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A researcher has data on accounting profits, HHI, and different conditions of entry for different Canadian industries for the year 2009. Using this cross sectional data set, the researcher has estimated the coefficients of a model in which accounting profit in an industry is a function of concentration and conditions of entry. He concludes from his analysis that increased concentration has little effect on profits. Should we accept his conclusion? Why or why not?
In March of year 2020, the Performance Marketing Company begins construction on a new warehouse.. This warehouse operation will be the only business activity of this new company (thus this is a small company with no other taxable income besides th..
After consuming one Coke, John has a total utility of 10 utils. After two Cokes, he has a total utility of 25 utils. After three Cokes, he has a total utility of 50 utils. Does John show diminishing marginal utility for Coke.
Based on current dividend yields and expected capital gains, the expected rates of return on portfolios A and B are 11% and 14%, respectively. The beta of A is .8 while that of B is 1.5. The T-bill rate is currently 6%, while the expected rate of ..
Large firms operating globally develop strategies based on the type of industries and businesses in which they compete. Explain the four basic international business strategies discussed in the course and the Hill text.
Find the equilibrium quantity and price. What is the total health expenditure on the services considered in the demand-supply functions?
a firm that you have done business with recently. What industry does this firm belong to For example, McDonald's is a firm in the fast food industry. What market structure would this industry fall under What are the names of other firms in this in..
In the context of the IS-LM model, what is the effect of each of the following on equilibrium output and the real interest rate? Explain why these effects occur and show graphically.
Describe the current status of Real GDP and unemployment rate and inflation rate.
Explain why the Aggregate Supply curve becomes increasingly steeply sloped at levels of RGDP near "full employment" and becomes especially steeply sloped beyond "full employment" RGDP (hint: this topic is not discussed in your text. you will need ..
The law of comparative advantage recommends that countries specialize in those products in which they have a comparative advantage, not an absolute advantage.
Elucidate the adjustment that will take place in the catfish farming industry in Louisiana that will result from the implementation of the pollution fee. Use diagrams with "U" shaped cost curves.
estimate the average years of seniority for employees working for Kaneko Ltd. The files of 49 workers are selected at random. Average seniority for those in the sample is 13.6 years. Assume you know the population standard deviation is 5.2 years.
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