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Q1. A hearing is scheduled for your company to present arguments that your firm has not increased its market power through this merger. Can you do this? Explain how? What evidence might you bring to the hearing?
Q2. Do technological advancements cause unemployment in the economy?
Q3. Using the concept of price elasticity explain why the price of basic commodities has to be regulated in price rise
Q4. . Explain, using the prisoners' dilemma analysis, why cooperation can be equally valuable but if conditions prevent cooperation or collusion from happening, the outcome is worse for both parties.
Sharp rises in the cost of milk, grain, and fresh fruits and vegetables are hitting cafeterias across the country, forcing cash-strapped schools to raise prices or serve more economical dishes.
Visualize you are a manager for good or service used. From results of the deterioration equation, recommend strategies to either preserve demand if an increase over 3 periods occurs or improve demand
If this price floor is implemented, how many units of pork will the government are forced to buy to keep the price at $2.25.
Explain the essential distinctions among the stages-of-growth theory of development, the Structural change models of Lewis and Chenery.
Wal-Mart is often criticized for importing many of the goods they sell. Why do they buy goods from foreign markets.
Recent survey of high school students, it was found that the average amount of money spent on entertainment each week. Values are representative of all high school students.
For each level of output except zero output, calculate the average variable cost, average total cost and average fixed cost.
If today's production of capital goods exceeds the depreciation of capital.
A farmer has a production function f(L) where the input is capital (L). The cost of this loan is L(1+i). The farmer also has an outside option (loan from family member) which generates a profit of A.
The manager of the aerospace division of General Aeronautics has estimated the price it can charge for providing satellite launch services to commercial firms.
Explain the process of how that movement occurred using behaviors of consumers and suppliers. Graph the movement between the two points as well.
A recording company obtains the following information about the demand and production costs of its new.
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