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Q. An economist claims, depends on an econometric study, that high profits in a certain industry are explained by that industry's high Herfindahl- Hirschman Index (HHI). If you felt, based on your knowledge of the industry that this claim were untrue, what critical questions could you ask about the HHI used for the study?
Max enjoys snorkeling and wind surfing. Max has $35 a day to expend also he can expend as a lot time as he similar to on his leisure pursuits. The cost of renting paraphernalia for wind surfing is $10 an hour and for snorkeling is $5 an hour. The table shows the total utility Max gets from each activity. Total Hours utility from utility from per day windsurfing.
1 120 402 220 763 300 1064 360 1285 396 1406 412 1507 422 158
If operating capital is running $60,000,000 and employment is running 4,000 employees in the company, what is the value of the marginal rate of technical substitution between operating capital and labor in the Biddle Company?
Which of the following best describes what occurs when monetary authorities sell government securities.
Assume that during the last month of the tenth year of ownership, the property in Problem 2 is sold for 1,500,000. Assume also that the seller incurs transaction costs equalling 6 % of the sales price.
Roshima is researching universities where she could study for her MBA degree. She is considering 3 major attributes that she considers
The government plans to rise state spending by $2bn in the next fiscal year.
What is a price ceiling and what effect does it have on the market? List and explain several positive and or negative consequences of this action. What would happen to producer and consumer surplus?
The government modifies the consumption tax somewhat so that the first $20k of consumption in each period is tax free. Now graph the budget constraint.
Solve for aggregate expenditures (AE) as a function of Y, and compute the equilibrium level of national income. Elucidate your equilibrium in a diagram with AE.
When a industry's marginal revenue product equals the income rate, marginal revenue also equals marginal cost.
Illustrate what is the equilibrium price of tickets to the event. Calculate the price elasticity of demand at the equilibrium price.
Illustrate what are the levels of income every worker and consumption per worker.
Elucidate the entities affected by industrial regulation in terms of market structure. Explain why industrial regulation affects those entities you identified.
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