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We’ve seen that monopolistically competitive firms will try to differentiate their products in order to eliminate substitutes. Are there comparable measures that can be taken in labor markets to decrease the number of “substitutes” for some types of labor? If so, what are the measures? Can you provide an example?
Suppose that Poland had exports of $100 billion in 2014 and imports of $150 billion. What was its net capital flows in that year? Give two examples of transactions that are part of the net capital flows of Poland, and indicate whether they enter the ..
q1. during a war the government puts pressure on producers for heavy equipment supplies and services making each more
Here are too few stars to fully staff every team, but there are enough for a few to be on every team if an owner decided to hire them.
Show whether or not the above production function exhibits diminishing marginal productivity of labor. Determine the nature of the Return to Scale as exhibited by the above production function.
find the country with largest budget deficit and largest budget surplus in this list the budget deficit is called the Budget Balance.
New equipment was just purchased for $750,000. Estimated salvage in 10 years is $50,000. Calculate the depreciation and book value at the end of year 4 for each of the following methods:
How has Apple positioned itself to take advantage of unique designs to attract a sufficiently large niche market to surpass the competition in the United States and China? What does the Apple experience tell us about risks associated with strategic a..
There is the long debate on the Frisch-Elasticity being the driver of unemployment over the business cycle. Women have a bigger elasticity than men, yet their employment fluctuates less over the business cycle.
Discuss the three cultural change strategies a foreign marketer can pursue. What are they and why is it important to understand their meaning?
Use the market relates to vertically integrate as:
Identify three types of competition that most firms encounter other than competition from other firms in their industry in their home country.
John Smith expected income in period two is unchanged. Illustrate graphically explain how this job loss affects John's consumption in periods one and two.
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