Questions
Please write your thoughts about the development of foreign trade since the 1980s in Turkey?

Please write your thoughts about the development of foreign trade since the 1980s in Turkey?

In: Economics

3. Suppose the inverse demand for a monopolist’s product is given by P (Q) = 150...

3. Suppose the inverse demand for a monopolist’s product is given by P (Q) = 150 – 3Q

The monopolist can produce output in two plants. The marginal cost of producing in plant 1 is MC1 = 6Q1

While the marginal cost of producing in plant 2 is MC2 = 2Q2 (Kindly answer clearly)

a) How much output should be produced in each plant?

b) What price should be charged?

In: Economics

2. Suppose the demand function for a monopolist’s product is given by P = 300 –...

2. Suppose the demand function for a monopolist’s product is given by P = 300 – 3Q and the cost function is given by C = 1500 + 2Q2 (Kindly answer clearly)

A) Calculate the MC.

B) Calculate the MR.

C) Determine the profit-maximizing price.

D) Determine the profit-maximizing quantity.

E) How much profit will the monopolist make?

F) What is the value of the consumer surplus under monopoly?

G) What is the value of the deadweight loss?

In: Economics

Explain the concept of an economically optimal thinning intensity (percent volume removed) given one thinning age...

  1. Explain the concept of an economically optimal thinning intensity (percent volume removed) given one thinning age y and one rotation age t.

In: Economics

Explain the steps of the scientific method. Explain the use of logic to reach a valid...

  1. Explain the steps of the scientific method.

  2. Explain the use of logic to reach a valid conclusion.

In: Economics

In a small town in France, the demand curve for wine is given by PD =...

In a small town in France, the demand curve for wine is given by PD = 124 - 2QD and the supply curve for wine is given by PS = 4 + 2QS. Suppose a price ceiling is imposed on wine at a price of $50. This will cause a _____________(shortage/surplus) of ______________ bottles of wine.

In: Economics

In a local​ market, the monthly price of Internet access service decreases from ​$3535 to ​$2525​,...

In a local​ market, the monthly price of Internet access service decreases from

​$3535

to

​$2525​,

and the total quantity of monthly accounts across all Internet access providers increases from

80 comma 00080,000

to

180 comma 000180,000.

What is the value price elasticity of​ demand, expressed as a positive​ number?

is it 3.75?

. ​(Round your answer to two decimal​ places.)

The demand is

In: Economics

Consider the topics addressed and the resources presented in this course. Which of these do you...

Consider the topics addressed and the resources presented in this course. Which of these do you believe will be most meaningful to you in your career either now or in the future? Why? What information have you gained that will influence your dissertation research? Explain.

Topics are:

  • Topic 1: Overview of Marketing History and Philosophy

  • Topic 2: Evolution of Marketing Theories

  • Topic 3: Rise of Multinational Marketing

  • Topic 4: Changing Nature of Markets

  • Topic 5: Legal and Ethical Considerations

  • Topic 6: Evolving Organizational Structures

  • Topic 7: Rise of Marketing Departments

  • Topic 8: Emerging Marketing Strategies

In: Economics

When the Gizmo Company could sell a gizmo for​ $10, it produced​ 2,500 per month. More​...

When the Gizmo Company could sell a gizmo for​ $10, it produced​ 2,500 per month. More​ recently, the price of a gizmo has fallen to​ $9 and so Gizmo is only producing​ 2,000 units per month. What is the price elasticity of supply for​ gizmos?

A.

minus−0.47

B.

0.47

C.

minus−2.11

D.

2.11

In: Economics

which of the five marketing management orientations best applies for buffalo wild wing?

which of the five marketing management orientations best applies for buffalo wild wing?

In: Economics

Assume the following set of equations describe the economy of Agriland: Consumption = $100 billion +...

Assume the following set of equations describe the economy of Agriland:

Consumption = $100 billion + .6YD YD refers to disposable income

Investment = $90 billion

Government spending = $70 billion

Taxes = .25Y

Exports = $65 billion

Imports = 0.1Y

  1. Calculate the equilibrium level of output for Agriland? (Show formula and calculations)

  1. Calculate the multiplier for Agriland. (Show formula and calculations)

  1. What is the impact on the equilibrium level of output in Agriland of an increase in government spending of $80 billion. (Show formula and calculations)

In: Economics

. Critique Michel Foucault’s notion of governmentality and bio-politics. Illustrate your assertions with relevant examples.

. Critique Michel Foucault’s notion of governmentality and bio-politics. Illustrate your assertions with relevant examples.

In: Economics

What are the demographics of the population(s) migrating in the UK? What are the reasons for...

What are the demographics of the population(s) migrating in the UK? What are the reasons for migrating (push and pull factors)

In: Economics

what are the safeguards that are in place to prevent corruption in the Caribbean Court of...

what are the safeguards that are in place to prevent corruption in the Caribbean Court of Justice

In: Economics

Answer the following questions, please be thorough in your response. 1. Give an example of a...

Answer the following questions, please be thorough in your response.

1. Give an example of a positive and negative externality and what regulations the government would use to correct the negative externality?

2. Choose a product protected by intellectual property rights. Discuss the advantages and disadvantages of that product being protected

In: Economics