Graphically illustrate a monopoly (or the imposition of monopoly
power on a market from government intervention) via two cases: 1)
quantity (output) restrictions 2) price too high
Compare graphically the welfare implications of the long run
equilibrium of a monopolistically competitive industry, monopoly
and a perfectly competitive industry.
Graphically illustrate the labor market’s situation in case of a
minimum wage enforcement. Discuss with at least 200 words.
its my question and explain in detail please because I don't
understand very well and please do not write HANDWRITE because I
don't understand your HANDWRITING
thanks a lot
Unlike perfect competition, a monopoly produces welfare loss.
Briefly explain where it stems from (i.e., who loses welfare) by
drawing a graph including both perfect competition and
monopoly.
Illustrate graphically an aggregate demand/aggregate supply of
an economy in a recessionary situation. Show the GDP gap
graphically. How can the Federal help close the recessionary gap
moving the economy back toward full employment using monetary
policy? Account for the role of the money supplier in the answer.
Graphically show the prescription chosen. What is the potential
impact on interest rates, budget deficit and trade deficit if
applicable? Explain your answer.
Graphically illustrate and explain the effects of an increase in
the saving rate on the Solow growth model. In your answer, you must
clearly label all curves and the initial and final equilibria. In
your answer, explain what happens to the rate of growth of output
per worker and the rate of growth of output as the economy adjusts
to this increase in the saving rate.