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Identify a situation in the past 50 years in which the government used antitrust policies to stop a monopoly from occurring. Include the circumstances of the proposed monopoly and the reason the government stepped in. Predict what would have occurred had the monopoly succeeded.
Explain how sensitive do you think your organization is to economic expansions upswings and contractions.
Pamela Sue, proprietor of Heartland Supermarkets which would like to raise her current sales of corn from 250 bushels per week to 500 bushels per week.
Using the marginal productivity theory of labor demand to forecast the impact on the company's employment level of following events. Describe why the change in employment occurs and show it in a graph.
Compute the arc cross-price elasticity of demand among beverage sales and appetizer prices.
Discuss the real output and in ation expressions verbally - New Keynesian model with technology shocks
the economy of the Shire that produces cereals and swords each industry employs Hobbits, but land is specific to the production of cereals, and metal is a specific factor in the sword industry.
Two companies produce the same product. The firm's each determine their own output and the combined output of the two is sold at the market price.
Studies indicate that the price elasticity of demand for cigarettes is about .4. If a pack of cigarettes currently costs $2, and the government wants to reduce smoking by 20 percent, by how much should it increase its price?
Assume that the aggregate demand and supply schedules for a hypothetical economy are as demonstrate:
Debra listens only to either Frank Zappa or Weird Al Yankovic. She currently purchases 20 Zappa and 30 Yankovic downloads per week. She would forgo Yankovic downloads for one Zappa download at the rate of 2 to 1
Create a map of the polarity you have chosen from the simulation. Be sure your poles represent a true polarity and that your cells contain at least two to three items each. Explain the polarity dynamic of your map.
How does your company or management go about estimating its sales? How does it determine the demand for new products so that it can make a production run?
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