1. Which of the following are true about monopolies?

a. since monopolists control the market, they always earn positive economic profits

b. monopolists are price takers

c. neither statement is true

d. both statements are true

2. Price discrimination is the practice of charging:

a. different prices for different goods

b. different prices to different customers for the same product

c. the same price for different goods in different geographical locations

d. high prices for products with high marginal costs and low prices for those with low marginal costs

3. Which of the following is necessary to practice price discrimination?

a. the firm must have market power

b. the firm must not be able to prevent arbitrage of its product

c. the firm faces a perfectly elastic demand curve

d. the firm operates in a perfectly competitive industry

4. Price discrimination is motivated by a firm’s desire to:

a. penalize customers who do not match the racial or ethnic background of the firm

b. reduce the deadweight loss attributable to monopoly pricing

c. effect social justice through long-run sustainable pricing strategies

d. increase producer surplus

: Assume the market for Pepsi, the soft drink, is in equilibrium. For each of the following, (1) indicate whether the demand for Pepsi or the supply of Pepsi or both the supply and demand for Pepsi changes; (2) explain why the curve is shifting; (3) draw a graph illustrating the effect of the change on the equilibrium price and quantity of Pepsi; and (4) verbally explain what happens to the equilibrium price and quantity of Pepsi. Analyze each event independently.

1. PepsiCo, the producer of Pepsi, invents a more efficient process to bottle Pepsi.

2. The supply of Coca Cola decreases.

3. The price of sugar and high-fructose corn syrup, ingredients in Pepsi, increase.

4. The Surgeon General of the United States announces that drinking soft drinks increases the risk of dying by 10 percent.

5. Both of the events described in parts (a) and (d) above, occur simultaneously.

The recent collapse of some banks and financial institutions and the merger of others in ghana is proof that the financial system which consists of institutional units and markets that interact, typically in a complex manner, for the purpose of mobilizing funds for investment and providing facilities, including payment systems, for the financing of commercial activity remains unprotected in spite of the the presence of the Regulator and a solid legal system backing it. From the discussion in class and available literature, examine some of the difficulties associated with the financial system and how these challenges have been addressed by the Banks and Specialised Deposit Taking Institutions Act 2016 (Act 930). Are there any novel ways by which some of the challenges may be resolved in your opinion?

1. Which of the following would increase prices for U.S. consumers?

​ 2. The larger the MPC:

3. Suppose that the U.S. can make 15 cars or 20 bottles of wine with one year's worth of labor. France can make 10 cars or 18 bottles of wine with one year's worth of labor. From these numbers, we can conclude

4. Which of the following is an example of a pure market economy?

Analyzing the impact of the fluctuating gold market on the Palestinian economy as ( a gold trader) in light of the Corona pandemic in details.

What impact is the COVID crisis having on the global economy? How long will it last? What are the current policy responses around the world and how effective will they be?

a short video from the respected weekly magazine "The Economist" and Harvard panel on this topic. Please watch these videos and share your thoughts.

The income of poor countries is often understated when using the exchange-rate method of measuring per-capita income, as opposed to the PPP method

To what degree do you think that outsourcing has been a driver for the continued existence of organized labor?

Write about westernized elements in life; westernization in our life, and this includes Americanization

A firm must decide whether to make a component part in-house or to contract it out to an independent supplier. Manufacturing the part requires a nonrecoverable investment in specialized assets. The most efficient suppliers are located in countries with currencies that many foreign exchange analysts expect to appreciate substantially over the next decade. What are the pros and cons of (a) manufacturing the component in-house and (b) outsourcing manufacturing to an independent supplier? Which option would you recommend and why? Justify your answer with suitable examples.

why has the demand for some of the consumer goods not reflected as the CARES ACT had hoped for? Do people not feel confident without a vaccine to the virus?

Consider an economy with two goods, x and y. Explain why if a consumer has well-behaved preferences over bundles of x and y then the two goods cannot both be inferior goods. (Please answer that easy to understand)

Answer the following questions as much detailed as you can.

1. Explain the difference between the Breusch-Pagan test and the White test of heterosckedascity.
2. What are the limitations of the Durbin-Watson test of a serial correlation?
3. Explain what the dummy variable trap is.

Brexit has led to the relocation of many multinational companies from the United Kingdom to continental Europe. This has in turn reduced the demand for real estate and many other local goods and services in the country on a long-term basis. What is the likely long-run impact of the change in the demand for local goods and services on the real exchange rate of the British pound?