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Question: The U.S Postal service has been raising postal rates on a regular basis. The service had been losing money. One of the reasons is increased competition from companies such as United Parcel Service and Federal Express. Another reason is the use of faxes and email, as well as electronic bill payment. With this decrease in demand for postal services, why do you think that the Postal service is seeking a rate increase? Carefully Explain.
Pretend that you are an editorialist, and write an editorial considering whether or not you believe that monopolies should be illegal and defend your argument using pertinent economic theory.
Ronaldo plays soccer for a living in a famous European club (A.C. Milan). Although he enjoys playing soccer he does it for the money, and derives utility from his yearly income playing soccer. Assume Ronaldo faces a utility function of the form U= 10..
chris kolbe is a master of change. now president of orig-inal penguin kolbe essentially runs the division for its
The marginal cost for a software company is zero. There are equal numbers of home users and commercial users, and the company cannot distinguish between the users. What is the best strategy for a software developer given the demand below?
Please provide your views and comments on how management has behaved in the past few years regarding product issues.
Dene Gross National Expenditure in words and state it in equation form. 2. Dene the trade balance in words and state it in equation form. 3. Dene net factor income from abroad in words and state it in equation form. 4. What is Gross National Income e..
Draw a graph of one of these markets and show the effect of one of these policies. What effect is this likely to have on the market, and is this a good or bad i
Suppose the average value that a person in a certain city places on having 1000 extra police of?cers out on the streets for a year is $10. Some people have a higher value and some a lower value. The population is 7 million.
identify the four major tools of monetary policy? how can monetary policy address the problem of inflation? explain
Suppose the U.S. and Mexico both produce 2 goods, tablets and cereal, using 2 inputs, capital (K) and labor (L). The production of tablets is capital-intensive, and that of cereal is labor-intensive. The U.S. is a capital-abundant country, and Mexico..
Answer the following concerning the benefits and costs of labor pooling:
Linear actuators coupled to servo motors are expected to save a pneumatic valve manufacturer $19,000 per quarter through improved materials handling. If the savings begin now, what is the future worth of the savings through the end of year 3 if th..
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