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Questions and answers by
Evaristi Paulo
Questions (257)
According to the model presented in this chapter, what determines the
amount of entry or exit a given industry experiences?
1 answer
160 views
True or false? In long-run industry equilibrium no firm will be losing
money.
1 answer
160 views
True or false? Convenience stores near the campus have high prices
because they have to pay high rents with reason's
1 answer
243 views
True or false? Convenience stores near the campus have high prices
because they have to pay high rents.
1 answer
105 views
In the short run the demand for cigarettes is totally inelastic. In the long run, suppose that it is perfectly elastic. What is
1 answer
230 views
If Sl (p) = p- 10 and S2(p) = p- 15, then at what price does the industry
supply curve have a kink in it? Use step by step to
1 answer
211 views
If Sl (p) = p- 10 and S2(p) = p- 15, then at what price does the industry
supply curve have a kink in it?
1 answer
101 views
Suppose that the amusement parkowner can practice perfect price discrimination by charging a different price for each ride.
1 answer
164 views
Suppose that a monopolist sells to two groups that have constant elasticity demand curves, with elasticity €1 and €2. The
1 answer
168 views
Will a monopoly ever provide a Pareto efficient level of output on its own?
1 answer
152 views
True or false? Imposing a quantity tax on a monopolist will always
cause the market price to increase by the amount of the tax.
1 answer
104 views
Show mathematically that a monopolist always sets its price above marginal cost.
1 answer
111 views
The government is considering subsidizing the marginal costs of the monopolist described in the question above. What level of
1 answer
165 views
If the demand curve facing the monopolist has a constant elasticity of 2,
then what will be the monopolist markup on marginal
1 answer
204 views
A monopolist is operating at an output level where (€) = 3. The government imposes a quantity tax of $6 per unit of output. If
1 answer
200 views
If D(p) = 100/p and c(y) = y2, what is the optimal level of output of
the monopolist?
1 answer
236 views
If D(p) = 100/p and c(y) = y2, what is the optimal level of output of
the monopolist? (Be careful.)
0 answers
120 views
The monopolist faces a demand curve given by D(p) =10p^-3 Its cost
function is c(y) = 2y. What is its optimal level of output and
2 answers
232 views
The monopolist faces a demand curve given by D(p) = 100 - 2p. Its cost
function is c(y) = 2y. What is its optimal level of output
1 answer
253 views
1. The market demand curve for heroin is said to be highly inelastic. Heroin
supply is also said to be monopolized by the Mafia,
1 answer
162 views
Graphically explain tax incidences (who bears the burden)under the following scenarios:
a)Perfect inelastic supplycurve and
1 answer
165 views
Who bears the burden under the following scenarios:
a)Perfect inelastic demand curve and normal supply curves b)Perfect elastic
1 answer
189 views
Discuss the usefulness and limitationof various tax rates systems in most of the
developing countries. Use Tanzania as a case
1 answer
126 views
Discuss the usefulness and limitationof various tax rates systems in most of the
developing countries. Use Tanzania as a case
0 answers
114 views
Write short notes on the causes of the ongoing outcry in developing countries following
poor performanceof the tax revenues. What
1 answer
123 views
Considering that you have wider knowledge in taxation, the Ministry of Finance and
Planning assigned you a task to evaluate the
1 answer
139 views
The use of indirect tax has been applauded to be good in increasing tax revenues, however
it has received several critics from
1 answer
164 views
The amount of tax revenues collected across countries depends mainly on the nature and
types of taxes.With explain different
1 answer
236 views
Write short notes on the implicationof theCoase Theoremin Tanzania context.
2 answers
129 views
Wooden companies in the Tanzania cut down many trees on publicly owned land and
many trees on privately owned land. Discuss the
1 answer
167 views
Think of one of the problems of negative externality in either the use or the supply of
impure public goods that you have
1 answer
149 views
What are the causes of market failure and how can one solve them?
0 answers
116 views
Write short notes on types of externalities and their implication
1 answer
121 views
b)Write short notes on the causes of market failure, and suggest ways of overcoming it.
1 answer
139 views
a)DistinguishbetweenMarket Failureand Government Failure?
1 answer
110 views
a)DistinguishbetweenMarket Failureand Government Failure?
b)Write short notes on thecauses of market failure, and suggest ways of
0 answers
143 views
Critically explain objective and tools of fiscal policy?
1 answer
112 views
Critically explain objectives and tools of fiscal policy?
0 answers
134 views
Critically explain objectives and tools of fiscal policy?
0 answers
151 views
Distinguish between fiscal and monetary policy?
1 answer
126 views
Write short note on the typology of fiscal policy and explain how can fisical policybe used to stimulate the economy.
1 answer
115 views
Graphically explain tax incidences (who bears the burden)under the following scenarios:
a)Perfect inelastic demand curve and
0 answers
160 views
What is Neutral fiscal policy
1 answer
121 views
What is discretionary fiscal policy
1 answer
166 views
What are the Objective of fiscal policy
1 answer
124 views
Limitation of fiscal policy
1 answer
109 views
Explain the concept of contractionary fiscal policy and expansionary fiscal policy on:
a)Purchesing power b)Inflation c)Fiscal
1 answer
152 views
Explain the concept of contractionary fiscal policy and expansionary fiscal policy on:
a)Aggregate demand b)Consuption
1 answer
149 views
The following regression equation for quantity supplied was estimated
using a sample of fiftyobservations. Q= 2.2 + 0.104P. (3.4)
1 answer
140 views
The following regression equation for quantity supplied was estimated
using a sample of fiftyobservations. Q= 2.2 + 0.104P. (3.4)
1 answer
133 views
The following regression equation for quantity supplied was estimated
using a sample of fiftyobservations. Q= 2.2 + 0.104P. (3.4)
1 answer
129 views
.The following regression equation for quantity supplied was estimated
using a sample of fiftyobservations. Q= 2.2 + 0.104P.
1 answer
130 views
How to test hypothesis
1 answer
130 views
The following table gives information on ages and cholesterol levels for a random sample of 10
men. Age58694339635247317436
0 answers
295 views
Assume that you in charge of the Central Bank (BOT). You are given the
following information on macro economic variable, quantity
1 answer
132 views
Suppose the MU decides to model students’ GPA as a linear function of
time spent in lectures (T) in hours, such that GPAi = α
1 answer
132 views
The following regression equation for quantity supplied was estimated
using a sample of fiftyobservations. Q= 2.2 + 0.104P. (3.4)
1 answer
165 views
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