Name a product that you regularly purchase from a firm that operates in an oligopolistic industry. Explain why the product and firm fit the model of oligopoly. Think about the TV commercials and/or print advertisements that you’ve seen from this industry: What interdependence have you noticed between the firm you selected and its rivals in terms of product differentiation, price leadership, or price competition? Explain your answer. 200 WORDS

For each sentence below, decide whether it is an atomic statement, a molecular statement, or not a statement at all.

1. There is a scary clown behind you.

2. There is a scary clown behind you and he is juggling.

3. Watch out!

Classify each of the sentences below as an atomic statement, a molecular statement, or not a statement at all. If the statement is molecular, say what kind it is (conjuction, disjunction, conditional, biconditional, negation).

1. The sum of the first 10 squares.

2. Go to your room!

3. Everybody can be fooled sometimes.

4. Every even number is divisible by 2

5. Are we human or are we dancers?

Determine whether each molecular statement below is true or false, or whether it is impossible to determine. Assume you do not know what my favorite number is (but you do know which numbers are prime).

1. If 18 is not prime, then 18 is my favorite number.

2. If 18 is my favorite number, then 18 is prime.

3. 18 is my favorite number or 3 is not my favorite number.

4. If 3 is not prime, then 3 is my favorite number.

5. If 18 is prime, then 2⋅182⋅18 is prime

6. 18 is prime or 3 is prime

In my safe is a sheet of paper with two shapes drawn on it in colored crayon. One is a circle, and the other is a square. Each shape is drawn in a single color. Suppose you believe me when I tell you that, if the circle is green, then the square is orange. What do you therefore know about the truth value of the following statements?

1. The circle is not green or the square is orange.

2. The circle and the square are both green.

3. The circle the square are both orange.

4. If the square is orange, then the circle is green.

5. If the square is not orange, then the circle is not green.

Suppose the statement, "if the circle is red, then the square is yellow," is true. Assume also that the converse is false. Classify each statement below as true or false (if possible).

1. The circle is red.

2. The circle is red if and only if the square is not yellow.

3. The circle is red if and only if the square is yellow.

4. The square is yellow.

Consider the statement, "If you will give me magic beans, then I will give you a cow." Decide whether each statement below is the converse, the contrapositive, or neither.

1. You will give me magic beans and I will not give you a cow.

2. If you will give me magic beans, then I will not give you a cow.

3. If I will give you a cow, then you will not give me magic beans.

4. If I will give you a cow, then you will give me magic beans.

5. If you will not give me magic beans, then I will not give you a cow.

6. If I will not give you a cow, then you will not give me magic beans.

The Quest For Perpetual Motion It has been a tenet of physics that it is not possible to build a perpetual motion machine in a closed or isolated system. This fact has not stopped people from claiming to build such a machine. Explain why a perpetual motion machine violates the principles of thermodynamics. Do some research and provide an example of a supposed perpetual motion machine. Explain the machine in detail and why it does not exhibit perpetual motion.

Can you please explain the crowding out effect in detail using a graph for the bond market, the money market, the foreign exchange market, and the AD SRAS LRAS model.ple

Can you please explain quantitative easing?

The Fed’s current policy is quantitative easing, do you think that there is a danger of the government’s current fiscal policy being crowded out? Why or Why not? Explanation required for credit.

Consider the annual market for imported solar panels in Australia with an upward sloping supply curve and downward sloping demand curve.

1. Draw a diagram showing the annual market for imported solar panels in Australia. Include and label the demand curve, supply curve, equilibrium price and quantity.

2. If the price was temporarily above equilibrium explain how it would return to equilibrium.

3. If the $A depreciates so that importing goods is more expensive, show and explain any changes in demand or supply and equilibrium price and quantity of imported solar panels in Australia.

4. If the price of coal fired electricity increases show and explain any changes in demand or supply and equilibrium price and quantity for imported solar panels in Australia. State any assumptions you are making about the relationship between coal fired electricity and solar panels.

Answer Questions 4, 5. and 6 on the basis of the research hypothesis that more males have only beards than have only mustaches, have both mustaches and beards, or have neither mustaches nor beards.

Question 4
4. State the null hypothesis.

Question 5
5. What does failure to reject the null hypothesis indicate about the research hypothesis? Why?

Question 6
6. What does a rejected null hypothesis indicate about the research hypothesis? Why?

Patriot Co. manufactures and sells three products: red, white, and blue. Their unit selling prices are red, $46; white, $76; and blue, $101. The per unit variable costs to manufacture and sell these products are red, $31; white, $51; and blue, $71. Their sales mix is reflected in a ratio of 2:2:1 (red:white:blue). Annual fixed costs shared by all three products are $141,000. One type of raw material has been used to manufacture all three products. The company has developed a new material of equal quality for less cost. The new material would reduce variable costs per unit as follows: red, by $6; white, by $16; and blue, by $10. However, the new material requires new equipment, which will increase annual fixed costs by $11,000.

Required:

2. Assume if the company uses the new material, determine its new break-even point in both sales units and sales dollars of each individual product. (Round composite units up to next whole number.)

1. Assume if the company continues to use the old material, determine its break-even point in both sales units and sales dollars of each individual product. (Round composite units up to next whole number.)

The following information describes the costs for a firm in a perfectly competitive market. Fill in the cells (4 points) then answer the questions that follow.

1. If the market price for this good is $150, what is the profit maximizing level of output for the firm? Show your work and/or explain.
2. What is the total cost for the output you found in #1 above? Show your work.
3. What is the total revenue for the output you found in #1 above? Show your work.
4. Based on your answers to 2 and 3, is the firm making a profit or loss? Explain.
5. At this price, in the short run, will the firm continue producing or shut down in the short run? Explain.
6. At this price, in the long run, will new firms enter this market or will this firm exit the market? Explain.
7. If the market price increases to $175, does this change the firm’s decisions about either shutting down or entering/leaving the market? Explain.