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Businesses can use a number of strategies to increase their market share and gain a competitive advantage. Discuss some legal or illegal strategies used by businesses to increase their profitability.
Summarize the key points of the articles "Making a Mockery of the American Dream", " Why More Education Won't Fix Economic Inequality", Competition Policy. Crossing continents and " Inequality. On important but irrelevant facts".
Suppose there are two types of investment in the economy: business investment and investment in housing. Suppose that the government institutes a certain subsidy paid to people who build new houses.
Illustrate economic evidence is required to determine whether there are long-run increasing returns to scale in banking.
Suppose that people expect inflation to equal 3 percent, but in fact, prices rise by 5 percent. Describe how this unexpectedly high inflation rate would help or hurt the following:
Is it true that in a short-run production process, the marginal cost curve eventually slopes upward because firms have to pay workers a higher wage rate as they produce more output? Explain your answer.
Consider a small open economy with desired national saving of S = 20 + 200r* and desired investment of I = 30 - 200r*.a. Calculate national saving(S), investment(I), and the current account balance(NX or CA) in equilibrium when the real world interes..
Assume the situations faced by the subsiquent individuals. Who gains and who loses.
List the basic characteristics of pure monopoly, monopolistic and oligopoly competition. Under which of these market classifications does each of following most accurately fit?
The project for this course is to identify forecasts of three key macroeconomic variables from publically available sources and write a report in which you describe the range of forecasts for each variable.
Some economists argue that the government intervention makes the economic outcome even worse. Some argue that there are important economic roles of the government. What is your opinion? Does the government do good or bad? Briefly discuss.
Elucidate why increases in the price of a labor-intensive good lead to proportionally greater increases in the wage rate in a labor intensive country.
Four mutually exclusive projects are being considered for a new two-mile jogging track. The life of the track is expected to be 80 years, and the sponsoring agency's MARR is 12 percent per year. Annual benefits to the public have been estimated by..
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