Economics problem and topic idea
What are economies of scale? Give an example. What are the graphic relationships among fixed, variable, total, average, and marginal costs? What is the relationship between productivity, cost of inputs, and the cost of production? Can you give me a good topic to write this paper on? I am at a blank with this paper. 1) ...continues
I need to find an article, it has to be from the Wall Street Journal, Fortune, Business Week, Forbes or Entrepreneur that I can answer the following questions from. 1) What is the objective of the article? Please note that the article has to be relevant to microeconomics and the topics covered in this class. 2) What topics a ...continues
The recent New York Times article on biofuels (“Biofuels Deemed a Greenhouse Gas Threat”, February 8), they outline externalities not currently included in biofuels policy. How would you, from a policy perspective, propose to incorporate their findings into a more comprehensive biofuels policy? How would you balance energy secur ...continues
Give a detailed analysis of the urban location model (Alonso Model) for residents.
Give a detailed analysis of the urban location model (Alonso Model) for residents. How can this be used as a basis for predicting the problems cities will face in the future. Please be very detailed.
Don't understand why pigouvian subsides shift up marginal private cost up, lead reduce the total output of firms? I thought pigouvian subsidies will shift marginal private cost line down... but as my prof said, government intervene externality though pigouvian taxation and subsidies. and both reduce firms output. and the resu ...continues
What is the shutdown point? Give an example. How is the short-run defined in the production process? Please provide references if applicable.
Prepare a paper analyzing the current market conditions of the Airline industry including a supply and demand analysis that answers these questions: 1) Is supply increasing or decreasing and why? 2) Is demand increasing or decreasing and why? 3) Price trends (cost of productions) Include references and citat ...continues
Prepare a table that compares and contrasts the various elements of the four market structures. Format the table as follows: 1) Column Headings should be the four market structures: a) Perfect competition b) Monopoly c) Monopolistic competition d) Oligopoly 2) Use the following Row Headings to ...continues
Economic profit in perfect competition
Why do perfectly competitive firms make zero economic profit in the long run?
Imperfectly competitive markets
What do economists mean by the term "imperfectly competitive markets"? How do market prices differ between perfectly and imperfectly competitive markets?
