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Discuss some examples of local markets which are "monopolized." Is this type of monopoly good or bad? What are your thoughts. (Note: Most monopolies are found on the local level.
What price would you bid if you must win the project - What price would you bid if you want to maximize the expected value of the contribution from this contract?
The question is related to economics and it is explain about externalities affecting resource allocation, public goods and their implication on the profit of a firm have been answered.
Describe in your own words how a perfect competitor maximizes its profit, and why its profit is zero in the long run?
Find and expression for the marginal rate of substitution (MRS x,y ) at any point (x, y). Suppose x = 3 and y = 2, what is the MRS x,y ?
A restaurant with $1 million in annual sales has costs of $350,000 in wages, $450,000 for food, utilities and other supplies, and $100,000 in rent. How much is this restaurant contributing to GDP?
according to classical economists the aggregate supply curve isa.vertical in both the long run and the short runb.
create an ethics based organizational culture
A large electric utility company has proposed building an $820 million combined cycle, gas powered plant to replace the electric generation capacity at one of its coal fired facilities. Developed three other alternatives for replacing this electric g..
by defining a products market we will be able to know who are the competitors in this market what products they offer
Is there a conflict between the cigarette pack labeling law and the DOA price support program for tobacco with respect to this goal, or do the labeling law and the support program work together to reduce cigarette consumption?
Describe the major characteristics of monopolistic competition and oligopoly.
Structures and Functions of Financial Institutions
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