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In a competitive business environment, firms are said to break-even in the long-run. What does this exactly mean, and why does it happen? In answering this question, differentiate specifically between the short-run and the long-run. Does this long-run break-even outcome apply to all market structures, and why?
Suppose the market for cigarettes is characterized by the following information : Suppose the government impose a sales tax of $2 per unit. Calculate the Dead-Weight-Loss due to the sales tax.
Please explain and provide examples of companies in your explanation.
Which of the following shifts aggregate demand to the right?
Do multinational corporations (that operate in several countries) distort the "trade surplus/trade deficit" figures for the U.S. given that a portion of trade is intra-firm in nature? Explain why or why not.
He expects to receive 100 equal monthly payments from the investment; the first payment is expected in one year. Find the size of the payments.
Enterprises conduct business transactions with other enterprises for a number of economic, business and strategic motivations.
Using the IS/LM/BP model and assuming perfect capital mobility, explain : how a decrease in foreign income affects domestic output. how an appreciation of the domestic currency affects domestic output.
q.a borrower takes out a loan from a bank and can invest in a risky project that will produce revenue of 185 with
Identify a market failure that plays an important role in a movie, novel, short story, TV show, or song. Explain what the market failure is and how it is presented in the source. For example, one of my favorite movies is "Open Range," a western starr..
Draw a supply and demand diagram to show what happens to price, quantity, consumer surplus (CS), and producer surplus (PS) in the market for computers.
The theory of public choice suggests that
There is no evidence that the bar owners ever directly communicated. Do you think this is a violation of Section 1 of the Sherman Act?
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