Principles of Microeconomics

  Analyze either American Factory or Modern Times movies regarding how firms try to tackle diseconomies of scale and improve their technical efficiency, which leads to economic efficiency. I expect one-two pages essay with a 12pt font size. What is the movie...

Principles of Microeconomics

Your answers should include proper graphs, diagrams and figures. These will really aid in your solutions. Define the relationship between diminishing marginal product and marginal cost.How does accounting profit differ from economic profit?State three characteristics...

Principles of Microeconomics

List the private solutions that can be used to deal with externalities.What are corrective taxes and what are they designed to achieve?What is the Coase theorem and how does it affect the distribution of rights? Why do interested parties sometimes fail to solve an...

Principles of Microeconomics

Seminar: Principles of Microeconomics Tobias Bru ?nner Preparing an assignment Here are some guidelines for the preparation of your assignment. You should also care- fully read your module handbook which has much more information about assignment preparation....