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What characteristic(s) of oligopoly make their prices and output levels "sticky?" Does this make the firms more risky or less risky?
Public goods tend not to be sold in the marketplace because:
Two candidates’ machines are under consideration. For machine a, initial cost is $100,000, operating benefits are $40,000 per year and useful life is 6 years. The respective data for machine B are 150,000, $50,000 and 9 years.
separate the bond market into municipal bonds and corporate bonds if the president lowers the federal income tax rate
under pressure from lobbying groups the president of a newly-independent country implements a minimum wage of 6hour.
In what ways is state power changing (increasing, decreasing, shifting, diffusing)? and What are the implications of these changes for how we tackle some of the global issues?
Consider now that the entrant, if fought, has the possibility of withdrawin from the industry (at a loss of 1 for the entrant and a gain of 8 for the incumbent), or staying (at a loss of 5 for each player).
explain how smoking can simultaneously generate positive and negative externalities. is there too much or too little
Examine the extent of internal rivalry, entry, substitutes, buyer power, and supplier power within your industry, indicating whether each of these forces represents a high, medium, or low threat to profits.
during the recession in the early 1990s retailers observed that consumers were spending a lot more time searching for
Assume marginal cost increases to 25 as a result of imposition of a tax. What takes place to monopoly and competitive price and output?
What are the three risk dimensions a project team needs to address when assessing for project uncertainties? What are possible sources that can affect project uncertainty?
What is the relationship between economies of scale and a natural monopoly? What is simultaneous consumption and how does it affect economies of scale? What are network effects and how do they contribute to economies of scale?
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