Question
Please Help with these questions 1.give an opinion, is Microsoft a monopoly? If not, which qualification is not satisfied? A reference link (URL) supports the
Please Help with these questions
1.give an opinion, isMicrosofta monopoly? If not, which qualification is not satisfied? A reference link (URL) supports the answer
2.The following table shows the daily demand schedule for round-trip flights between Houston and New York City for business travelers:
Demand Schedule of Business Travelers
Price QD
$1,000 300
$800 500
$500 800
$300 1,000
Suppose an airline's marginal cost per seat for the round-trip flight is $300. For profit-maximization, how much should the airline chargeper round-trip? Show your process. (Hint: Apply the "half-way rule" ofMRfor monopoly).
3.The sports shoe industry is an oligopoly market. If Nike cuts the product price, how will Adidas react? In contrast, if Nike raises the product price, what will Adidas do? Just give a general comment.
1.Which of the following people would we expect to be hurt by an increase in the inflation rate from 3 percent to 6 percent?
- A homeowner with a $50,000 fixed-rate mortgage on his home.
- A retired person who receives a monthly pension of $500 from her former employer.
- An automobile worker with a cost-of-living provision in his employment contract.
- An individual who owns corporate bonds that pay her an interest rate of 8% per year
Your choice and explanation are expected.
2.Everyone is facing the competition of artificial intelligence (A.I.) in the labor market. Which type of unemployment (i.e., defined in Chapter 10) can explain the phenomenon? Or, is it a new type of unemployment? Please discuss the issue with your own insight.
3. apply the AD-AS analysis to comment on the possible impacts of the Coronavirus Aid, Relief, and Economic Security (CARES) Acton the U.S. real GDP in 2021. Please state the shift(s) of AD-AS curves. A reference link (URL) to an article that supports your answer is required.
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