Microeconomics

Write a report as if you were a company or industry consultants considering the establishment/maintenance of price, quantity produced or sold, or a change in price or quantity covering a specific area that relates to elasticity in microeconomics. .

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Microeconomics Write a report as if you were a company or industry consultants considering the establishment/maintenance of price, quantity produced or sold, or a change in price or quantity covering a specific area that relates to elasticity in microeconomics. .  APA adherence.

How does a monopoly maximizes its profits. What is price discrimination in context of monopolies?

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Microeconomics. Using supply and demand curves explain where appropriate : a) How does a monopoly maximizes its profits 15% b) What is price discrimination in context of monopolies? 5% c) Inwhatsituationscanamonopolybejustified?5% d) What can government do when faced with monopoly structures in key industries. Use real life examples to support your answer. 5%

Microeconomics : Why is economics relevant?What is the difference between factor of production and factor price? Give an example of each.

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Microeconomics The Economic Problem 1. Why is economics relevant? (5–points) 2. Identify and explain the three fundamental questions in economics. (5–points) 3. What is the difference between factor of production and factor price? Give an example of each. (5–points) 4. Choice implies opportunity cost. Explain (5–points) 5. Scarcity implies choice. Explain (5–points) 6. Tigris produces … Read more

Microeconomics and Decisions: explain the policy response in macroeconomic terms.specifically, how might the policy affect the total demand for goods and services in the country?describe the shift that might occur.

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Microeconomics and Decisions 1. Select an economic situation, to focus on in your project. Indicate if it is “boom” or “bust.” You do not need to go into additional detail about the nature of the situation. Note: Optionally, you may use the template from the Deliverables section to complete your project. 2. Using your selected … Read more

Microeconomics – cost: calculate the average total cost, average variable cost, average fixed cost, and marginal cost for baking one dozen, two dozen, three dozen, four dozen, five dozen, six dozen, seven dozen, eight dozen, nine dozen, and ten dozen cookies.

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Microeconomics – cost Go to your local grocery store and price the ingredients for baking chocolate chip cookies. For simplicity, assume the ingredients for three dozen cookies are: One 16 oz. box of sugar One 12 oz. bag of chocolate chips One 2 lb. bag of flour One dozen eggs A fixed cost of $30 … Read more