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According to the Herfindahl-Hirschmann sum of the squares, in an industry with the top four firms with a market share of 25, 30, 10, and 15 respectively. What would the resulting concentration ratio be? Is this considered to be a competitive industry?
The story of Coltan in the Congo is just one example of how an abundance of exploitable resources can often worsen or prolong military conflicts in nations that are too poor of ineffectively governed to protect these resources.
Human capital is the. One of the Ten Principles of Economics in Chapter 1 is that people face tradeoffs. The growth that arises from capital accumulation is not a free lunch. It requires that society. Other things the same, a country that increases i..
As newly appointed “Energy Czar,” your goal is to reduce the total demand for residential heating fuel in your state. You must choose one of three legislative proposals designed to accomplish this goal: a tax that would effectively increase the price..
The inverse demand for a homogeneous-product Stackelberg duopoly is P = 18,000 -4Q. The cost structures for the leader and the follower, respectively, are CL(QL) = 4,000QL and CF (QF) = 6,000QF..
The retail price for a wrinkle-reducing injection is $550. Retailers buy directly from the manufacturer, who has a margin of 80 percent on their product. If the retailer margin is 40 percent, what is the manufacturer selling price to the retailer? Wh..
Suppose that the investment demand curve in a certain economy is such that investment declines by $100 billion for every 1 percentage point increase in the real interest rate. Also, suppose that the investment demand curve shifts rightward by $150 bi..
Alternative B is for reforming the disability system is to maintain the old benefit levels (for those who receive them) but allow workers to earn up to $300 a month and still keep their benefits. Those who earn over $300 per month would lose all DI b..
Historical data suggests that a trend toward ________ natural employment ________.
During the last decades there has been an increase of anti-capitalistic movements around the world which are fundamentally different from those of the XIX-th and XX-th centuries in the sense that they do not belong to a "working class", but rather to..
q.abc sweaters are greatly admired by their aficionados. the demand for these sweaters is given by q 13 - 0.02 p where
Using an indifference curve, illustrate Lorne's decision if he decides to work 10 hours every day.
q.the beta corporation operates in an business that has a herfindahl-hirschman key of 800. beta wants to combine with
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