(28 points) Suppose a monopolist faces the following demand curve: P = 180 – 4Q. Also, the long run total cost of the monopolist is given by 40Q +1….
September 3, 2020
Please refer to the article, The Poverty Business, to answer the following questions in 250 words, APA format and references if used. http://www.businessweek.com/magazine/content/07_21/b4035001.htm1. What is the responsibility of for-profit companies to attempt to help customers like Roxanne Tsoisie see the dangers of indebtedness?2. Assuming that Byrider is acting legally, is it acting ethically?3. Under what conditions must costumers take responsibility for their decisions?4. Do you believe that customers who are poor credit risks deserve to be charged higher interest rates? If you say yes, are you not taking advantage of customers who can least afford to pay extra for the things that they buy?5. Do you believe that every consumer pays hidden or unanticipated charges for the things that they buy? High interest rates on unpaid balances? Annual membership fees? Service charges? Are such charges ethical? Do you want to work for companies that make such charges?
September 3, 2020
In a day of production, firms in Angola can produce 200 liters of oil or 100 kilograms of tungsten. Firms in Namibia can produce 160 liters of oil or 60 kilograms of tungsten. Which country has an absolute advantage in the production of tungsten?Both countries are equally advantageous in production. Neither country has an advantage in production. Angola has the absolute advantage. Namibia has the absolute advantage. In a day of production, firms in Angola can produce 200 liters of oil or 100 kilograms of tungsten.Firms in Namibia can produce 160 liters of oil or 60 kilograms of tungsten. Which country has an…
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