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Assume that the market shares for antidepressants are as follows: Brand Market Shares Prozac 40% Paxil 25% Zoloft 25% others 10% (a) Calculate the Herfindahl-Hirschman Index (HHI) for the antidepressant market based upon these market share numbers. (b) Calculate the Herfindahl-Hirschman Index (HHI) for the antidepressant market under the assumption that the makers of Prozac and Zoloft merge. (c) Is the proposed merger of the makers of Prozac and Zoloft dangerously anti-competitive?
Assume that over a range of prices, the price elasticity of demand varies, total revenue curve over these two ranges of the demand curve as price fall.
You have become concerned to the rm's sales are presently lower than the profit maximizing level, given the marginal cost of $1500 per workstation.
Suppose a profit maximizing automobile manufacturer produces its output in two plants, one in the U.S. and the other in Canada. The total costs of producing in the two plants are identical, except that the output produced in the U.S. is subject to a ..
Explain, in economic terms, how this arrangement with Delta and United could have caused the value of SkyWest to increase so dramatically even though it limited the amount of profit the company could earn.
Elucidate how much should Joseph's income increase to compensate for the rise in the price of roses?
By how much has the money supply increased or decreased? If the money multiplier is 5, how much money will ultimately be created by this event?
Think of an externality in your community. Explain what type of externality it is. How can it be resolved (through the market and/or through government policies)?"
Determine tax that would in a monopolistic market producing socially efficient output. Assuming that no attempt is made to monitor or regulate pollution, which market structure yields higher social welfare. Discuss.
Where Q is the production and V is the number of employees working 8 hours a day
q.postcard bangalore. hearts set on joining economy globally as indian it workers are brushing up on their
Elucidate how many rounds of golf also games of curling will Seignior Cruz play in a week. Give an economic interpretation for the value of the Lagrangian Multiplier.
The problem is that the professors also want to attend the party and enjoy the music with the students but they can only attend if they agree to serve beer to the students. Normally, professors do not like this. The marginal cost to them is 200.
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