Solve all
a) Suppose that the two firms colluded and agreed to each produce half of the monopoly output. Solve for the value of collusion V C and the value of deviation V D . What is the minimum discount factor ? required to sustain collusion?
b)Now suppose that the government forms an antitrust authority whose job is to prevent the firms from colluding. This authority could detect collusion with probability q = 0.2 but for political reasons, the largest fine they could impose on a firm caught colluding is F = 2500. What is the highest possible discount value ? of firms that they could successfully prevent from colluding.
c)Suppose that the government's antitrust authority only cares about consumer surplus. What is the most the government would be willing to pay in order to prevent collusion?
The average salary for first year employees and tenured employees at a certain university working in the fields of physics, chemistry, and astronomy are shown in the table below. Salaries are given in thousands of dollars pir your Physics Chemistry Astronomy First-year Salary 95 Tenured Salary 135 (0) Make a comparative bar chart for these data. 350 350 350 300 300 300 250 250 250 200 200 200 Average Salary (thousand $ Average Salary (thousand $1 Average Salary (thousand : 150 150 150 100 100 100 50 50 .IJ Ist ytenured Ist pitenured Ist yitenured Is ytenured IM penured Ist pitenured Is y Femured Ist ytenured Ist pitenured Physics Chemistry Astronomy )O Physics Chemistry Astronomy TO Physics Chemistry Astronomy 350 300 250 200 Average Salary Chousand $ 150 100 50 Im yitenured Ist pitenured ist yifenured Physics Chemistry Astronomy O (b] What is the difference in salaries (in thousands of dollars] for a tenured versus a first-year employee working in chemistry? 145 * thousand dollarsUse the following to answer questions 8-9: Table: Balance Sheet Assets Liabilities Reserves $20,000 Deposits Loans 8. (Table: Balance Sheet) Refer to the information in the balance sheet. If the reserve ratio is 25%, deposits are: A) $5,000. B) $15,000. C) $60,000. D) $80,000. 9. (Table: Balance Sheet) Refer to the information in the balance sheet. If the reserve ratio is 25%, loans are: A) $5,000. $15,000. C) $60,000. D) $80,000.Question 2 (2 points) When contract disputes arise in international trade, there is always the question of which country's laws to apply. To resolve this issue, a number of countries, including the United States, have ratified the _, which establishes a uniform set of rules governing certain aspects of commercial contracts for international transactions. O A) United Nations Convention on Contracts for the International Sale of Goods O B) Foreign Practices Act (C) Convention on Combating Bribery of Foreign Public Officials D) International Court of MediationO QUESTION 3 Jason has $100,000 to invest in a savings account. He has two options: Option A earns 4% interest compounded quarterly, and Option B earns 3.994 interest compounded continuously. Which account will be more valuable after 10 years? O Option A O Option B QUESTION 4 These two questions Jason has $100,000 to invest in a savings account. He has two options: Option A earns 49% interest compounded quarterly Option B earns 3.99% Interest compounded continuously. How much more money will be in the more valuable account after 10 years? Send a chat Click Save and Submit to save and submit. Click Save All Answers to save all answers. Saye All OQUESTION 44 Fill in the blank(s) below. Possible options are given in the parentheses after each blank. Note that in order to get credits for this question, your answers must be completely correct. There is no partial credit so as to discourage you from simply guessing the answers. A cut in military spending and an expansion of an investment tax credit would definitely cause the (price, quantity) of loanable funds traded in the loanable funds market to (increase, decrease). QUESTION 45 Look at Figure 3.2 in Section 1.2. Suppose you know that, at a price of $4, the quantity supplied is 10 million pounds, and at a price of $7, the quantity supplied is 40 million pounds. What is the quantity supplied when price is at $5? Type your answer as a whole number. Round it if necessary. Leave out the unit of measurement: For example, if your answer is 17 million pounds, type it as 17, not 17,000,000
