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A unique aspect of a market economy is that consumers and firms change their behavior largely in response to:
a. Supply and demand conditions.
b. Perceptions.
c. Diminishing returns.
d. Market prices.
Assume your elasticity of demand for your parking spaces is -0.5 and price is $20 every day. If your MC is 0 and your capacity at 9 a.m. is 96% full over the last month are you optimizing.
q1. a monopoly firm is currently earning positive economic profit. the owner of the firm makes a decision to wholesale
Do you think the net effects of trade blocs are good or bad for world trade? Why? How do the efforts of the WTO relate to these trade blocs.
q.a borrower takes out a loan from a bank and can invest in a risky project that will produce revenue of 185 with
Elucidate what will be the price of your jersey in Los Angeles and what will be the price in Brooklyn. What will be your total profits.
They found that getting larger was painful it involved a lot of new administrative infrastructure to get everything organized
q1. what is your thought about tracking the u.s. economy and unemployment and inflation?q2. in 2003 taobao.com launched
What is the difference between deliberate strategies and emergent strategies? How might emergent help with a future strategic planning process? what are the potential consequences of ignoring emergent strategies?
q1. as long as firms are price takers in the labour market it doesnt matter if firms are monopolists in the output
What is meant by "risk premium". Risk premiums on corporate bonds are usually anticyclical; that is, they decrease during business cycle expansions and increase during recessions. Why is this so.
q.in year 1 and year 2 there are two products produced in a given economy computers and bread. suppose that there are
Indicate whether each of the following statements is true or false. Explain why. a. When the law of diminishing returns takes effect, a firm’s average product will start to decrease
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