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Consider the following situations related to a sports stadium in a city. Assume this is the primary venue for sports games. Decide whether the city government is likely to intervene to enforce antitrust law or not. (a)The stadium is purchased by a soft drink company, who will only provide their products at games. (b)A company is coming into the town wanting to build a new sports complex. The stadium management decides to fund a smear campaign against the new development, as well as threaten to pull funding from key city council membersâ€TM campaign funds.
if Bob bids $ 5, Alice bids $ 6 and Bob n passes, Alice gets $ 20 and pays $ 6 to auctioneer and Bob pays auctioneer $ 5. Both have $ 100 to bid. What is optimal strategy.
Illustrate what would be effect of policy described in part (c) on economy's stability over business cycle.
What information would a government needs to increase the probability that its industrial policy would promote long-term self-generated economic growth.
our company values the three tons of channel steel at $12,000. Illustrate what is your optimal bid. Elucidate how all step by step calculations to arrive at solution.
Determine one possible combination of government spending increases and tax increases that would accomplish the same goal.
Which of the subsequent industries is most such asly to be monopolistically competitive. A normative economic statement such as "The minimum income should be abolished".
Calculate the Golden Rule level of capital per effective worker and the saving rate associate with this steady state.
Find out the optimal price-quantity if the firm can price discriminate but cannot charge a two part tariff.
sandy sue sanders can take a job paying $10,000 a year when she graduates from high school, or she can go to college and pay $9,000 a year for tuition. Measured in dollars, Illustrate what is her opportunity cost of going to college next year.
He starts this year with nothing in the bank and ends next year with nothing in the bank. Draw his budget constraint in E1 - E2 space.
If the unemployed workers in the newly unionized sector spill over into the nonunion sector? How many employees will be hired in that sector? D. What is the union relative wage advantage? What is the true absolute effect?
Within the next year? Over the long term. Elucidate what resources does he have at his disposal to enhance the reputation of the firm and turn it round.
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