For the next 3 questions, use the following scenario: A monopoly firm is facing a cost function of C=5*Q^2 (MC=10*Q) and a demand function of P=200-45Q (MR=200-90Q).

For the next 4 questions, use the following scenario: The first table presents a polluting firm’s private benefit/cost functions and social benefit/cost functions. The second table presents four scenarios of the tradeable pollution permits market. Production Quantity MSB=MPB   MPC   MSC 1 $60 $15 $45 2 55 25 55 3 50 35 65 4 45 45 75 5 40 55 85 6 35 65 95 7 30 75 105     Tradable Pollution Permit Scenarios Firm’s endowment of Permits Market Price per Permit Scenario A 1 permit $40 Scenario B 2 permits $30 Scenario C 3 permits $20 Scenario D 4 permits $10  

For the next 4 questions, use the following scenario: The first table presents a polluting firm’s private benefit/cost functions and social benefit/cost functions. The second table presents four scenarios of the tradeable pollution permits market. Production Quantity MSB=MPB   MPC   MSC 1 $60 $15 $45 2 55 25 55 3 50 35 65 4 45 45 75 5 40 55 85 6 35 65 95 7 30 75 105     Tradable Pollution Permit Scenarios Firm’s endowment of Permits Market Price per Permit Scenario A 1 permit $40 Scenario B 2 permits $30 Scenario C 3 permits $20 Scenario D 4 permits $10  

Which game does free-rider problem resemble most

There are six firms in an industry with sales at $1 million, $3 million, $5 million, $7 million, $8 million, and $12 million, respectively. The four-firm concentration ratio is:

Choose the correct option to make the sentence TRUE: In the case of Nike, if the workers in foreign factories knew about the working conditions, …

Which of the following is a common concern that NGOs may have when choosing to collaborate with a corporation, as illustrated in the Starbucks case?

For the next 3 questions, use the following scenario: The table shows the number of outputs US and Canada producers can make in one hour. The figure shows US tariff effect upon a certain imported good.     US Canada Bread 4 loaves 3 loaves Steel 3 tons 2 tons

From the second table, which permit scenario has the highest profit for the firm?

From the first table, which of the following statements is correct?