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Under what conditions might the Justice Department approve a merger between two companies that operate in an industry with a premerger Herfindahl-Hirschman index of 2,900 if the postmerger index is expected to increase by 225?
Explain why the general level of incomes is high in the united states also other industrially advanced.
What will happen to price of old car taken as an inferior goods whose substitute is new car if income of the people rises.
there was a month in which employment and the unemployment rate both rose. Assuming the computations were correct, how is it possible for both to have increased.
Describe perfect competition and long-run equilibrium. Provide detailed descriptions, definitions and concrete examples of your findings.
Illustrate If G rises to 200 and T rises to 150. How much would the GDP change as a result.
Explain how does imposing rent controls affect the number of housing units available to low-income families
If the government imposes a tax on the production of cars, which of the following will occur in the market for cars.
In Illustrate what way are entrepreneurs also businesses at the helm of the economy but commanded by consumers?
Assume that the marketplace for sweaters is perfectly competitive. The future value of a deposit in a savings account will be larger
Westinghouse and General Electric are competing on the newest version of clothes washer and dryer combinations.
Using the concept of price elasticity explain why the price of basic commodities has to be regulated in price rise.
How macroeconomic equilibrium does an economy achieve. Elucidate what affect does a high level of inflation have on macroeconomic equilibrium.
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