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Author Question: Which of the following is a necessary condition for government subsidies to influence a firm to ... (Read 38 times)

arivle123

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on: Jul 1, 2018
Which of the following is a necessary condition for government subsidies to influence a firm to choose an output level as if it were a Stackelberg leader?
 
  A) The subsidy must be announced before the firms choose output levels.
  B) The subsidy must be equal to the firm's marginal cost.
  C) The subsidy must be equal to the firm's rival's marginal cost.
  D) The firm does not have any fixed costs.

Question 2

XYZ Co operates in a competitive market. Its production function is q = LK. The exponents,  and , are both less than 1. The firm's capital is fixed, and it takes the wage and price as given. Derive the firm's short-run demand for labor as a function of K, w, and p. How does the firm react to an increase in the wage rate?
 
  What will be an ideal response?
Microeconomics ¦ Perloff ¦ 8th Edition
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AmberC1996

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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arivle123

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Reply #2 on: Jul 1, 2018
Correct answers!


AmberC1996

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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