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Q. Semi-Salt Industries began its operation in 1975 also remains the only industry in the world which produces also sells commercial-grade poly glutamate. While virtually anyone with a degree in college chemistry could replicate the industry's formula, due to the relatively high cost, Semi-Salt has decided not to apply for a patent. Despite the absence of a patent protection, Semi-Salt has standard accounting profits of 5.5 percent (%) on investment since it began producing poly glutamate - a rate comparable to the standard rate of interest which large banks paid on deposits over this period. Do you think Semi-Salt is earning monopoly profits? Why
Explain the effect of price ceiling also price floor with reference to the concept of price elasticity of demand.
Caught up in broad social and economic disaster that swept the Mediterranean basin during the twelfth century BCE, what seems to have happened to the civilization of people.
What reliance performance would be measured efficient. Elucidate reliance behavior which would be considered excessive.
The Department of Public Works also Highways (DPWH) is considering the construction of a new highway through a scenic rural area.
Relative to Tom, does Dick require more bananas, less bananas, or the same number of bananas to give away an apple.
If your employees are self-interested, how much output would you expect each individual worker to produce absent monitoring.
Subsequently the customer paid the balance on 22 October 2012. To customer the Credit terms offered.
Now Assume the theater increases the number of its ads to 250. Should the theater increase its cost following this ad campaign.
The craft unions electricians, carpenters, other possess considerable power to raise wages than do industrial unions automotive workers, steel workers.
Rusal believed the price of aluminum would fall because of the growing accumulation of inventories worldwide.
Decide to conduct a SWOT analysis to evaluate the value and risks. Provide a SWOT analysis and briefly discuss each factor.
Illustrate what is relative PPP. Compute the current pound spot rate in dollar which would have been forecast by PPP.
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