BUSI 620 help Making Decisions/uophelp.com BUSI 620 help Making Decisions/uophelp.com | Page 40
If an increase in output by a firm imposes uncompensated costs on other
firms, these costs
are referred to as
Question 22
A firm can borrow at an interest rate of 5%. Its marginal tax rate is 40%.
What is its cost of
debt?
Question 23
Which of the following is a condition required for the practice of price
discrimination?
Question 24
In the short run, a monoplist will shut down if it is producing a level of
output where
marginal revenue is equal to shortrun
marginal cost, but price is
Question 25
An individual has a certainty equivalent coefficient equal to 0.4. What is
the most this
individual would pay to play a game that pays $50 or $30 with equal
probability?
Question 26
In repeated games, a strategy that involves attacking players that attack
you and
cooperating with players that cooperate with you is a
Question 27
One difference between the public interest theory and the economic
theory of regulation is