4. EFG Manufacturing has a product that sells for $15 per unit, and the marginal cost is $5.00.

a. Compute the Lerner index for EFG Manufacturing.

b. If this index indicates market power, under what condition(s) will this market power last in the long-run? Explain.

Explain the difference deemed appropriate for government intervention in addressing the state of the economy between Keynesian and Classical theorists. Do they have a sharply different perspective on the role of the government and if so what are the positions of each group regarding using government intervention to affect the state of the economy.

Were the actions taken thus far by the federal government to address the dire impact of Covid19 on the state of the economy more Keynesian or Classical in principle? What is your personal opinion as to the actions that have been, and will be, taken by the federal government to address the state of the economy?

you are the curator of a museum. the museum is running short of funds, so you decided to increase revenue. should you increase or decrease the price of admission? explain

Find a current event on a social issue. .

Summarize the article and right your thoughts and opinions on the article. Minimum 1 page tyepd.

note : your paper will submit on 'turnitin'

Using the aggregate demand and aggregate supply model, explain what changes occurred during the Great Depression in the 30’s.

i need one or two pages of this paper.

What are the current events for your social issue

note: this paper are going to put in 'turnitin'

thats mean less coppy and paste would be great

Suppose that consumers become pessimistic about the future health of the economy. What will happen to aggregate demand and to output? Show this using AD/AS graphs. What might the president and Congress have to do to keep output stable?

Jamal views hamburgers and hamburger buns as perfect complements in his consumption, and the corners of his indifference curves follow the 45-degree line. Suppose the price of hamburgers is $10 per package (6 hamburgers ), the price of buns is $3 per package (8 hamburger buns), and Jamal's budget is $50 per month. What is his optimal choice under this scenario?    

What are the three responsibilities the federal reserve domestic scale holds and three the federal reserve international scale holds?

1.    Here are two statements, each of which may be true or false.

I Production requires at least two factors of production (inputs).

II       In the short run, all factors of production are fixed.

Choose the correct option from the list below.

A      Neither statement is true.

B       Only I is true.

C       Only II is true.

D      Both statements are true.

2.         A sunk cost is a cost that once incurred can

A      always be recovered

B       never be recovered

C       sometimes be recovered

3.    Consider the short run. Which statement below is TRUE?

A      Average fixed cost falls as output increases.

B       Average fixed cost rises as output increases.

4.        The short-run supply curve of a competitive firm is the

A          average variable cost curve above the short-run marginal cost curve

B          marginal cost curve above the short-run average variable cost curve

5.        The short-run supply curve of a competitive industry is the

A          horizontal sum of the short-run supply curves of all competitive firms

B          vertical sum of the short-run supply curves of all competitive firms

6.    An increasing cost industry has a supply curve that is

A      downward-sloping

B       flat

C       upward-sloping

Questions 7-8. A firm operating under conditions of competition is a price taker in the market for its product (and also in the market for its inputs), whereas a monopolist is a price searcher in the market for its product (and likely but not necessarily in the market for its inputs).

7.    Here are two statements, either of which may be true or false.

I A price taker never makes more than normal profit in the short run.

II       A price taker never makes more than normal profit in the long run.

Choose the correct option from the list below.

A      Neither statement is true.

B       Only I is true.

C       Only II is true.

D      Both statements are true.

8.    Here are two statements, either of which may be true or false.

I A price searcher always makes more than normal profit in the short run.

II       A price searcher always makes more than normal profit in the long run.

Choose the correct option from the list below.

A      Neither statement is true.

B       Only I is true.

C       Only II is true.

D      Both statements are true.

9.    Here are four statements, each of which may be true or false.

I           The output of a monopoly is always less than that which would prevail if the industry were organized competitively.

II          If economies of scale were possible, the output of a monopoly might sometimes be greater than that which would prevail if the industry were organized competitively.

III        If perfect price discrimination were possible, the output of a monopoly might sometimes be greater than that which would prevail if the industry were organized competitively.

