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Explain the most important characteristic in perfect competition, monopolistic competition, oligopoly, and monopolies and relate the characteristic to how these firms can make profits in the short run. In your analysis, make sure to relate an example for each of the market structures listed and how it relates to the particular characteristics.
consumption300imports30government purchases150exportsnbsp80gnp700nbspnbspgross private dom. invest.100nbspnbspusing the
Describing how currency exchange rates are determined in markets.
Suppose you are the manager of College computers, a producer of customized computers that meet specifications needed through the local university.
analyze the effect of the political economy on trade agreements and policy. analyze the various countries to which the
1. marginal revenue product is defined as the change in total revenue that results from the employment of an additional
abc corp. owns a piece of land and building a few miles from its headquarters. the land originally cost abc 500000 to
Shows one set of production possibilities
Suppose that technophiles are willing to pay $400 now for the latest iPhone, but only $300 if they have to wait a year. Normal people are willing to pay $250, and their desire to purchase does not vary with time. Ignore the time value of money a..
Even before the metals and manufacturing companies described earlier, U.S. railroads in the nineteenth century were M-form organizations based on geography. Why might a large railroad be better organized as M-form than U-form?
You are required to analyse the strategy of a firm of your choice. You need to pick a firm and identify the strategy that the firm uses to compete with its rivals.
economic colleagues first pick one of the following explain two effects of an open economy on monetary and fiscal
Find the domestic price of hula beans that will result if the tariff is imposed. Also compute the dollar gain or loss to domestic consumers, domestic producers, and government revenue from the tariff.
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