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What role does reputation have in maintaining incentives? What is required if firms are to have an incentive to maintain their reputations? How might the good reputation of existing firms serve as a barrier to the entry of new firms?
State carefully the ceteris paribus assumption in this case. Do you think this simple regression of Y on X satisfies that assumption? Why or why not?
What is investment? Why does investment decrease when the real interest rate increases? What role do expectations play in investment?
Unless otherwise stated, in the following problems assume VDD = 1:8 V, μn Cox = 100 μA/V2, μp Cox = 50 μA/V2, VTH;N = 0:4 V, VTH;P = -0:5 V, λN = 0, and λP = 0.
Briefly explain the demand curve for Eskom as well the implication of the economy with regards to market power
The cost of producing sofas (S), is given by the cost function C(S)=10S^2+1000, and the marginal cost is given by MC=20S. What number of Sofas will minimize the average cost of production
Cinema Theater has estimated the following demand functions for its movies: Daytime demand, QD = 400 - 50 PD Nighttime demand, QN = 200 - 20 PN The marginal cost of serving another customer is $5 and its fixed costs are $100.
the industry demand function for bulk plastics is represented by the following equation p = 800 - 20Q where Q represents millions in pounds of plastic the total cost function for the industry, exclusive of a required return on invested capital is ..
Assuming that this 50 percent overtime-pay premium is newly required for all work beyond eight hours per day, draw a budget constraint that pictures a strategy of cutting hourly pay so that, at the original hours of work.
Solve Tracy's problem of how often to go to the ATM when the norminal interest rate on her bank account is 10%, she spends $30 each day, it costs her $0.50 each time she uses the ATM, and she thinks that there is a 15% chance that she will lose he..
Discusses changes in market structure, such as quantity and skill level of labor supply and quantity and quality of raw materials used in the production process
What price would the monopolist charge if he were unregulated, and what would be his profit per unit?
What insights does this exercise provide about why firms are more likely to interview and hire applicants with white-sounding names?
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