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A: Answer is given below
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A: * ANSWER :- Based on the above information the answer is provided as below.
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- Assuming Amazon is operating on the efficient frontier, give two examples for how Amazon can shift the whole efficient frontier curve.
According to the theory, it is possible to construct an efficient frontier of optimal portfolios offerings the maximum possible expected return for a given level of risk. This theory was pioneered by Harry Markowitz in his paper portfolio selection published by the journal of finance. He was later awarded Nobel prize for developing the MPT. It is represented by plotting the expected returns of a portfolio and the standard deviation of returns. The y axis is made up of the expected returns of the portfolio. The x axis is labled as the standard deviation of returns which is a measure of risk.
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- A police department must conduct 100 interrogations every month. Interrogations canbe done by friendly looking “good-cops”, who earn £20,000, or by scary looking“bad-cops”, who earn £40,000. Assume that both types of police can be hired quicklybut take several months to fire. When graphing the two kinds of police officer, put“good-cops” on the vertical axis. (a) Write an equation showing the police department’s costs as a function ofgood-cops and bad-cops hired. Convert this budget constraint into the equationfor a line that could be plotted on a graph, with the number of good-cops as afunction of total costs and the number of bad-cops hired. (b) The production function for interrogations isQ = min{good-cop, bad-cop}.Show the police department’s hiring decision in a large, suitably labelledgraph. How many of each is hired? What are the department’s costs?(c) The next year, the police department starts training good-cops how to beintimidating and bad-cops to be friendly. The training is…Under a cap and trade system: a) the quantity of carbon emission is determined endogenously, while the price of emissions is set exogenously b) the price of carbon emissions is determined endogenously, while the quantity of emissions is set exogenously c) neither the quantity nor the price of emissions is determined endogenously d) both the quantity and price of emissions are determined exogenously e) both the quantity and price of emissions are determined endogenouslyWatch a YouTube video about Production Possibility Curve/Frontier and explain
- Intellectual property laws are intended to promoteinnovation, but some economists, such as MiltonFriedman, have argued that such laws are not desirable.In the United States, there is no intellectual propertyprotection for food recipes or for fashion designs.Considering the state of these two industries, andbearing in mind the discussion of the inefficiency ofmonopolies, can you think of any reasons whyintellectual property laws might hinder innovation insome cases?You sell homemade candles online for $50 each and you hire your family members to make the candles. It takes a family member 1 hour to produce a candle and you pay them $15 per hour. Production of each candle requires $10 worth of materials. You also have to pay Etsy $500 each month for the right to sell as many candles as you would like on their website. How many candles do you have to sell each month to break even? Enter your answer as a number below.There are dozens of laptop manufacturers around the world. Does the idea of efficient production mean that there should only be one laptop manufacturer making laptops at the lowest marginal cost?