Detailed Essay Type
We understand that transport is derived demand, based on this, justify (with real world examples) why transport economists need to be aware of what is happening in other academic disciplines.
Currently in Zambia, private operators are allowed to provide certain modes of transport. However, some may argue that government should be the only provider of certain modes of transport. Based on this, highlighting both the benefits and the disadvantages of having government being the sole provider of the various mode of transport. Use Zambian examples to justify your answers.
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please answer on question.
Compare horizontal and vertical FDI impact on the volume of international trade and the economies of home and host countries.
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Discuss the Market Revolution and the rise of American ingenuity as the United States expanded westward.
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Briefly describe limit pricing and predatory pricing as used by some oligopoly firms, and then explain which form of pricing would be more likely used to eliminate some current competition.
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What are 2 reasons for using quotas over tariffs? Explain 3 types of tariffs (nominal tariff, effective tariff rate, tariff-rate quota). Explain.
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What kind of theory of business ethics be applied to online Privacy issues
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A commercial bank has $800 of deposits as the only liabilities (excluding capital). Its desired reserve ratio is 20% and it does not want to hold any excess reserves. The financial regulatory authority requires it to have a minimum capital of 20% of assets. The commercial bank holds 30% of its assets as government securities. Assets that are not held as reserves or securities are lent out.
a) Assume the bank does not hold any capital in excess of the
minimum required by the regulator. Calculate the amount of assets.
And write down the balance sheet of the commercial bank.
b) Suppose there is a deposit withdrawal of $100. Assuming the bank
cannot further change any of its liabilities (including capital),
and it still holds 30% of its assets as government securities,
write down the new balance sheet after the desired reserve ratio is
satisfied again.
c) Given the situation in b), how much of bad loan loss would cause bankruptcy?
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Consider the monetary model of the exchange rate. Using the equations EH/F = PH / PF and P = M / L∗Y state what happens to the home currency when there is
a) an increase in foreign real income
b) an increase in the foreign money supply
c) an increase in the domestic demand for money
You should use the words ’appreciate’ or ’depreciate’.
What do these equations look like when you transform them into growth rates?
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Assume that all production of an essential (but reasonably priced) consumer product is moved to a third world country, to take advantage of lower labor and raw material costs. Almost everyone purchases modest amounts of this item on a periodic basis. Answer the following questions (one to four sentences each).
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The inverse demand is given by P=240-Q. The discount factor is
R=0.9, and marginal production costs are initially $120.
a. Calculate the market price, output and profits (if any) on the
assumption that the market is currently: i. Monopolized ii. A
Bertrand duopoly iii. A Cournot duopoly.
b. Suppose that a research institute develops a new technology that
reduces marginal cost to 60.
i. Confirm that this is not a drastic innovation in the Bertrand
case.
ii. Calculate the new market equilibrium price, output and profits
for the monopolist and each duopolist given that in the duopoly
case the innovation is made available to only one firm.
iii. How much will be the willingness to pay for this innovation
for I. The monopolist II. The Bertrand duopolist III. The Cournot
duopolist.
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Describe 2 reasons that countries enforce tariffs.
Describe the 3 most commonly used tariffs.
Which type of tariff would be most likely applied when a country seeks to increase revenue?
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Discuss Factors that make it congenial or agreeable for a group of nations to start a process of Economic integration?
Cite the sources consulted and include the references at the end if there is so.
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8 According to marginal analysis, the optimal or efficient quantity of personal computers is the quantity at which the
marginal benefit of the last computer produced is zero.
marginal benefit of the last computer produced equals the marginal cost of the last computer produced.
marginal cost of the last computer produced is zero.
total benefit of all computers produced equals the total cost of all computers produced.
average benefit of all computers produced equals the average cost of all computers produced.
31 If chicken alfredo is a normal good and consumer income decreases, then ceteris paribus the
quantity demanded for chicken alfredo will increase.
quantity demanded of chicken alfredo will decrease.
demand for chicken alfredo will remain constant.
demand for chicken alfredo will increase.
demand for chicken alfredo will decrease.
32 If wine and cheese are complements in consumption (and independent in production), then a decrease in the price of cheese will, ceteris paribus,
decrease the demand for wine.
increase the quantity demanded of wine.
increase the demand for wine.
decrease the demand for cheese.
increase the quantity supplied of wine.
33 According to the law of supply, a(n) _____ in the price of gas will _____, ceteris paribus.
decrease, increase the supply of gas
decrease, increase the quantity demanded of gas
decrease, decrease the quantity supplied of gas.
increase, decrease the quantity supplied of gas.
increase, increase the supply of gas
34 A (short run) supply curve slopes upward because of the
law of decreasing opportunity cost
law of diminishing marginal returns (marginal utility)
law of increasing opportunity cost
law of demand
income and substitution effects
35 Which of the following would increase the supply of cheese, ceteris paribus?
An increase in the price of cheese.
An increase in the demand for cheese.
A decrease in the number of cheese producers.
An increase in the wages of cheese production workers.
A decrease in the price of ice cream, assuming that ice cream and cheese are substitutes in production.
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In 250 words What are the differences between optimistic and pessimistic views of the world? What are the benefits of each viewpoint? Which do you embrace? Why? please type
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