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Which of the following is incorrect?
Predatory pricing is easy to prove in court.
Learning curve effects may enable an incumbent to produce at a lower cost than a potential entrant.
A firm can benefit from strategies that raise the marginal costs of its rivals.
A firm can benefit from strategies that raise the fixed costs of all the firms in the industry.
The Sunshine Corporation finds that its costs are $40 when it produces no output. Its total variable costs (TVC) change with output as shown in the accompanying table.
Give some illustrations of managerial decision situations in that you think the linear programming technique would be utilize.
In The General Theory of Employment, Interest, and Money, John Maynard Keynes wrote: If the Treasury were to fill old bottles with banknotes, bury them at suitable depths in disused coal mines which are then filled up to the surface with town rubbish..
Use the aggregate expenditure model to explain the following statements from the opening news article.
A single firm monopolizes the entire market for some product which can be produced at a cost of c(Q) = Q^2. The firm faces a market demand curve given by Q = 60 ? 0.5p. What is the firm’s profit? Calculate the Lerner Index for the market
If a $24 per share stock has a P/E ratio of 20 and pays out 40% of its profits in dividends, how large is its dividends? Also what is the implied rate of return?
Also that would you considers more likely, to longer-term- U.S. government bonds have a high interest rate than short-term U.S. government bonds or vice versa.
If American cheese also cheddar cheese are substitute afterward which of the following would increase the demand for cheddar cheese.
It is always better to hire a more qualified and productive worker then a less qualified and productive one regardless of cost.
Assume that a Pfizer has a linear demand curve for Lipitor, a constant marginal cost curve (i.e. the marginal cost is a constant), and is a monopolist in this market.
Which of the following is not a way managers generally benefit from acquisitions?
Enlighten these concepts in terms of specialization, opportunity cost, trade as well as comparative advantage.
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