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2,000 years ago gladiators fought in the Coliseums of Ancient Rome making huge salaries. Is this an example of a "Winner - Take" all society? Explain how this is still a big part of today’s US or any other typical Western Society. What about a NFL Football Players wages too?
What is the optimal transfer price for the basic plastic item . At what price should the marketing division sell its product.
An automobile factory sold $10,000,000 in automobiles to final consumers. Given these events, calculate the GDP of Autoland using a. the final goods approach. b. the value-added approach.
A profit maximizing monopolist hires workers in a perfectly competitive labor market. Employing the last worker increased the firm’s total weekly output from 110 units to 111 units and caused the firm’s weekly revenues to rise from $25,000 to $25,750..
Suppose that government decides to charge cola consumers a tax. What is incidence of tax that falls on producers.
q1. calculate the total fixed costs total variable costs average fixed costs average variable costs average total costs
Illustrate what are open-market operations? How are they conducted to fight inflation and recession. Write your answers completely.
how do shifts in provide also demand influence price, quantity also marketplace equilibrium of toilet paper.
Assume that the firms form a cartel to maximize total industry profits. Determine the optimum output as well as selling cost for each firm.
In each of the following situations, the possible bundles contain apples and oranges and either 0, 1 or 2 of each. An example bundle would be 2 apples and 1 orange = (2, 1). In each part, there is a description of a set of preferences. If the orderin..
Average revenue schedule of a simple monopolist is : What is the market-clearing price for the monopolist? How much will the monopolist produce? What is the net profit of the monopolist?
Illustrate what should be the production level if the producer operates in a monopolistic competitive market where the cost of software at each possible quantity
Evalute with 95% confidence the decrease in percentage support between now and 6 months ago.
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