Please brief the following:
The short-run market supply curve:
-Elasticity of market supply
-producer surplus in the short run
-Elasticity of market supply
-producer surplus in the short run
The analysis of competitive markets:
-Evaluating the gains and losses form government policies-consumer and producer surplus
-The efficiency of a competitive market
-minimum prices
-price supports and production quotas
-Import quotas and tariffs
-The impact of a tax or subsidy
-Evaluating the gains and losses form government policies-consumer and producer surplus
-The efficiency of a competitive market
-minimum prices
-price supports and production quotas
-Import quotas and tariffs
-The impact of a tax or subsidy
Market power: Monopoly and Monopsony
-Monopoly
-Average revenue and marginal revenue
-The Monopolist’s output decision
-An Example
-A rule of thumb for pricing
-Shifts in demand
-The effect of a tax
-The Multiplant firm
-Monopoly
-Average revenue and marginal revenue
-The Monopolist’s output decision
-An Example
-A rule of thumb for pricing
-Shifts in demand
-The effect of a tax
-The Multiplant firm
Monopoly Power:
-Measuring Monopoly power
-The rule of thumb for pricing
-Measuring Monopoly power
-The rule of thumb for pricing
Sources of Monopoly Power:
-The Elasticity of Market Demand
-The number of Firms
-The Interaction Among Firms
-The Elasticity of Market Demand
-The number of Firms
-The Interaction Among Firms
The social costs of Monopoly power:
-Rent seeking
-price regulation
-natural Monopoly
-regulation in practice
-Rent seeking
-price regulation
-natural Monopoly
-regulation in practice
Monopolistic Competition:
-The makings of monopolistic competition
-Equilibrium in the short run and the long run
-Monopolistic competition and economic efficiency
-The makings of monopolistic competition
-Equilibrium in the short run and the long run
-Monopolistic competition and economic efficiency
Oligopoly:
-Equilibrium in an Oligopolistic market
-The Cournot model
-The linear demand curve
-First Mover Advantage-stackelberg model
-Equilibrium in an Oligopolistic market
-The Cournot model
-The linear demand curve
-First Mover Advantage-stackelberg model
Competition versus Collusion: The prisoners dilemma
Implications of the prisoners dilemma for Oligopolistic pricing:
-Price Rigidity
-Price Signaling and Price Leadership
-The Dominant Firm Model
-Price Rigidity
-Price Signaling and Price Leadership
-The Dominant Firm Model
Cartels:
Analysis of Cartel Pricing
Analysis of Cartel Pricing
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