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1. If demand decreases and supply increases simultaneously then for sure
a. Prices will increase
b. Prices will decrease
c. Quantities will increase
d. Quantities will decrease
e. None of the above
2. Which of the following will increase the demand for chicken?
a. An increase in the price of red meats
b. A decrease in the price of red meats
c. An increase in the price of chicken
d. A decrease in the price of chicken
The commercial banking industry in Canada is less competitive than the commercial banking industry in the united states
What are the advantages of the HHI over concentration ratios in measuring the degree of concentration in an industry? What is the Bertrand model? What is its relationship to the Cournot model? What is the Stackelberg model?
Phil's Copy Studio pays its workers $60 per day and sells poster-size copies for $10 per print. Now suppose during the holiday season the price of poster-size copies increases to $12. What happens?
An economy has $72, to divide between Hamlet and Ophelia. Hamlet has the utility function u[H] = U[H] (m[H]) = 3m[H], where m[H] denotes his quantity of money. Ophelia has the utility function u[O]= U[O](m[O]) = 42sqrt(m[O]), where m[O] denotes her q..
A charitable university benefactor has decided to donate a large amount of money for student scholarships.
Describe your matter, with a brief summary of the key things which make your matter interesting. Illustrate what are the key positive also normative questions surrounding your matter.
Illustrate what is expected value of sample information. Explain how much might physicians be willing to pay for a market study.
Many years ago, the traditional mortgage loan structure specified:
What is intra-industry trade and how is it affected by economies of scale, differentiated products, and vertical foreign direct investment? Explain.
q1. third national bank has reserves of 20000 and checkable deposits of 200000. the reserve ratio is 10 percent.
The rate of return on an investment in medical education
Suppose a monopolist faces demand of Q = 300 – 2P and has a total cost curve of TC = 75Q + Q2. What is the firm’s marginal revenue? What is the firm’s marginal cost? Find the firm’s profit-maximizing price and profit.
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