On the market of good Y there are 100 identical consumers. Each consumer has a demand function q=360-2p Good Y is produced by a monopolist, which is operating with a constant marginal cost of 50 and a fixed cost of 2000. Suppose the monopolist implements a two-part tariff pricing strategy. Calculate the maximum profit obtainable. Your Answer: Answer

Q: Firms 1 and 2 compete in a Cournot duopoly. If firm 2 adopts a strategy that raises firm 1's…

A: In a market, the reaction function refers to the economic representation of the reaction of a player…

Q: provide a critical view of how Southwest Airlines can measure its intellectual capital in order to…

A: Knowledge, skills, business training, and any secret information that might provide a firm a…

Q: Consider a variant of the Bertrand's competition given in class. Assume that each firm is restricted…

A: According to Nash equilibrium, a concept in game theory, the optimal finish of a game occurs when…

Q: Sutility LW 2 VP. where PxX = w × L and 0<LS 24 PL V24-4 2. Jane's utility maximization problem can…

A: A utility function refers to a function that assigns a real number to each item of consumer goods or…

Q: In the context of the money market and the LM curve, which of the following is true? O The LM is…

A: In an economy, the situation of money market is explained by the LM curve in the general equilibrium…

Q: Assume ths Nasequental game. If employer A offers a lew salary, you, as the employee, are best…

A: Introduction We have given a sequential game. In sequential game order of move matters.  If employer…

Q: What is the present value or price of a 10 year P20,000 annuity with an interest rate of 5%   a.…

A: Compound interest, also known as Interest on Interest, is interest that is added to the interest…

Q: What is the future value of P10,000 per year for 10 years invested at 10%? a. P159,374 b.P138,824…

A: An annuity is a fixed amount of money invested at each time period, the time of period could be…

Q: 1) The employment of teaching assistants (TAs) by major universities can be characterized as a…

A: A monopsony basically refers to a market where there is only one buyer. The market is called an…

Q: On what moral or legal grounds can a single nation inhibit or prohibit other countries from…

A: A solitary/single country or little gatherings of countries can't stop logical headway in another…

Q: Consider a closed economy without government Given C =100 + 0.8 Y and I = 80 a. Derive the AD…

A: Part a: AD = Total Demand = C + I  AD = 100 + 0.8Y + 80 = 180 + 0.8Y AD FUNCTION: 180 + 0.8Y In…

Q: A sales representative for a company that produces electric can openers can sell x units of their…

A: We have total revenue = TR = px = 81.6x - 0.08x2

Q: It has been determined that the cost of producing x units of a certain item is 8x + 365. The demand…

A: Revenue is the income earned by selling the product at given price level. Revenue function is the…

Q: The natural rate of unemployment is decomposed into unemployment. cyclical and frictional structural…

A: The natural rate of unemployment is a sum of structural and frictional unemployment.

Q: Consider the following game Player 2 E N T 4, 4 0, 2 Player 1 M 2, 0 2, 2 3, 0 1,0 a) Find the the…

A: Using the best response method we can find the PSNE and taking positive probabilities p1, p2 and…

Q: When prices are (5, 3), Connie chooses the bundle (11, 4). When prices are (4, 16), she chooses the…

A:

Q: 1.Explain the difference between the scope of macro and micro economics!

A: "Since you have asked multiple questions ,we will solve first question for you.If you want specific…

Q: The concept of flow of funds in an economy can also be used to understand the flow of funds in the…

A: When talking about flow of funds in N economy, it js the situation when the flow of goods and…

Q: At equilibrium in the simple Keynesian model of income determination, which of the following…

A: The equilibrium level of national income is defined by the point where the aggregate demand curve…

Q: A machine purchased 3 years ago for $140.000 is now too slow to satisfy the demand of the customers.…

A: The annual worth is the net of the relative multitude of advantages and costs brought about north of…

Q: Which of the following policies does not shift the aggregate supply curve to the right?

