Pick a firm from which you purchase goods or services or by which you are employed. Identify the firm’s relevant market structure. Strongly support your answer with theory from class. Be as detailed as possible and expand upon each concept. For example, if the firm is monopolistically competitive, how exactly do they differentiate their product? Or if its in an oligopoly, how does the firm react to its competitors’ actions? These are two limited examples. While you may not address these specific questions, they demonstrate how to contribute to a well-developed post.

HISTORY

in 200 words. Explain the reasons for the Indian Removal policy during the presidency of Andrew Jackson, and describe the Trail of Tears.  

HISTORY

In 200 word answer the following question. What were the causes and outcome of the war of 1812? In what ways were the strained relations with native American nations intertwined with the War?

The market for a product has the following inverse demand and supply functions

Pd = 170 - Qd

Ps    = 20 + 0.5Qs

1. Find the competitive equilibrium and show on a diagram.
2. Find the consumer surplus and producer surplus.
3. Suppose the government gives a per-unit subsidy of $15 to sellers on each unit sold. Find the new equilibrium (quantity traded, consumer and seller prices). Show on your diagram.
4. What is the incidence of the subsidy on consumers and what on suppliers? How can you explain the incidence of the subsidy on consumers and sellers?
5. How much does the government spend on the subsidy? Who gets what?
6. Find the new consumer and producer surplus. Is there a deadweight loss? If so find it.

what the 3 Key issues related to institutional determinant for G7,G8

Question 1 : Answer the following in 3-4 sentences

a. What is the deadweight loss in total surplus when a small country switches from free trade to using a tariff?

b.Think about a small country setting a quota on an imported product. What is an equivalent import tariff of the import quota? What is the meaning of quota rents?

c. How do different methods of allocating an import quota affect a country's total surplus compared to using an equivalent import tariff?

d. Please use a three-panel diagram to explain how international price discrimination can create a persistent dumping.

restrictive convenants of Lululemon such as non- competition , non- solicitation provision.

The current spot exchange rate between the US Dollar and the Yen is 113 (i.e., $1 buys 113 Yen). What is the “fair price” for a 12month forward contract (dollars for yen) if the US borrowing cost is 5% per annum and the investment return on a Yen denominated Certificate of Deposit is 1.0%?  Given the above information, would you purchase a forward contract offered at 105 Yen to the Dollar from your dealer or create a “synthetic forward contract” on your own? Why?

Q13: Using a short, written paragraph that includes relevant economic terminology, explain why AND how the market is affected by the event(s). Be clear and as detailed as possible.

Illustrate each market before and after the event(s) using a single, properly-labelled demand and supply graph. Only one graph is necessary for part d).

Summarize the impacts of the event(s) on the market by completing the table at the end of the question. In each cell of the table, insert one of the following: none, increase, decrease, or unknown.

a) Market: Used clothing

Event: A recession occurs

b) Market: Beer in Colorado, Oregon and Washington

Event: Marijuana is legalized in Colorado, Oregon and Washington

c) Market: Ethanol

Event: The price of sugar declines

d) Market: Blueberries

Events: The price of sawdust increases AND

blueberries are recognized as a superfood

4. The difference between capital goods and material inputs is that:

1. Capital goods are durable; Materials are used up
2. Capital goods become physically part of the output produced; Materials do not
3. Capital goods are machinery; Materials are everything else
4. Capital goods are bough on credit; Materials are paid for in cash

5. The amount of output required for consumption by producers at their customary standard of living, plus the amount required to replace capital depreciation and material inputs, is referred to as:

1. Surplus product
2. Net product
3. Total product
4. Necessary product

7. The amount of output allocated towards the consumption of producers at their customary standard of living, plus the surplus product is referred to as:

1. Net product
2. Necessary product
3. Total product
4. Household product

8. An economic system in which a political elite claims the surplus product by taxing farmers and tenants is know as

1. Independent production
2. Central planning
3. Feudalism
4. Agrarian despotism

3.2 Externalities
Consider the perfectly competitive market for strawberries at the Davis farmers market. The market’s inverse demand curve is p = 600 − 20Q. Firms selling strawberries at the farmers market have marginal cost curve MCP = 20Q. Also assume that, because there is a fixed amount of space at the farmers market, each strawberry sold at the farmers market has negative social cost (less bread stands!), with a cost of space-taking of MCst = 12Q. However, because having stawberries around the farmers market puts buyers in a good mood, there is also a positive externality that strawberry firms receive equal to MBgm = 2Q (MB is marginal benefit).
A. What are the perfectly competitive equilibrium price and quantity in this market?
B. What is the socially optimal equilibrium price and quantity in this market?

C. Please draw this market, including the following curves—demand, private marginal cost, and social marginal cost. Also label the following points—the perfectly competitive equilibrium and the socially optimal equilibrium. Also please label axes and where curves cross axes.
D. What is deadweight loss in this market?

Now suppose the Davis farmers market wants to set a specific tax on this market to ensure the socially optimal level of strawberries.
E. What specific tax should the Davis farmers market set?
Now assume that one farm owned by an ex-chancellor of UCD has bribed the Davis farmers market officials to obtain a monopoly in selling strawberries at the farmers market. Assume the demand and marginal cost curves stay the same.
F. What is the un-regulated monopoly equilibrium in this market in terms of price and quantity?

G. Please draw this market, including the following curves—demand, marginal revenue, private marginal cost, and social marginal cost. Also label the fol- lowing points—the un-regulated monopoly equilibrium and the socially optimal equilibrium. Also please label axes and where curves cross axes.
H. What is deadweight loss in this market?

Suppose again that the Davis farmers market wants to set a specific tax on this market to ensure the socially optimal level of strawberries.
I. What specific tax should the Davis farmers market set in the case of the monopoly?

1. What are the costs and benefits of utilizing quantitative methods and qualitative methods? Which method do you believe is superior?
2. Consider a political phenomenon that you would like to study. Compile a list of a couple research questions and hypotheses that can help you in your study.

M5: Discussion on Households: Consumption-Saving Decision
For this discussion highlight how relevant are households' inter-temporal choices in terms of interest rates, postponing consumption (patience), credit availability, income shocks, and foresight for Walgreens Pharmacy USA.