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Q. Numerous times in history, courts have issued consent decrees requiring large companies to break up into smaller competing companies for violating antitrust laws. Two best known examples are AT&T and Microsoft. Many argue that breaking up a monopoly is a Pareto-efficient change. This interpretation cannot be so because breaking up a monopoly makes its owners (or share holders) worse off.
Do you agree or disagree? Explain your answer.
Discuss a situation in which both parties entering into a contract could benefit from slightly ambiguous language contained in the agreement.
In the northeast US and in eastern Canada, many citizens heat their homes with heating oil. Suppose you are one of these people, and you are expecting a cold winter, so you are considering your heating oil requirements for the season.
explain how many car companies will buy a new car assembly machine. Interest payments are made once a year.
Illustrate what amount of profit does the industry fail to pick up by refusing to increase output by one unit
Where Q is the production and V is the number of employees working 8 hours a day
Illustrate what should be the construction level if fixed costs rose to $48,000 per month?
If Rob and Nate are the only people who purchase discs, graph the aggregate demand for discs and write down the equation for this aggregate demand function.
illustrate what can you say about the price elasticity of demand for DVD players. Will this price reduction necessarily lead to an increase in profits for DVD player manufacturers.
Make a table showing the value of marginal product for each screen from the first through the fifth. Illustrate what property is illustrated by the behavior of marginal products.
Elucidate why general level of wages in the united states and other industrially advanced countries. What is the single most important factor underlying the long-run increase in average real-wage rates in the united states
Elucidate what is michelle's opportunity price of producing 200 potatoes in a year. what is michelle's cost of producing 50 chickens in a year.
The manager of a corporate division faces the possibility of an audit every yr. She prefers to spend time preparing if she will be audited
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