Homework answers / question archive /   What are the reasons for the existence of monopoly? (b) Which of these did Alcoa use to establish and retain a monopoly? Problem 1 If the market demand and supply functions for pizza in Newtown were: QD = 12,000 - 1,000P QS = -4,000 + 1,000P Determine algebraically the equilibrium price and quantity of pizza

  What are the reasons for the existence of monopoly? (b) Which of these did Alcoa use to establish and retain a monopoly? Problem 1 If the market demand and supply functions for pizza in Newtown were: QD = 12,000 - 1,000P QS = -4,000 + 1,000P Determine algebraically the equilibrium price and quantity of pizza

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What are the reasons for the existence of monopoly? (b) Which of these did Alcoa use to establish and retain a monopoly?

Problem 1

If the market demand and supply functions for pizza in Newtown were:
QD = 12,000 - 1,000P
QS = -4,000 + 1,000P

Determine algebraically the equilibrium price and quantity of pizza.

** The tariff-inclusive price will be $3(1+.33) = $4. What are the impacts of tariff on domestic consumption, domestic production, imports, and government's tariff revenue?

8. The Halloran Specialty Food Company impost specialty foods from Europe and pays for imports in euros. The financial officer of the company notices that the dollar/euro exchange rate fluctuates continuously, sometimes even by several percentage points in the course of a few days. (a) What risk does the company face? (b) How can the company cover this risk?