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An antitrust policy is designed to promote competition, Visit USDOJ.gov or search the web to find antitrust cases. Choose a case that interest you, provide a brief summary stating why the government had to intervene whether to block a merger or to outlaw specific business practices that discourage competition. What is the outcome of the case and whether you agree with the final decision and why?
Compare the rationale of the Reagan administration for the 1981 tax reductions with the rationale behind the Kennedy-Johnson tax cut of 1964
If these are the only two firms supplying gadgets, elucidate the elasticity of supply in the market for gadgets.
Is this analysis consistent with the proposition which money has real effects in the short run but is neutral in the long run.
Elucidate what would you recommend as a course of action, if any. For the industry you have chosen, discuss how price moves from today to the future.
Explain how businesses create value by integrating the production and distribution of goods, services, and information.
explain exactly how you would take advantage of this situation to create a riskless profit.
Explain why global warming is not likely to be solved by the market mechanism alone. Utilize the terms externality and public goods in your explanation.
Suppose the US government places a ceiling on the price of internet access also a black market for Internet providers arises, with internet providers developing hidden connections.
insist that this represents a rightward shift of aggregate demand curve. Who is right. Explain.
At Illustrate what value would the minimum wage have to be set so to the firm would make zero economic profit from employing an additional low-skilled worker to clear woodland.
All else equal, what is short-run effect of an increasing US output Y on US interest rate. All else equal, what is short-run effect of an increasing US prices P on US interest rate.
Utilizing the preceding write equations for total cost, average cost, and average variable cost.
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