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Complete the following two questions
a) In the long run, the entry of competitors in the form of either new firms or new products continues until?
b) A firm will discontinue a product if the discounted present value of profits that it expects from that product is less than?
According to the description of fixed investment, how would you expect a firm's investment decisions to be affected by asudden increase in demand for its products What factors would determine the speed of itsreaction
Relate the concept of "webs of independence" to organizational systems. Write a 150 words about how you going to handle that concept when you were a CEO.
Here is an article for discussion http://www.uniteduc.org/why-is-education-so-important why education is so important?
What happens in the long run when the patent expires and otherfirms are free to use the technology?
Each of the ten families on a suburban block is likely to have its own power lawn mower. Why don't families more often share a single lawn mower? Try to enumerate the principle transaction costs that stand in the way of such a cooperative arrangem..
Illustrate what are the long-run effects on prices, output, and profits in monopolistic and monopolistically competitive industries.
Assume the Required Reserve Ratio is 10% and the balance sheet of the People's National Bank looks like the accompanying example:
based on the criteria used by the bureau of labor statistics bls identify each persons status as employed unemployed
An entire box of ice cream, plus 3 scoops from a second box is served at a party. How much ice cream do you expect to have been served at this party? What is the standard deviation of the amount of ice cream served?
Assume that the initial size of the U.S and the Europeanautomobile markets are 300 million and 533 million people, respectively.a. Calculate the equilibrium number of firms in the U.S. and European automobile markets without trade.
Utilizing an aggregate supply and aggregate demand diagram, show why this self-correcting process involves only temporary periods of inflation or deflation.
What is the level of injections - what is the level of withdrawals and what is the value of the multiplier?
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