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1) (a) What is market concentration and how can you know whether a market is concentrated or not?
(b) What are the causes of market concentration?
(c) Are business mergers good or bad for the economy? Explain why?
2) Oligopolists are interdependent firms.
(a) What is mean by that? Explain "strategic behavior" and relate that to the "Kinked Demand" model of oligopoly.
(b) Explain the importance of mergers in oligopolistic markets. Is there much price competition in an oligopolistic market? Why or why not?
Do you really believe that there are certain common characteristics or traits of American managers that have led to moral or ethical decline in United State business over recent years and thus business scandals?
should government officials attempt to reduce birth rates among families in so-called developing countries or anywhere else for that matter, what implications does your recommendation have on economic development
What is the main policy message of the AS-AD model, and how does it relate to the 1930s Keynesian revolution in economic theory? What should today's policy-makers assume about the natural rate of unemployment?
Assume you received a four percent increase in your nominal salary.
Globalization has changed world economy in many ways. One result of globalization is off shoring which has had its share of economic impacts on domestic employment as well as world employment.
As an employee of the World bank, you have been asked to research one economic concern in a south american country and write a report
This customer can buy or sell the commodity depending on its cost.
After choosing the topic do the article review which includes following steps a. a short summary that clearly covers all of the fey elements in the article. this summary must show that you carefully read and understood the content of the article.
Many controversial issues in public finance concern when a central authority should allow markets to work and when it should intervene. Generally we think of the government as the central authority, but it could be a university as well.
An economy is facing inflationary gap shown in the accompanying diagram. To eliminate gap, should the central bank use expansionary or contractionary monetary policy?
What do you think that Antitrust Department should punish Google for being a "monopolist". Did the author of the article think so.
Illustrate Wwat could it or should it have done differently. Please provide references to support your position.
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