Economics Homework Solutions

Economics forecasting research

When disparities exist from census data, housing starts data and other research data when seeking for information to help with forcasting the power tool market how do you reconcile the differences in the various forecasting services to provide an insight into the future that you can rely on and base decisions on?

Problem Set

Part1.) Each question should be answered with no more than 5 sentences> 1. Popular movie videocassettes or DVDs are often sold for $15 to $20, whereas less popular movies can sell for more than $40. Why? (Hint: consider who buys each type of movie) 2. Some restaurants offer free meals to children accompanied by adults. Is t ...continues

Cournot Oligopoly

You are a truck farmer and bring produce to a farmer's market every Wednesday. You have found that on a typical day five other farmers bring their produce to market. Years of experience have taught you that you make the most money by pricing your produce at 1.15 times your marginal cost. My questions are: - What is the mar ...continues

Find several articles about 'international comparison'

I have to find a good article that talks about 'international comparison'. It must be a topic related to internet (e-commerce etc.). For example, 'the different marketing strategy of Yahoo in US and China'. I could not find any good articles.

Economics of internet

A Congressional staffer calls you on the phone for advice. Her boss may propose a law where sending an email costs 5 cents for every email address included in the message. The government does not get the money; it goes to the recipient(s) of the email. That is, each person has an email credit account. For every email sent, 5 ...continues

Economics of internet

You are the Chief Economist of the FCC. The Chairman has called you in to discuss a thorny issue. Two wireless broadcasters operate on adjacent frequencies. Operator A, complying with FCC rules, installs a new low-powered cellular architecture for its radio service at a cost of $1 billion to replace its old single high powere ...continues

Economics of internet

In the attached file are the latest available data on US Retail Ecommerce sales (released quarterly) and US Manufacturing Ecommerce Shipments (breakdown by sectors released annually). While both are growing rapidly, ecommerce manufacturing shipments are a much larger fraction of total manufacturing shipments than ecommerce reta ...continues

Global Strategies and Trade deficit and trade surplus questions

1. What are some of the technological advances in telecommunications and transportation that have impacted global business in the last decade? How have these technological advances affected regional economic development? What trends can be anticipated in these areas? 2. What techniques are available to correct Balance of P ...continues

Economics of internet

You solved the following problem for me. There was a slight change to the last question. Please solve the last problem based on this change: The last question should read "Which of the TWO would be the best rule if the FCC has discretion?" You are the Chief Economist of the FCC. The Chairman has called you in to discuss a th ...continues

Economics of internet

Please be specific. You are the Chief Economist of the FCC. The Chairman has called you in to discuss a thorny issue. Two wireless broadcasters operate on adjacent frequencies. Operator A, complying with FCC rules, installs a new low-powered cellular architecture for its radio service at a cost of $1 billion to replace its ...continues

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