IV        The output of a monopoly is always greater than that which would prevail if the industry were organized competitively.

Choose the correct option from the list below.

A      Only I is true.

B       Only II is true.

C       Only III is true.

D      II and III are true, but I and IV are false.

E       Only IV is true.

10. The difference between tying and bundling is that

A      bundled goods are sold one to one and tied goods are sold one to many.

B       tied goods are sold one to one and bundled goods are sold one to many.

1.    Which statement below is FALSE?

A         A monopoly faces a downward-sloping demand curve for the good that it sells.

B          A single-price monopoly cannot sell further units of the good without cutting the price.

C          Total revenue is maximized where marginal revenue is zero.

D         In the short run, a single-price monopoly maximizes profit where average cost equals average revenue.

E          In the long run, a single-price monopoly seeking to maximize profit would exit the industry if average total cost were to exceed price.

2.    Which statement below is FALSE?

A         In the case of a monopoly, marginal revenue is less than price at each level of output.

B          In the case of a monopoly, marginal revenue rises as output increases.

C          Ceteris paribus, a single-price monopoly charges a higher price than if it were organized as a competitive industry.

D         Ceteris paribus, a single-price monopoly sells a lower output than if it were organized as a competitive industry.

3.         Which statement below is FALSE?

A         Ceteris paribus, a single-price monopoly sells a lower output than if it were organized as a competitive industry.

B          If the scope for price discrimination were sufficiently great, a monopoly might have a higher output than would occur if it were organized as a competitive industry.

C          If economies of scale were sufficiently great, a monopoly might have a higher output than if it were a competitive industry.

4.    Which statement is FALSE?

A         A monopoly faces a falling demand curve for the good that it sells.

B          A monopoly can never make a loss.

C          A single-price monopoly can sell another unit only by cutting the price.

D         A monopoly faces a marginal revenue curve that is below the demand curve that it faces.

E          A single-price monopoly charges a price that exceeds the marginal revenue obtained through the sale of the last unit.

5.         Which of the following is NOT a necessary condition for price discrimination?

A         A seller who faces a downward-sloping demand curve for the good that she sells.

B          A seller who can charge each customer a different price.

C          A seller who can identify people with different price elasticities of demand.

D         A seller who can separate these people into different groups.

E          A seller who can prevent resale of the good by members of one group to members of another.

6.    Which is NOT an example of price discrimination?

A         A seller charging two different prices for a good with the difference in price entirely explained by the difference in the cost of supply.

B          A seller charging the same price for a good in two different markets where costs of supply differ between the two markets.

C          A doctor charging different prices to different patients.

D         Simultaneous publication of cloth and paperback editions of a book.

E       Showing a movie on broadcast TV several years after its first run in movie theaters.

7.    Which statement below is TRUE?

A      Successful price discrimination necessarily increases output.

B       Successful price discrimination necessarily increases consumer welfare.

C       Successful price discrimination necessarily increases profit for the seller.

D      Successful price discrimination necessarily raises prices for everyone.

E       Successful price discrimination necessarily lowers prices for everyone.

8.         Tying and bundling both involve selling two or more goods. Which business practice always pairs complements?

A         tying

B          bundling

What are some key steps to consider when creating a social responsibility marketing plan for a new brand?

The following information is known about a company: its operating assets the current year, 2019, are $700 million and are expected to grow at a rate of 12% per year through 2022. Its operating liabilities are $430 million in 2019 and are expected to grow at a rate of 8% per year through 2022. Its after-tax operating income in 2019 is $30 million and is expected to grow at a rate of 14% per year through 2022. The firm's cost of capital is 8%. There are 14 million shares outstanding. Common stockholders' equity at the end of 2019 is $100 million. Residual operating income is expected to continue to grow at a rate of 7% per year after 2022. If the company's stock price currently trades at a value of $25.00 a share, what is your recommendation and why?