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Please use your own words to create 2 PPT slides for each compare and contrast the benefits and detriments of megamergers by describing potential impacts on the companies involved (Monsanto-Syngenta), consumers, other businesses, and the economy. Please site the resources at the last page.
Which is an example of a microeconomic question? What is the current national rate of unemployment? Is the economy experiencing a decline in the rate of inflation? Will a new type of television set increase the number of buyers?
Fixed costs exist only in:
A new plant to produce steel tubing requires an initial investment of $10 million. It is expected an additional investment of $ 5 million in year 3 and an investment of $ 3 million in year 6. Annual operating cost will be $ 3 million. The Annual reve..
Two countries, France and the US produce just one good – chicken. Suppose that the price of beef in the US is $2.80 per kilogram, and in France it is 3.70 EURO per kilogram. According to PPP theory, what should be the $/EURO spot exchange rate? What..
Suppose that your firm is the only producer of a high-tech sports utility vehicle for North American markets. Assume a constant marginal cost of $25,000 to produce each vehicle and no fixed costs of production.
Which of the subsiquent statements is (are) generally true assuming a mound shaped distribution.
Explain what "having a comparative advantage” at producing a particular good or service means. What does "having an absolute advantage” at producing a good or service mean?
Suppose the demand function for a firm's product is given by In Qdx=7-1.5 InPx+2 In Py-0.5 In M + In A where Px=$15, Py=$6 M=$40,000 and A=$350. Determine the own price elasticity of demand, and state wheter demand is elastic, inelastic, or unitary e..
What is the effect on the economic well-being of a nation when a tariff is imposed? Consult a newspaper and identify an industry where there currently is a tariff. What is the effect of this tariff on the U.S. economy?
Illustrate what would happen to the profits CPI makes via their toothpaste division.
Two goods are complements if:
Assume that in year 1 an economy produces 1000 units of output and they sell for $100 a unit, on average. In year 2, the economy produces the same 1000 units of output, and sells it for $110 a unit, on average. Use year 1 prices to calculate real GDP..
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