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1. What are the advantages of the HHI over concentration ratios in measuring the degree of concentration in an industry?
2. What is the Bertrand model? What is its relationship to the Cournot model?
3. What is the Stackelberg model?
Does Zara experience disadvantages from its "fast-fashion" allocation system. Are these disadvantages offset by the advantages.
Compare and contrast the investment decisions that you might make as an individual investment versus a corporate investment. Include both the accounting investment aspect and the financial investment aspect (they are different aspects because they bo..
semiconductor chips are used to store information in electronic products such as personal computers. one of the early
Find equilibrium price and equilibrium quantity by solving equations mathematically. Suppose a Research study is published showing that koby beef increases risk for a heart attack resulting in a reduction of 150 pounds of koby beef consumption per..
A company hires management trainees for entry level sales positions. Past experience indicates that only 20% will still be employed at the end of nine months. Assume the company recently hired six trainees. What is the standard deviation of the numbe..
Discuss how you can use the laws of demand and supply to explain the following scenarios: After world gasoline prices jumped in the late 2000s, global bicycle sales rose to more than 1 million per month. the employees at the gasoline station would ha..
Suppose that they are thinking of each specializing completely in the area in which they have a comparative advantage, and then trading at a rate of 2.5 pounds of potatoes for 1 chicken, would they each be better off
Machine A costs $20,000, lasts 3 years and has a salvage value S of $3,000. Machine B costs $12,000, lasts 2 years and has a salvage value of $2,000. The machines can be purchased at the same price with the same salvage value in the future, and are n..
Consider an industry in which all firms have identical technology given by a production function: q = min K α , L 1 − α 1/2 , where q is the level of output, α is some constant between 0 and 1, and K and L are two inputs. Describe the long-run equil..
q.suppose the consumption of gold offers people a marginal utility that diminishes as that person consumes more gold.
Determine the relevant costs for the expansion decision, and distinguish between the short run and the long run costs.
The interest rate on the mortgage is quite small, and Jenna figures it is a real interest rate of zero, compared to her personal real discount rate of 12% per year. There is no down payment. If the mortgage payments amount to $10,000 (2015 dollars) p..
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