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Indicate whether the strategic effects of the followings competitive moves are likely to be positive (beneficial to the firm making them) or negative (harmful to the firm making them).
a. Two horizontally differentiated producers of diesel railroad engines- one located in the United States and the other in Europe - compete in the European market as Bertrand price competitors. The U.S. manufacturer lobbies the U.S. government to give it an export subsidy, the amount of which id directly proportional to the amount of output the firm sells in the European market.
China and Japan can manufactures calculators and noodles using land and capital in a competitive market. To manufacture one calculator two units of capital and one unit of land are needed,
compute the equilibrium price and quantity when the per-ton price of scrap steel was $156, and the equilibrium price-quantity combination when the price of scrap steel reached $302 per ton. Suppose the cost function of a representative minimill pr..
Compute the average propensity of consumption, average propensity of investing out of income and the average propensity of imports out of income
The Ecuadorian Sucre is trading for $0.000425 today and you are redeeming an Ecuadorian 1-year bill that you bpught one year ago when the Sucre was at $0.0005.
An industry consists of six companies, with sales of $500,000, $400,000, $300,000, $150,000, 75,000, and $60,000. Now, assume that the largest and smallest companies merge.
The job losses to foreign nations have not been limited to low skilled rankings. And that may not necessarily be a real concern in long run.
Discuss each of the six indicators, and explain its current status. In addition, present a separate graph for each indicator illustrating the historic trend for each.
A big level of international trade protectionism is required if developing nations are going to be able to industrialize and develop their own domestic industries in face of fierce foreign competition.
Examine the role of Bank of England's monetary policy instruments in dealing with the recent financial and economic crisis and discuss the role of capital in banking
America spends more on every student in public education than any other developed country and yet performs at bottom of every international student achievement test.
Discuss and explain the difference between comparative advantage and absolute advantage. Also, provide some specific example so I can understand the difference.
for most purposes, money lowers the cost of making transactions relative to barter-the direct exchange of one good or service for another. However, barter has not disappeared, even in an advanced economy such as that of the United States. Can you ..
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