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Suppos university officials feel tht the price of football tickets at your school is too expensive and decide to limit how much the athletic department can charge for a ticket to a single game.
What will result from this decision?
Choose one or more:
A. Fans will demand more tickets.
B. The quality of facilities will decrease.
C. The football team will offer more tickets to games.
D. A shortage of tickets will exist.
E. An abundance of cheap tickets will be available online.
Identify specific examples of prominent computer hardware and software technological advances in the industry. Discuss two of the following points and apply that to your example. What is the effect of new technology on firms in the industry in the ..
Why is it that firms can earn profits in the long run in monopoly and oligopoly but not in monopolistic competition and perfect competition?
Identify a particular industry that meets the criteria for Pure Competition or Monopoly. Explain clearly why you think the industry is in Pure Competition or is a Monopoly and evaluate it from perspectives of efficiency and equity.
Pick one product with which you are familiar. Complete three to five line items such as Job shop, batch, assembly line, or continuous flow approach, on the Process Design Matrix.
One of the major issues in macroeconomics is disagreement in the debate over policy activism versus policy rules. Illustrate what exactly is that disagreement.
Discuss market trends that the organization will face. Explain your conclusions. Address how each of the following will change or will not change.
Suppose you just got the results for your economics midterm: you scored 90 points. You also learned that the class grades were distributed normally, the average was 75 points, and the top ten percentile cutoff was 95 points.
Construct a graph showing the outputs, and prices before and after the corrective taxes were imposed.
In the national income accounting identity showing the equality between national saving and investment, what is the representation of private saving and what is the representation of public saving?
Which of the following statements concerning the marginal-physical-product curve above is true? It can be determined from the marginal-physical-product curve shown above that A)marginal physical product reaches a minimum with the first worker.
Describe the benefits and costs associated with each type of externality. What happens to the Supply and/or Demand curve.
4. Sam consumes green eggs and ham. Ham and green eggs are both normal goods.
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