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Q. in the 1990s thousands of "dot-com" companies emerged with great fanfare to take advantage of the internet also new information technologies. A few, like Yahoo, EBay also Amazon, have generally thrived also prospered but so many others struggled also eventually failed. Elucidate these varied outcomes in terms of how the marketplace system answers the question "illustrate what goods also services will be produced?
Q. "The Cognitive evaluation theory is contradictory to reinforcement also expectancy theories". Do you agree or disagree? Elucidate
Depict the von Neumann-Morgenstern utility index u in a diagram
Why might the Homo sapiens production possibilities curve have shifted outward to the right much more rapidly than those of Neanderthals.
Which of these same curve would shift as a result of the per-burger tax. Curves average fixed cost,marginal cost would shift as a result.
When the bookstore announces a 20% price increase in new texts and a 10% increase in used texts for next year, Guojun's father offers him $80 extra.
The relative price rule is equivalent to saying the marginal utility per dollar is the same for both goods, or goods should be consumed in the same ra5tion as their relative price.
Abstracting from any other factors, what is the range for rates of exchange of modems for DVD drives that will now include Northland
Evaluate the financial performance of the company using the information providedin scenario. Consider all the key drivers of performance, such as company profit or loss.
Compare the sum of consumer and producer surplus for the monopoly with the results for perfect competition.
Identify also Talk about an industry or a marketplace segment companies were the "wrong" size for the long term.
Suppose which the owners of the only gambling casino in Wisconsin spend large sums of money lobbying state government officials to protect their monopoly of gambling.
What happens to the profits of boat makers in short run. Illustrate what happens to the number of boat makers in the long run.
Illustrate what criteria are you using to classify this industry as an example of oligopoly.
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