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Determine if the following situations describe a game or a decision. Indicate what specific features of the situation caused you to classify it’s you did.
a) A party nominee for president of the United States must choose whether to use private financing or public financing for her campaign.
b) China chooses a level of tariffs to apply to American imports.
Illustrate what will be the long run market equilibrium price also output. Elucidate how many mills of Illustrate what type - new or old - will survive.
Why does Michael Porter admonish companies will not change his competitive positioning any more regularly than once every four or five years.
If the college charges all students the same tuition, illustrate what tuition can it charge to cover all of its costs.
q.differentiate between management and leadership.describe the role and responsibilities of leaders in creating and
Which of these types of firms can earn a positive economic profit in the long run.
What plant size will the firm choose in producing. Draw the firm's long-run average-cost curve on the diagram and define this curve.
Suppose a firm pollutes a stream that has a recreational value only when pollution is below a certain level. If transaction costs are low.
Suppose the market for operating systems were perfectly competitive. What price would be charged? How many would be sold? Would the firms in this industry be profitable?
Relative to Tom, does Dick require more bananas, less bananas, or the same number of bananas to give away an apple.
Why would equal-sized falls in aggregate output due to a fall in aggregate demand have different effects on magnitude and duration of unemployment in se two economies.
Elucidate how the market system efficiently performs the functions of communication, cordination, and motivation in the distribution of resources to consumers.
What is the new equilibrium price and output in the short run for both the industry and each firm.
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