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Describe the current global economic conditions and their effect on local macroeconomic indicators for your good or service.
Describe the local economy's stage in the business cycle.
Describe how current credit market conditions affect your planning or operating decision for your good or service.
No more than 2100 words (in addition to the 1400 word paper completed in week four, an additional three pages at most is needed)
Is the market for coffee perfectly competitive and does the coffee market meet all six conditions of a perfectly competitive market?
How can you justify the existence of government-granted monopolies for public utilities such as natural gas distribution and electricity in the light of traditional economic argument that the more competition there is, the more likely it is that a..
There are two types of apartments in the city: Good (20%) of the apartments) and bad (80% of the apartments). You could live in either of them, but you would prefer a good apartment.
State the commodity in which each country has absolute advantage and identify the commodity of comparative advantage for each country
Find all Nash equilibria in pure strategies and what is the Pareto Optimal outcome under collusion? Show that this outcome is not sustainable.
although new york state is second only to washington state in production of apples its production has been declining
For a typical competitive firm, the price in the long run equilibrium will tend to: be greater than average cost, be equal to average cost, be less than average cost, intermediate
• Identify an industry that the Internet has transformed or destroyed. • Then think of a new industry that the Internet has created. • What are the reasons behind the changes
Suppose that an industry cartel wishes to keep a new entrant out of an industry. Cartel members can conduct "predatory pricing", where the cartel lowers its price until the entrant leaves, after which it returns it price to the cartel's optimal (m..
Define moral hazard in a general way and then provide a more specific definition of moral hazard in an insurance market.
Discuss how inflation affects the rate of return required on the investment project, and the distinction between a real and a nominal (or‘money terms') approach to the evaluation of the investment project under inflation.
critics of traditional welfare programs often argue that a downside of traditional welfare programs is that when the
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