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Those who contend that oligopolists are less likely than more competitive firms to engage in R&D say that:
A. entry barriers enable oligopolists to sustain the profits they gain from innovation.
B. Oligopolists have little incentive to introduce costly new technology and produce new products when they currently are earning large economic profit using existing technology and selling existing products.
C. the large size of oligopolists' R&D departments allow them to use very specialized, expensive R&D equipment and employ teams of specialized researchers.
D. the undistributed profits of oligopolists give them a source of readily available, relatively low cost funds for financing R & D.
Is the company charging the optimal price for the product. Demonstrate how you know.
Answer whether the following statements are true or false, explaining your answer in each case.
You are the manager of a firm in a new industry. You have gotten the jump on the only other producer in the market.
Explain why would this be described as a Prisoner's Dilemma game.
Discuss the nature of social and labor issues that domestic manufacturers will likely face with their international suppliers. Why is it usefull to understand the cultural background of a foreign supplier.
Illustrtae which single type of product has the greatest impact on your employer
Explain which of these methods of encouraging growth would you suggest to a newly industrialized economy.
Illustrate a supply or demand curve shift for the following article. The price of oil fell on Monday, January 12, 2009 as the weak economy has undermined oil demand. Light, sweet crude for February delivery fell $3.24 or 7.9%, to $37.59 a barrel.
A rise increase in elasticity of demand will also rise monopoly power.
Illustrate what firm dominates the beer industry. What demand and supply factors have contributed to fewness in the industry.
Assume that the Fed is needs to keep the inflation rate so provide an anchor for inflation expectations.
Comprise a reconciliation of the differences among the forecasts for GDP and a rationalization for which forecast
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