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An industry consists of 5 firms, with sales of $100,000, $500,000, $400,000, $300,000, and $200,000. Now, suppose the largest and smallest firms merge.
-Calculate the four-firm concentration ratio (C4) before the merger.
-Calculate the Herfindahl-Hirschman index (HHI) before the merger.
-Calculate the four-firm concentration ratio (C4) after the merger.
-Calculate the Herfindahl-Hirschman index (HHI) after the merger.
Advertising can inform buyers, but sellers must incur costs to advertise. If so advertising can result in higher prices to consumers.
Explain, using the statistics of government expenditure, personal taxation rates and transfer payments , what fiscal policy stance did the 2011-12 Federal Budget take?
Several years ago, the orange growers of Florida launched a marketing campaign in which the spokesperson, while holding a can of California almonds, told viewers: "One can a week. That's all we ask."
Determine what did classical economists suppose about flexibility of values, wages, and interest rates and what disagreements did Keynes have with classical economists?
Describe the types of trade barriers, their implications on the market and how international organisations act to restrict and regulate these barriers.
You're the absolute czar and head of union of 1,000 plumbers in Austin, Texas. You've the absolute power to set the wage at which the plumbers will work. You wished to achieve full employment at highest possible wage; (b) you wished to maximize the..
Limit your reaction to stratigies which can work and reasons for their success.
In the following question briefly describe how the exchange rate for the dollar would likely change in the short-run (ceteris paribus) and state whether the dollar appreciates or depreciate.
Before September 1992, the lira or DM exchange rate could fluctuate through up to 2.25% up or down. If central banks ensured that the lira or DM exchange rate band was set in this way and could not be changes,
The present spot exchange rate is $1.55/£ and the 3M forward rate is $1.50/£. On the basis of your analysis of the exchange rate.
mike patrik, a recent ME graduate from MIT, expects to take out a loan to purchase an SUV for $30,000 with a down payment of $10,000. The loan she takes out requires her to pay monthly installments of $400 for 4 years. What is the effective annua..
In the late 1960s, Milton Friedman and Edmund Phelps argued that there was not a structural relationship between inflation and unemployment rates. In particular, the trade off could only exist in the short -run.
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