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Two small case studies which are based on realistic business problems or situations. Each case study should end with a realistic writing task depending on own conclusions and suggestions.
Illustrate what would happen to the profit maximizing level of output if the market price suddenly rose to $54 per case. Explain why the output level changes.
q.a decade ago five firms supplied amateur color film in the united states kodak fuji konica agfa and 3m. from a
The government of British Columbia has suggested a “cash-for-clunkers” program. Under this program, the government would buy up “clunkers” (older cars that emit a lot of pollutants and do not meet current pollution standards). Is this a sensible poli..
Intel is a monopolist manufacturing computer chips with a competitive fringe of firms that act as price takers of the price Intel sets. The market willingness to pay for the P80 chip is given by p = 400 - Q, with p in dollars per chip and Q in thousa..
Illustrate what is the effect of this policy on the interest rate in the long run.
What are the boundaries of a firm? What determines the extent of vertical boundaries-vertical integration? What determines the extent of horizontal integration-scope? Use the cost-benefit analysis to describe the optimal boundaries of a firm.
If you want to withdraw $20,000 at the end of three years and $50,000 at the end of five years, how much should you deposit now into an account that pays 8% interest compounded annually?
he estimates a repair cost of $150, Develop a decision tree for this situation and determine Kuroff's optimal strategy.
When the Bell System was broken up, the old AT&T was split into a new AT&T in addition to seven regional telephone companies. The specific reason for forcing the breakup was to increase the degree of competition in the telephone industry. Do you thin..
Due to monetary policy and fiscal policy intervention by the Federal Government since the 1950s business cycles
Calculate the value of the US Balance of Payments and indicate whether it is in a surplus, deficit, or equilibrium.
Suppose a technological advance reduces the cost of making computers. Draw a supply and demand diagram to show what happens to price, quantity, consumer surplus (CS), and producer surplus (PS) in the market for computers.
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