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Q. top four firms in Industry A have market shares of 30, 25, 10 and 5 percent, respectively. Top four firms in Industry B have market shares of top four firms in Industry B have market shares of 15,12,8 and 4 percent, respectively. Calculate four-firm c0ncentration ratios for two industries. Which industry is more concentrated?
Suppose V=$0, what is Jim's labor supply function now. Draw his labor supply curve. Illustrate what happened to his wage and substitution effects.
What is the total market demand for poly-glue at the price established by Alchemy. How much of the total demand will the follower firms supply.
Explain why does a newspaper dispenser open to a stack of newspaper and essentially "trusts" a consumer to take just one copy.
Excise tax is collected from fishermen, who protest that y alone are bearing burden of this policy. Why might this protest be misguided.
Suppose that the U.S. noninstituional adult population is 230 million and the labor force participation rate is 67 percent. Illustrate what would be the size of the U.S. labor force.
Derive an expression for average cost. Derive an expression for marginal costs.
explain how many smoothest sold by each firm, and illustrate what is the profit made by each firm.
The central bank lowers discount to rise the nation's monetary base. The country has highly mobile international capital markets and a fixed exchange value system.
If buyers pay $8 per unit to the intermediary but sellers offer to rebate part of that expense to buyers.
Why does Michael Porter admonish companies will not change his competitive positioning any more regularly than once every four or five years.
Describe how each of these activities affects government, households, and businesses. Illustrate flow of capital starting from one entity to another for each activity.
Assume that the market for salad dressing is in equilibrium. What will happen to the price of lettuce rises.
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