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Q1. How does your analysis of VMP change if employer is a monopolist producer of its output but price-taker in the labor market?
Q2. Canadian gas companies shipped 21.4 billion cubic meters to the US last year, up from 20.1 billion in 1983, according to figures released Tuesday by the Canadian Gas Association. But lower prices permitted under new federal regulations instituted last year, reduced the over-all take from $3.94 billion to $3.92 billion."
Compute demand of price elasticity of for natural gas sold to the US.
Identify the causes of the crisis, the steps the private and public sector took to resolve it, and what leaders should do to keep it from happening again.
Identify three types of competition that most firms encounter other than competition from other firms in their industry in their home country.
Given the following annual information about a hypothetical country, answer questions a through d
Government encourage a decision to expand? How would it affect the reputation of the business?
What are the advantages and disadvantages of each method. What do you suppose led each company to make their choices.
Assume a one-time decrease in population, possibly caused by an onset of disease or a sudden out-migration.
The total demand as well as for money is equal to the transactions demand as well as plus the asset demand as well as for money.
Compare the effects of the drought under the tariff with those under the quota
Producing nations outside the organization, like Britain and Norway, should do their share and cut production.
Suppose that the supply curve of healthcare services is perfectly inelastic. Analyze the impact of an increase in consumer.
If the average income in the town increases to 15, solve for the new equilibrium Quantity and equilibrium Pb.
How do prices, output, and profits differ between monopolies and monopolistically competitive firms.
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