Jevons Marshall

1- Jevons Marshall was an intelligent name the authors of the novel gave for the pen, Jevons Marshall is taken originally from the names of the economists Alfered Marshall and William Stanley Jevons which the authors had combined both names perfectly to give an exotic name to the pen. The authors of the novel Mystery of invisible hand were William Briet and Kennith G Elizinga who were co professors of economics at University of Virginia.
2- In monopoly there is zero competition, in the situation of monopoly one could sell at the price which they want as they are certain that consumers would still purchse the product, good, or serviceas there is no competioton and no other option for them to purchase what they want. The monopoly controller has the ability to put the prices he/she wishes for and wheather to rise or decline the price of origin. There is zero competition in such situation one would want to have parallel price for what others are selling their prooducts for, because there are other artists selling paintings and other
As identified in the novel and shown how economist work hard and are addicted to their job they aren’t satisfied with their salaries, so due to supply law it leads them to become deans of business schools, as they have higher chances in an increase in their salary.
6- The government has not been letting the locals pay the taxes however, there is an increase tax on hotel rooms to be paid by the foreigners to raise money for building a stadium, the stadium cost will be $200 million. Camptons analysis were argued by Spearman as this large amount of money could rather be spent on something more beneficial to the city and the citizens rather than a stadium, hence the people of San Antonio aren’t paying for the taxes, the money should have still be going to beneficial public sectors and services for the citizens of the