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1. Litigation is more likely to be effective than regulation at deterring a company's harmful (negligent) behavior if:
The company is judgment proof .
Government experts have better information about the harm in question.
The harms are obvious and large.
All of the above
2. The anticompetitive division of the Federal Trade Commission examines mergers to ensure that they do not create situations in which abuse of market power can occur.
True
False
Taking all taxes into account, what are your average and marginal tax rates? What happens to your tax bill and to your average and marginal tax rates if your income rises to $40,000?
How vegetarians sometimes have trouble making sure they get enough protein in their diets.
Suppose that Mexican investors decide to pour money (invest) into the US fracking industry. Assume that the US and Mexico have floating currency regimes. Graph the US and HOME starting with BOP=0 at e1. Next, explain and show on the graph the changes..
Which of the following could be the price elasticity of demand for a good for which a decrease in price would decrease revenue?
Illustrate what marketplace structure is more beneficial for Wonks to operate in also will this be the same marketplace structure which will benefit consumers.
What is the profit-maximizing p in the case that Godzilla and Macrosoft merge and suppose that Godzilla chooses its price first, and that Macrosoft only picks its price after observing Godzilla's price. Is the equilibrium price of the composite go..
Assume the longer the search goes, the lower price the consumer would pay for the good. Furthermore, assume there are diminishing returns to the search since it is harder to find even lower prices as the search continues; that is: p?(t) > 0. Without ..
Over which range of production, the marginal product of the variable input would be increasing in the short run.
Although firm expects the order to be of 6 units, determine the minimum average cost of the firm with these different order sizes.
If Mercedes Benz realizes that its annual demand for 500SEL model is 50,000 and their cost of order preparations is $42,000.00 and the inventory carrying cost per car per year is $3,600.00. What will be the Economic Order Quantity?
Suppose that Omar’s marginal utility for cups of coffee is constant at 2.5 utils per cup no matter how many cups he drinks. How big would that budget have to be before he would spend a dollar buying a first cup of coffee?
Discuss the differences between elasticity of supply and elasticity of demand answering the following equations:
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