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ECONOMICS 101 - The transaction cost approach to the theory
The transaction cost approach to the theory of the firm was created by Ronald Coase. Transaction cost refers to the cost of providing for some good or service through the market rather than having it …
Economics / General Economics 2017-11-24 1 Yes $10.00
Consider a firm that operates in the perfectly competitive
Consider a firm that operates in the perfectly competitive salmon farming industry. The short-run total cost curve is TC(Q)=400+2Q+0.5Q^2,whereQ is the number of salmon harvested per month.What is the …
Economics / General Economics 2017-11-24 1 Yes $7.00
ECON 221 - The bitcoin bubble- Buttonwood
Based on the article "The bitcoin bubble- Buttonwood (The Economist)Were these changes in price mainly caused by changes in supply or demand? How does the appearance of new cryptocurrencies affect dem …
Economics / General Economics 2017-11-24 1 Yes $7.00
ECON 221 - How are bitcoins similar to fiat currencies
Based on the article " The bitcoin bubble - Buttonwood (The Economist)How are bitcoins similar to fiat currencies? How are bitcoins different from fiat currencies? How has bitcoin price changed since …
Economics / General Economics 2017-11-24 1 Yes $7.00
Discuss the current fiscal policy solutions
3. Discuss the current fiscal policy solutions that the government is pursuing to get the country out of a recession.4. What are some other things that might need to be done to resolve the current sit …
Economics / General Economics 2017-11-24 1 Yes $6.00
Consider a market with a monopsony buyer
Consider a market with a monopsony buyer (such as, for example, a market in which companies produce inputs to production for a monopoly producer). In such a market, the monopsony buyer has control ove …
Economics / General Economics 2017-11-24 1 Yes $6.00
ECON 361 - Suppose that Pepsi and Coke are competing
Suppose that Pepsi and Coke are competing in a horizon-tally differentiated Bertrand market and setting prices.The demand curves are as follows:Qc = 40-5Pc + 4PpQc = 100-2Pp + PcCoke face marginal cos …
Economics / General Economics 2017-11-24 1 Yes $12.00
State the profit-maximizing conditions under monopolistic
a. State the profit-maximizing conditions under monopolistic competition in the short-run. State the profit-maximizing conditions under oligopoly.b. State the profit-maximizing Conditions under monopo …
Economics / General Economics 2017-11-24 1 Yes $10.00
ECON 361 - Consider a market with demand P(Q)
Consider a market with demand P(Q) = 108-2Q inwhich two rms compete. Firm 1 faces TC1(Q) = 48Qand rm 2 faces TC2(Q) = 36Q.(a) Find the reaction function for rm 1.(b) Find the reaction function for rm …
Economics / General Economics 2017-11-24 1 Yes $6.00
The quantity equation of money, Suppose the velocity
Use the quantity equation of money. Suppose the velocity of money is constant at V=5, the price level is P=2 (i.e.. CPI = 200), and the real GDP is $2,000.What is the quantity of money?If the real GDP …
Economics / General Economics 2017-11-24 1 Yes $10.00
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