A: (1) The aggregate supply (AS) curve depicts the total supply of goods and services at each price…

Q: Consider an economy with an upward-sloping aggregate supply curve given by: Y = Y + (n – n*) where Y…

A: Given information Agrregate supply curveY=Y+(π-πe)Y= Optimum outputπ= inflationπe= expected…

Q: A currency exchange rate is the O price of a foreign currency, indicating how much a unit of foreign…

A: Exchange rate measures units of one country currency required to get one unit of another country…

Q: Consider the market for medical services when there is no insurance using demand and supply graph.…

A: Healthcare Insurance is defined as the kind of insurance which covers medical expenses of the…

Q: For an IS/LM model of an economy with the following equations: C = 200 + 0.8Y |= 220 – 25i G240 TR…

A: The IS–LM model is a two-dimensional macroeconomic instrument that depicts the link between interest…

Q: 7. Two people make up a small economy producing oats and/or shirts. The table below shows the…

A: The information given is:-                Sam.                Lindsay Oats.      300.…

Q: A change in which of the following will cause a movement along the supply curve? Select one: a.…

A: A supply curve denotes the positive relationship between price and quantity supplied so the movement…

Q: 6. Provide the best pricing strategy (individual pricing or bundle pricing) for a firm serving…

A: We have 3 consumers with their willingness to pay or with reservation prices. We have to consider 3…

Q: j. Explain how bargaining theory forms the basis of the economic argument for the development of a…

A: j. Wages, hours, and working conditions are decided by the relative negotiating strength of the…

Q: We are given the market information of pizza as below: a)Define the market demand equation and…

A:

Q: Which of the following will not change the equilibrium quantity and price for fast-food hamburgers?…

A: The equilibrium price and quantity exist at the level where the demand and supply are the same.

Q: You observe a quotation of the US dollar (USD) of RM4.2. You are, however, interested in the number…

A: The number of US dollars per RM is 0.24 (Exchange rate is the rate at which one currency is…

Q: Brand identity O Is the quantification of a product's sales price O Represents a set of values and a…

A: Brand identity is the noticeable components of a brand, such as a tone, plan, and logo, that…

Q: Assume the cost of producing the goods is zero and each consumer will purchase each good as long as…

A: At the marketplace, when a firm tries to sell products in a bundle,.it requires to set a specfiic…

Q: Question 1 Given the following data for a country A for the year ended December 2021 RM Million 5000…

A:

Q: 5. Down On Our Luck Studios has spent $100 million producing an aw About a Miserable Person. It the…

A: Cost refers to all the expenses and expenditure that incur in an service or production in service.…

Q: Use the concept of externalities to explain how we might answer the question of what owners may do…

A: An externality is a cost or benefit caused by a producer that is not incurred or received by the…

Q: In the different components of Aggregate Expenditure, Transfer payments are accounted for in: O…

A: Transfer payment:-  The transfer payment is wherein a person receives funding but receives no…

Q: Number of Returns per Day Number of Accountants 2. 3. 12 17 20 4. in 22 Assuming the quantity of…

A: Given: Number of Accountants (A) Number of returns per day (B) 0 0 1 5 2 12 3 17 4 20…

Q: A man borrowed an amount of P684.255 to bank that offers an interest rate of 8.816% compounded…

A: Given Principle amount P=684.255 rate of interest r=0.08816 compounded continously time n=9 years

Q: How much approx., would be the FW of P30,000 be worth after 50 years if a rate of 10%/yr (compounded…

A:

Q: 3. A machine with an initial price of $30,000 has an annual operating cost of $15,000 and a life of…

A: Using PW factor,  PW of Machine 1 = 30000 - 15000(A/P, i, n)                              =…

Q: Sometimes understanding of ISLM becomes clearer when one works through the algebra. This question is…

A:

Q: A life saving medicine without any close substitutes will tend to have (in absolute value, as usual.…

A: A life saving medicine without any close substitutes will tend to have an inelastic demand curve…

Q: Any advance in technology that increases vertical FDI (foreign direct investment) activity in the…

A: Trading is an activity in which firms in different countries exchange goods and services with each…

Q: Consider a Keynesian model of the economy with the following equations; C = 300 + 0.7Yd = 500 TR 250…

A: The equilibrium level of income refers to that level of income at which the aggregate supply of an…

Q: Should the government be involved to create more equality in income disparities

A: Income disparity is the way unevenly income is disseminated all through a populace. The less…

Q: Use a Solow Model diagram to show what will happen to the country's standard of living in a…

A:

Q: We have the following monetary and financial data about a country. (This country uses the same…

A: Money Supply is defined as the total amount of money which is available in an economy at a specific…

Q: Suppose that international financial markets have adjusted so that there is currently covered…

A: Covered interest rate parity defines an equilibrium situation between the interest rates of two…