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1. How does brand competition within stores affect prices? Explain.
2. What do you understand by price discrimination? Under what condition is price discrimination possible?
3. What Mode of Entry would SeaWorld take when opening an amusement park in Dubai? Why? and What are pros and cons of each choice of entry?
4. Interest rates have been at 4% for the past four years. The economy goes into a recession causing the Fed chairperson to announce an expansionary monetary policy with an interest rate target of 2%. You forecast interest rates for next year to be 4%. This is an example of applying the theory of
A rational expectations
B fundamental expectations
C adaptive expectations
D forecast expectations
Define cardinal and ordinal utility. What is the difference between the two? In economics, is utility measured cardinally or ordinally and why is this so?
Hotel X believes that there is an opportunity to build a profitable hotel in City XYZ but they are not sure whether to go ahead with the project. They have asked your group for advice. After some research you have the following information. Currently..
A monopoly firm faces a demand curve given by the following equation: P = $500 − 10Q, where Q equals quantity sold per day. Its marginal cost curve is MC = $100 per day. Assume that the firm faces no fixed cost. Suppose a tax of $1,000 per day is imp..
FTC Commissioner Maureen Ohlausen, in her October 27, 2016, speech titled China’s Fair Competition Review: Insights From the U.S. Experience at the 2016 China Competition Policy Annual Forum in Beijing, suggested that Chinese antitrust enforcement of..
Consult recent annual reports and Internet sources to find out what new products that company has brought to market in the past year or two. Are those products truly new innovations, or are they simply extensions of existing products? What considerat..
If China has domestic assets of $50 billion, domestic liabilities of $100 billion, and $50 billion in foreign assets, a 10% appreciation of the Chinese yuan will:
Suppose the demand for labor market is given by L = 408−2w and the market supply is given by L = 10w. In a graph draw the supply and demand curves and find the equilibrium wage and amount of employment. Show the seller’s and consumer’s surplus. Calcu..
Suppose the required reserve ratio is 8% and that banks hold no excess reserves and the public does not change its currency holdings. If the Fed sells $5 million worth of securities, the amount of deposits in the banking system changes by $______ mil..
What is the annual worth for option A if the initial cost is $100 and there is a uniform annual benefit of $10 for an infinite time frame? Interest rate is 8%. Do not put $ in answer.
How do oligopolies influence market inefficiencies? a. the industry produces less output b. deadweight loss for society is increased c. prices for those goods are artificially high d. the industry makes higher profits
Under monopoly, still with the price PW which is again label triangle of consumer surplus and the triangle of producer surplus.
Which fiscal balance is likely to be influenced and Explain how by treating human capital investments the same as physical capital investments.
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