Question: Please ans all the question and Must be make as longer as the mark distribution . Also add explanation all the question must be needed.

Please ans all the question and Must be make as longer as the mark distribution . Also add explanation all the question must be needed.

II Submit you work through googie class-room (instruction attached). 0 You must provide graph aiong with the explanation, ifthe question asksfor it. Question I. (a) Consider the mobile banking industry of Bangladesh. Which type of market structure can explain the market mechanism in this industry? Provide three reasons in support of your answer. (5) (b) Under what circumstance the mobile-banking industry of Bangladesh might behave like a monopoly market? Explain why. (5) Question 2. (3) Explain three types of price discrimination and provide one example of each type of price discrimination. (5) (b) In which case a prot-maximizing monopolist will be resource-allocative efcient? Explain your answer. (5) Question 3. Suppose initially there is a monopolistically competitive rm earning positive prot in the market. How will the market adjust to a new long-nut equilibrium? Explain and provide adequate graph to supplement your answer. (5) Question 4. (a) Explain the concept of consumer equilibrium in terms of the Equi-marginal principle, Provide appropriate graph for explaining you answer (5) (b) Suppose you have a budget of 1000 take. The price of one unit of X is 20 taka, and the price of one unit of Y is 10 taka. If X provides you utility and Y gives you disutility, what is the equilibrium amount of X and Y for the consumer? Explain your answer using appropriate graph
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
