-setting relations. Write the equation that expresses the natural rate of unemployment in terms of these relations. Using an appropriate diagram, explain the effect of a decrease in unemployment benefits on the natural rate of unemployment.
  1. a) What is the shape of the aggregate supply (AS) curve if:
    1. Nominal wages and prices are flexible and competitively determined?
    2. Nominal wages are downwardly rigid?

b) What is the importance of the slope of the AS curve from the standpoint of
stabilization policy?

In: Economics