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In 1995 the U.S. Justice Department sued to block a merger between Microsoft and Intuit, the producer of the nation's best-selling business software. The Justice Department argued that the merger would lessen competition and raise prices of business software. Is there an economic argument that the merger might actually result in lower prices? Explain
Elucidate the dynamics through which an increase in the stock of money affects real output and the price level in the short run.
Consider a mutual fund with $720 million in assets at the start of the year and with 10 million shares outstanding.
Explain how does the existence of money reduce the costs of making transactions relative to a society based entirely on barter.
illustrate what cost-minimizing combination of K and L will the manufacturer employ for the output levels in part a.
Using your understanding of the financial system, the demand for money, banking and the money provide, interest and spending, the stock market, interest and investment.
Forecast Ace weather's mercury requires for January, April, July, September also December of 2007. The following actual also forecast values of mercury requires in the month of November have been recorded.
Explain how are the gains from trade shared among the parties to a trade. Is it possible for specialization and trade to increase total output of traded goods.
Assumptions make the nation easier to understand because they simplify reality and focus our attention.
Compute the profit-maximizing output for the price leader. Illustrate what the market price is given the price leader's output in (c). Elucidate how much does each competitive firm produce.
Explain how will the market restrain economic freedom. Explain how will society produce goods and services at lowest cost.
The terms of trade if the united states trades 1 can of soda for 5 units of clothing.
Using the travel cost method, evalute the annual active use value of this area to the people living in these cities.
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