PART A: Answer any 5 of the questions A.1 – A.7. Do not answer additional questions. This part is worth 15% of the exam.

Briefly define and give a specific example of:

Don't use plagiarized sources. Get Your Custom Essay on
Just from $13/Page
Order Essay

A.1. Perfect competition

A.2. Monopoly

A.3. Monopolistic competition

A.4. NAICS Code

A.5. Location Quotients

A.6. An inverse matrix

A.7. Price discrimination

PART B: Answer each of the questions B.1 – B.3. This part is worth 30% of the exam.

B.1. Why is “1” a critical value in terms of Location Quotients? If the Location Quotient of some industry is greater than one, what does this mean for the area whose Location Quotient this is?

B.2. Why do all suppliers want to price discriminate?

B.3. Why don’t all suppliers price discriminate?

PART C: Answer only 1 of the questions C.1 – C.2. Do not answer additional questions. This part is worth 55% of the exam.

C.1. Outline the structure of an input-output model (including assumptions about supply and demand). What is an inverse matrix? Why is inverting a matrix significant in terms of input-output analysis?

C.2. Describe a Linear Programming (LP) Problem. Specifically, describe (you can use an example):

  • Primal      Linear Programming Problem
  • Dual      Linear Programming Problem
  • Interpretation      of the Primal Linear Programming Problem
  • Interpretation      of the Dual Linear Programming Problem

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Live Chat 1 763 309 4299EmailWhatsApp

Order your essay today and save 15% with the discount code GINGER