Consider any market that has a demand curve given by: Qd = 125 - 0.4P. Being the total quantity demanded in the market, given the quantity in millions of units and the market price, calculated in monetary units. Imagine that there are 2 Cournot oligopolists operating in this market that have Cmg = CVme = 2. About this market, the question is: a) What is the reaction curvature of the oligopolists? b) What will be the production of each of the companies? c) What is the sale price for oligopolists?

Q: At Emory's Pens and Pencils when they produce 50 pens their total cost is $80. Emory's marginal cost...

A: Average Total Cost (ATC) can be calculated by dividing the Total Cost (TC) by Quantity (Q).

Q: Inflation Targeting Federal Open Market Committee Sterilized vs. Unsterilized Foreign Currency Int...

A:  Inflation occurs when, in the economy, the prices of goods and services shows a sudden increase.

Q: Consider country D, which is a closed economy. Suppose that D’s investment is 100, disposable income...

A: In a closed economy, the national income identity is: Y= C+I+G I= Y-C-G (In a closed economy nationa...

Q: Free markets___ 0. always fail to produce the optimal quantity and/or price 0. can fail to provide t...

A: Equilibrium is achieved at the output level where Qs equals Qd

Q: Opportunity cost is whatever you give up to get something. What is the opportunity cost of staying u...

A: Answer: Opportunity cost: The opportunity cost of an action refers to what people give up to do that...

Q: 39. If the demand for a good is inelastic, an increase in the price of the good will cause the total...

A: Elasticity is used to calculate the difference between the relative change in the amount demanded of...

Q: A Nash equilibrium occurs if all players in a game play their best strategies O a. given what their ...

A: Nash equilibrium is achieved at a point where no player can be made better off without making others...

Q: In the short run, firms wil, In the long run, the supply curve wil On the preceding graph, show the ...

A: The constant cost industry is the industry; the exit of the firm will not affect the input prices of...

Q: 20. Using two carefully drawn and labeled diagrams, analyze an input cartel. That is, on the left si...

A: Cartel refers to the group or association made by the collusion of similar firms in a market to expl...

Q: Agricultural goods market depicts characteristics close to

A: To find : What is depicted by agricultural goof market  

Q: The following graph shows the market demand for wheat. Use the orange points (square symbol) to plot...

A: Answer: In the short run, the supply curve is the rising part of the marginal cost (MC) curve above ...

Q: Below is information for two Solow economies. d L Country A 1/3 0.07 1 1 Country B 1/3 0.10 1 1 Acco...

A: At golden rule steady state, consumption is maximized where marginal product of capital is equal to ...

Q: discuss double taxation that is good for 2 minutes.

A:

Q: • Engr. Odon is paying a loan five thousand pesos 1% quarterly for 3 years. If the payment is to sta...

A: We have: loan payment = 5,000 pesos Time (n) = 3 years Interest rate = 1%   

Q: What is the current inflation rate as measured by the Consumer Price Index? You can use either the F...

A: The inflation rate is defined as the percentage change in Consumer Price Index for a particular time...

Q: Consider the MPL is currently given by MPL=30/L. The supply of labor in the country is L=10. Consid...

A: (1) Labor demand equation: MPL = w Where 'w' is real wage => (30/L) = w => L = (30 / w) ------...

Q: I want to model a decision maker whose risk attitude is risk seeking, Ishould use which of the follo...

A: For a risk seeker, the preference function gets steeper as wealth increases. It implies that the mar...

Q: D. All of the following are determinants of demand except

A: To find : What is determinants of demand except. 

Q: Enumerate some comparisons and contrasts of the concept of demand and concept of supply.

A: Demand is the customer's desire for a specific product at a given price, which he or she is willing ...

Q: Covington Corporation purchased a vibratory finishing machine for $20,000 in year 0. The useful life...

A: Cost of machine = $20,000 Useful life of machine = 10 years  Annual revenue from machine = $7000 Ann...

Q: 3. How much will you have in 40 years if you save $3,000 each year and your account earns 8% interes...

A: The information given to us is:- Saving per year = $3000 Tenure = 40 years  Interest rate per year =...

Q: The gravity model of trade describes an exact physical relationship between trade, distance and size...

A: "The statement is FALSE."

Q: 2) Last year, Alice carned $36,000 from her job. During the same year, she saved $9,000. a. What was...

A: a) Given that, Alice earned $36000 Ans she saved $9,000 The rate of saving is given by: = (9,000/36,...

Q: The description of the event of fresh milk in a company: Supply, Demand, and Government Policies -...

A: The law which controls the way in which a business could tend to operate or a combination of all law...

Q: Compare the roles of the United Nations, the World Bank, the European Union, the World Trade Organiz...

