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1) explain why it is sometimes said that, in the long run, a monopolistic competitive industry has too many firms producing too many products. 2)Explain what market action is unique with monopolistic competitive firms that a consumer would not see with perfect competitive firms and monopoly firms.
How does an increase in an excise tax on cars affect the supply of cars. more cars will be made or fewer cars will be made or else.
Suppose the price that year rose by 8% and the real rate of return in the stock market was 4%. Your friend says she or he was being more than fair giving you more than the rate of inflation as a return, What do you think and Why?
If the total issues in an economy are Rs 4,50,000, the financial interrelations ratio is 1.17, and the new issue ratio is 0.72, what will be the net capital formation in the economy?
1. a. describe the four market types by writing a separate paragraph for each. in your response for each market type be
select a country that has universal health care system provided by that country and provide some background information
Orange juice and apple juice are known to be perfect substitutes. Draw the appropriate price-consumption curve (for a variable price of orange juice) and income-consumption curve.
a corporation purchased a machine for 60000 five years ago. it had an estimated life of 10 years and an estimated
Discuss the opposing arguments as to whether consumer sovereignty should prevail in medical care.
Give real world examples of each of them. How would you construct an argument around the comment "more money you have the more problems you have".
why dont economists use the same cost data as accountant use? why are costs important in economics? how do firms
1. the federal reserve provides which of the following dataa. federal funds rateb. stock price of gec. bond yields of
why does the law of diminishing marginal utility encourage people to spread their spending across many different types
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