Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 12 pdf

... Chapter 12: Monopolistic Competition and Oligopoly 191 CHAPTER 12 MONOPOLISTIC COMPETITION AND OLIGOPOLY REVIEW QUESTIONS 1. What ... to enter; as firms enter the incumbent firm’s demand and marginal revenue curves shift Chapter 12: Monopolistic Competition and Oligopoly 192 inward, reducing the profit-maximizing quantity. ... increase output and increase profits at the expense...

Ngày tải lên: 26/01/2014, 00:20

... P Q Δ Q ΔP = 2 8 (−2) =− 4 8 =−0.5. Cross-price elasticity of demand = P s Q Δ Q ΔP s = 2 8 (1) = 0.25. 12. Suppose that rather than the declining demand assumed in Example 2.8, a decrease in the cost

Ngày tải lên: 20/01/2014, 20:20

Ngày tải lên: 20/01/2014, 20:20

Ngày tải lên: 20/01/2014, 20:20

... Font: Times New Roman, 12 pt Formatted: Space Before: 1.2 line, After: 1.2 line, Line spacing: 1.5 lines Formatted: Font: Times New Roman Formatted: Font: Times New Roman, 12 pt Chapter 4: Individual ... New Roman Formatted: Font: Times New Roman, 12 pt Formatted: Bullets and Numbering Formatted: Font: Times New Roman Formatted: Font: Times New Roman, 12 pt Formatted: Bullets and Numb...

Ngày tải lên: 26/01/2014, 00:20

Ngày tải lên: 26/01/2014, 00:20

... returns to scale, all inputs are increased in the same proportion and no input is held fixed. 12. Can a firm have a production function that exhibits increasing returns to scale, constant returns

Ngày tải lên: 26/01/2014, 00:20

... toward the cheaper input. Thus, the expansion path bends toward the axis of the now cheaper input. 12. Distinguish between economies of scale and economies of scope. Why can one be present without

Ngày tải lên: 26/01/2014, 00:20

... downward pressure on price until price is equal to both marginal cost and minimum average cost. 12. Suppose a competitive industry faces an increase in demand (i.e., the demand curve shifts upward).

Ngày tải lên: 26/01/2014, 00:20

... demanded and hence consumer surplus, leading to a Chapter 9: The Analysis of Competitive Markets 120 deadweight loss because the farmer is not able to capture the lost surplus. Giving the farmers

Ngày tải lên: 26/01/2014, 00:20