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True, false, or uncertain: If the motive for a merge is for the participating ?rms to lower their combined ?xed costs of production (and share the ?xed costs of producing the combined quantity ina single ?rm) then consumers are necessarily harmed by the merger.
Write a four to five (4-5) page paper in which you: 1.Describe the business and explain the general pattern of change of the particular market model indicating how this change is likely to impact business operations. 2.Hypothesize the basic short-run..
A consumer has a utility function, donuts (A) and peaches (B) given by u(A,B) = squareroot AB. Now suppose the price for donuts is .75 cents a unit. what is the maximizing combination of donuts and peaches.
Suppose that the demand for reserves when the federal funds rate exceeds the interest rate on reserves is given by D=40-(2*i); where I is the federal funds rate in percent and D is expressed in billions of dollars. Calculate the equilibrium federal f..
Suppose industry abatement costs rise from $850 million in 2004 to $1,000 million in 2005 in nominal terms and that the CPI is 100 in 2004 and 106 in 2005. Evaluate the change in costs over the period in real terms, first in 2004 dollars and then in ..
Future value: annuity versus annuity due, What's the future value of a 10%, 5-year ordinary annuity that pays $800 each year? Round your answer to the nearest cent.
Show that a monopolist always advertises too much when measured by the yardstick of the preadvertising tastes. Show that the result also holds when measured by the yardstick of postadvertising tastes.
A firm is considering entering a market where demand for its product is Q = 100 - P. This demand function implies that the firm's marginal revenue function is MR = 100 - 2Q. The firm's total cost of producing the product for that market is TC = 1000 ..
You are trying to sell your audio system (an amplifier and speakers) to raise money for an upcoming trip to overseas. The system works great, and audiophile friend tell you that if he were in the market for this kind of equipment (which he isn’t), he..
The different forms of globalization have no effect on one another. The modern state emerged following the American Revolution. There are six identifiable waves of globalization. The integration of European Union countries was a key issue in the 2011..
For a perfectly competitive firm, the price of its product is $3.50. If an additional unit of a resource yields a value of the marginal product (or MRP) equal to $24.50, what is the value of the marginal-physical product? A firm's objective in busine..
Why might a producer use a designer label to differentiate her product from that of another producer? Provide an example to explain your answer
What are the differences between economic and accounting concepts of cost? How are prices determined under perfect competition? How are prices determined under monopoly?
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