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How would you characterize the competition (market structure) in the restaurant industry? Are there submarkets? If so, do these submarkets have distinct competitive pressures? How may a restaurant maximize profits?
If this industry acts like a monopolist in the determination of price and output, compute the profit-maximizing level of price and output
Name a specific event to be expected to cause the equilibrium price of ice cream to increase.
The company uses an effective income tax rate of 40%, and the after-tax MARR of 15% per year. What is the approximated value of the company's before-tax MARR?
What if any difficulties do you think may be encountered in implementing the current policy being pursued by Fed Chairman Ben Bernanke to cope with one of the worst financial crises in the US since the Great depression?
If the taxes are set so that each resident shares the cost evenly (a=b=c), how so many paths will get built.
Suppose the interest rate lowered to 3.75%. What would be the market price of the bond.
the central bank raises the actual inflation rate to 4% which sequence is most such way to occur.
Discuss the role of advertising also the desired impact on the industry's demand curve. Contrast this to advertising at the industry level.
The United Nation's Department of Economic and Social Affairs, Population Division, tracks the total number of foreign-born people by nation.
Consider competitive markets, monopolies, and oligopolies. Illustrate what role does each of these play in an economy.
Use the principles of supply and demand to address a predetermined goal (set by the student) in the gasoline market. Be clear on what the current market indicates and why and what your future goal is.
Suppose that MC=4q, where MC is marginal cost. The perfectly competitive firm maximizes profits by producing 10 units of out output. At what price does it sell these units.
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