Economics Questions
Explore questions in the Economics category that you can ask Spark.E!
Sometimes differentiated positions in markets becomes so entrenched or significant that it creates intra-industry barriers to ________________ and clusters of firms called ____________________
Summary and Takeaways - Sequential Games_______________ of actions must be _____________________ to influence the game
Monopoly rents are sustained only if there is ___________
Game theory also tried to predict what outcome non-cooperating players will
Arguments for monopoly:-The beneficial effects of ________________, __________________, and __________________ on price and output may outweigh the negative effects of ____________-Encourages ___________
Monopoly provides economic profits by eliminating _______________ and protecting against ________________.
Under monopoly conditions:The _______________ is the demand curve faced by the firm
The inability to jump between groups is known as a
Monopolists choose the ________ quantity given the demand curve - they cannot choose both ______________
Under perfect competition:The average firm is a "________________"
To understand the competitive landscape you should identify _________________ and _______________
Firm chooses quantity such that ___ = ___
Firm chooses quantity to maximize profits which is the distance between...
which could be considered sources of subsistence
US imports _______% of their energy needs
best way to increase efficiency of travel by car?
between combined in cogeneration which is more efficient
which fossil fuel poses the largest threat to environment through combustion?
What is the efficiency of energy transfer from fuel to electricity?
What type of fuel do we use in a nuclear reactor?