Q1: A pricing practice in which a firm charges a lower price for an exported good than it does for the same good sold domestically.   a) monopoly b) dumping c) Strategies for business d) Market imperfection   Q2: The monopolistic competition model can be used to show how trade leads to:   a) A […]

Richland, a small country, is considering whether to engage in the international trade. There are two products produced in Richland, rice and furniture. Suppose that the world price of rice is lower than Richland’s autarky price of rice but its autarky price of furniture is lower than the world price of furniture. Assume that land […]

1) In open economies   A) saving and investment are necessarily equal.   B) as in a closed economy, saving and investment are not necessarily equal.   C) saving and investment are not necessarily equal as they are in a closed economy.   D) saving and investment are necessarily equal contrary to the case of […]

Under what conditions will a firm exit a market? Explain. Find an article that addresses the announcement that a firm is leaving a market. Explain the conditions for the departure within the context of the article.   Dot Image

Many households have been forced to reduce savings in response to the COVID-19 crisis. Using the growth model from class, consider the impacts on long-run growth from a reduction in the savings rate. Provide a graph that clearly illustrates the e?ects along with a brief discussion. Be sure to mention the e?ects on the long-run […]

Explain why pricing and production are extent decisions and not decisions that should be tackled with break-even analysis. Does the same apply for investment decisions? Provide a rationale to support your response.

Sophia, a lower-middle-class single mom, wants to learn how to invest her money in the stock market.   Equity Stock Market Fundamentals Discussion   Since Sophia cannot afford an agent/stockbroker, she needs to learn how to manage her finances from the beginner level on her own.   Answer the following:   What fundamentals does Sophia […]

Producer Behavior   1. (Recall the assumptions of production) Following each part, determine which basic assumption of production is violated   a. The local coffee shop serves 400 customers per day with 8 employees, 420 with 9 employees, 450 with 10 employees while it keeps its size same, such as a number of seats.   […]

Would you be willing to give up your checkbook and instead use an electronic means of payment if it were made available? Why or why not? What is more liquid in our economy, M1 or M2 and which one is larger? Make sure to explain your answers.

1. Choose a big international company (like Amazon, Coca Cola, Samsung, etc)   2. Identify two CSR problems with the company (things that it can improve, so it can be a better ‘corporate citizen’)   3. Do a simple stakeholder analysis (identify 5 stakeholders that the company has). Rank the stakeholders from most important to […]