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Economic theory would suggest that the profitability of an industry would be
a. Directly related to the number of firms competing in the industry.
b. Inversely related to the number of firms competing in the industry.
c. Unrelated to the number of firms competing in the industry.
d. Zero in the long run, regardless of the market structure.
Illustrate what advice would you offer Kyle also Chad when they are ready to present their business plan to a banker.
Suppose a caffeine-deprived man needs to wake up. Suppose his preferences on a day can be described by U=3*coffee+2*tea. If the price of coffee is $4 and the price of tea is $1. He has $12 to spend on these drinks on a day. Find his utility for the f..
The company wants to replace office equipment like machines and computer at assorted times over the five year planning period.
Depreciable residential rental real property has been purchased for $70,000 and put into service during the third month of the taxpayer's tax year. For the applicable 27.5 year depresiation life. How many months of depreciation should be generated fo..
q1. a monopoly with constant marginal costs of 50 can sell to three groups of potential consumers with demands q1 800
A fund has an alpha of 0.73 percent and a tracking error of 4.9 percent. What is the fund's information ratio?
Assume that there are two identical firms in an industry, each producing the same good at the same constant marginal cost of $60. Make a table, similar to the one we made in class, for the Bertrand, Cournot and Monopoly models, showing the following:..
Illustrate what price also quantity would prevail after the imposition of the tax
Calculate gross national product and net national product
Which segment of the population is one of the wealthiest in the U.S.?
Illustrate what makes measuring economies of localization or economies of urbanization difficult.
Draw a demand and supply diagram of a bond market and show the equilibrium price and quantity demanded and supplied in the diagram. What are the factors that shift these demand and supply of bonds? What is the relationship between bond market prices ..
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