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Compare the efficiency of monopolistic and perfectly competitive markets.
Discuss the economic factors that lead to the development of monopolies. Examples of monopolies include electric utilities, railroads, airlines, cable television, and sports leagues. Try to focus your answer on a specific industry.
Governments grant temporary monopolies through patents and copyrights to pharmaceutical companies, authors, and artists. Consider the trade-offs that society must make when granting those temporary monopoly rights.
Given what you know about perfectly competitive markets, compare the efficiency of monopoly and perfect competition. Which is more efficient? Explain your reasoning and try to illustrate with a hypothetical example.
What is the NPV break-even level of sales assuming a tax rate of 35%, a 10-year project life, and a discount rate of 12%? (Do not round intermediate calculations. Round your answer to the nearest whole number.)
The U.S. economy fell into a recession in 2001 and then proceeded into a slow-growth recovery due to a decline in investment. Show how a change in investment can have a big impact on GDP causing a national recession. Illustrate by showing what it loo..
If you each charge a high price, you each earn profits of $200. If you charge different prices, the one charging the higher price loses $50 and the one charging the lower price earns $300.
Respond to the question and to other students' postings. Consider the following when posting your responses: Why might this be the right form for the new business? What might some of the disadvantages be?
Illustrate what happens to output and the optimal scale of a firm, and price if there is a free entry into the market.
q1. when the value of a nations imports exceeds the value of that nations exports the nation is said to have what?q2.
Suppose we are with a real estate agency that has the following houses listed in a specific geographic area. $150,000; $146,000; $152,000; $155,000; $143,000; $157,000; $180,000; $148,000; $154,000; $146,000; $155,000
How much time will an e client deer spend in each patch when re are n deer. Min. Avg. Cost Sincere is free entry into deer business, equilibrium population is maximum number of efficient deer who can survive.
Consider the following statements on the basis of positive economic analysis that assumes ceteris paribus. Liston other thing that might change and thus alter the outcome stated.
Assume an endogenous growth model with labour augmenting technology.
Explain what would the cross-wage elasticity between teenagers and adults have a positive or negative sign.
q.refer to the baseball 2010 data which reports information on the 30 major league baseball teams for the 2010 season.
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