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How does imperfect competition lead to price exceeding marginal cost? Why is that a problem for society at-large?What does the concentration of large sellers have to do with this?

Posted on November 17, 2021 by Shady

Answer each of these questions in no more than a few paragraphs 1. Describe as precisely as you can: a) Some of the merits of perfect competition b) Some of the impediments to achieving perfect competition c) Some of the harms of imperfect competition 2. Why is the equality of price and marginal cost important? […]

How did American liberal thought change, over the course of the period 1607 to 1860? Who is entitled to liberty? What kind of liberty or equality is desirable? Are liberty and equality always good things? What are some of the tensions or contradictions within American liberalism, and how did American thinkers confront them ?

Posted on October 22, 2021 by Shady

For the second part of your exam essay, describe the evolution of American thinking about the meaning of liberty, rights, and equality, culminating with the Cooper Union Address you analyzed in part one. Here are some of the questions you will wish to address: How did American liberal thought change, over the course of the […]

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