# Economics

## Payoffs for an advertising game between Coke and Pepsi

Where calculations are needed, please show step-by-step calculations used to arrive at your answer (s) A monopolist has demand and cost curves given by: QD = 10,000 – 20P TC = 1,000 + 10Q + .05Q2 a. Find the monopolist’s profit-maximizing quantity and price. b. Find the monopolist’s profit. The following matrix shows the payoffs […]

## Monopolistic competition

1. “Monopolistic competition is monopolistic up to the point at which consumers become willing to buy close-substitute products and competitive beyond that point.” Explain 2. “Competition in quality and service may be just as effective as price competition in giving buyers more for their money.” Do you agree? Why? Explain why monopolistically competitive firms frequently […]

## Multiple choice/ short answer questions on Monetary Policy

1. According to the multiplier model, the best way to reduce inflation is to a. increase aggregate demand by cutting government spending or raising taxes. b. increase aggregate demand by raising government spending or cutting taxes. c. decrease aggregate demand by cutting government spending or raising taxes. d. decrease aggregate demand by raising government spending […]

## Cost accounting

In the way to check my understanding I think that I would need help in these question. 1. In general, more observations are required when cost and activity levels are unstable; i.e., the company’s operations have changed significantly within the relevant range. True False 2. One advantage that regression techniques have over other cost estimation […]

## Market Structure

Describe the dominant characteristics of the industry in which APPLE operates, addressing the following questions: -Who are your main competitors? -Are they significant barriers to entry? -What is your company’s market share? -What is the market share of your main competitors? -What is the four-firm concentration ratio in your industry? Over time, has this ratio […]

## Calculating Float

A mail-order firm processes 5,000 checks per month. Of these, 65% are for $50 and 35% are for $70. The $50 checks are delayed two days on average; the $70 checks are delayed three days on average. a. What is the average daily collection float? How do you interpret your answer? b.What is the weighted […]

## Consol Bond

The British government has a consol bond outstanding paying 100 per year forever. Assume the current interest rate is 4% per year. 1) What is the value of the bond immediately after a payment is made? 2) What is the value of the bond immediately before a payment is made?Solution Preview 1) What is the […]

## Probability Distribution: Expected Return and Standard Deviation

Please assist me in accurately answering the following questions. I am having a difficult time solving the questions. 8-6 Expected returns Stocks X and Y have the following probability distributions of expected future returns: Probability X Y 0.1 (10%) (35%) 0.2 2 0 0.4 12 20 0.2 20 25 0.1 38 45 a. Calculate the […]

## Roy’s Identity and Slutsky Equation

Economics Problem: Prove Roy’s identity and use it to derive and interpret the Slutsky equation. Make sure to show all of your work. Solution Preview 1. Roy’s identity reformulates Shephard’s lemma in order to get a Marshallian demand function for an individual and a good (i) from some indirect utility function. First, assume a consumer’s […]

## Strategic Plan for Eastman Kodak Company

Please let me know if you can help. I have to complete a paper of a strategic plan for Eastman Kodak Company based off of the feedback my professor has given me. I am still having trouble with the following: a. Table of contents b. Executive summary (2-page maximum) c. Eastman Kodak background, organizational mission, […]

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