A: Business can be of different categories various types. For example in burger business, there is burg...

Q: 5. Provide rationale for deductibles and copayments. What is the effect of deductibles and copayment...

A: For taking some service for example if an individual wanted to take some insurance then they need to...

Q: Last year, 1000 gallons of almond milk (a non-dairy product) were sold at a price of $10. Yet, this ...

A:   When almond milk “a non dairy product” harvest has been destroyed in California, it resulted in su...

Q: Assume an economy with a coal producer, a steel producer, and some consumers (there is no government...

A: Gross domestic product (GDP) is a monetary measure of the market value of all final goods and servic...

Q: 2. What is the monthly payment for a loan of 100,000 over 5 years nominal interest rate is 12% compo...

A: Loan amount = $ 100,000 Tenure = 5 years = 5 × 12 months = 60 months Interest rate = 12% (compounded...

Q: 5. In perfect competition, the firm's above AVC has the identical shape of the firm's supply curve

A: To find : Which firm has identical shape of firm's supply curve. 

Q: Inflation hurts: select correct and Explain why  everyone. those whose incomes don't change. those ...

A: Inflation hurts 1) Everyone: Inflation has an impact on almost everyone but it does not hurt everyon...

Q: Review the logic of spuriousness. Can youthink up an example where an observedrelationship between t...

A: Jueda defines spurious logic as "a mathematical relationship in which two or more events or variable...

Q: An investment has the following cash flow series where interest is 7%: End of Year 0 1 2 3 4 5 6 7 8...

A: Given  r= 7% End of year 0 1 2 3 4 5 6 7 8 Cash flow 150 300 450 0 -500 0 600 700 800

Q: TRANSNATIONALITY examples

A: To find : Example of transnationality. 

Q: Determine the ERR of the engineering project shown below when the MARR is 18% per year and the reinv...

A: * SOLUTION :-  Given that ,    The MARR is = 18% The reinvestment rate is = 15%

Q: John Stain estimates that the demand curve for his PaneMaster insulated windows is given by Currentl...

A: Answer: Given, Demand function: Q=350-2PCurrne tprice=$150 The following formula will be used to fin...

Q: If the firm has a total cost function of: TC = 144 + 3Q Explain what this means in terms of profit...

A:

Q: EU Common Agricultural Policy is one of the well-known Buffer Stock Program. Select one: True O Fals...

A: True The given statement is true. The Common Agricultural Policy was founded on the economic notion ...

Q: 2.How developed countries can assist developing countries with their population program

A: Developed countries are taking several measures in order to reduce the population of their economies...

Q: Last year 1000 galone of amond ma non dairy produt were soldprice of S0 Y yearabad harvestin Caomia ...

A: Given: Quantity of almond milk=1000 gallons Price=$10

Q: Change in Demand of Meat Production and Supply Chain under COVID-19.

A: To find : Change in demand of meat due to covid-19

Q: If a company believed that a nation was preparing to devalue its currency, the company should reduce...

A:   Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and scarcit...

Q: A firm faces the market demand curve: P=90-Q/4 where P = price and Q = output The firm has the total...

A: Demand : P=90-Q/4 Total Cost : 1/4Q2-6Q+40 Total Revenue= P*Q TR=90Q-Q2/4 Profit π=Total Revenue-Tot...

Q: If the coffee's demand function is q = 192 - p2, at what price where the revenue is maximized and wh...

A: Demand function: - demand function is a functional relationship between the quantity demanded and th...

Q: Suppose people in the adult population in a small country are classified based on their age. Labor F...

A: Labor force participation rate= Labor forceTotal population*100 where the labor force is the sum of ...

Q: A consumer has income of $3,000. Wine costs $3 per glass, and cheese costs $6 per pound. Make a grap...

A: Budget constraint is the boundary of the opportunity set-all plausible combinations of goods a consu...

Q: The aggregate production curve is a 45 degree line. [True or False] – Explain Why

A: Aggregate Production Curve : The Aggregate Production Curve or the Aggregate Production function is ...

Q: Read the statements VERY carefully! Which of the following statements is true? According to Okun's l...

A: When product is put into the production process, cost  such as fixed and variable cost would be requ...

Q: According to Lenin, what part does financial capital play in imperialism?

A: To find : What part does financial capital play in imperialism. 

Q: Under TANF, your state provides an income guarantee of $5,000 and a benefit reduction rate of 40%. T...

A: When the state provides an income guarantee of $5000, it means that the individuals with earnings eq...

Monopoly Market

When a company and its products dominate a sector or an industry, it is termed a monopoly. When a firm and its products control a market, then it is called a monopoly.