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If you were the owner of an automobile company and decided to market internationally, what kind of competition would your business face?
Would you face imperfect, monopolistic, oligopolistic, or perfect competition? What sort of circumstances would you have to be aware of, and why? What if you were a major retailer in the United States? Do you think you know enough at this point to make a major decision like this? Why or why not?
News Analysis. Analyze a news from a global newspaper (Financial Times, Newsweek or a similar one), delivering a report that could be useful for your company to take a managerial decision.
How can we measure the opportunity cost of producing a good? Using a bowed outward production possibilities curve between ice cream and hammers, identify graphically the opportunity cost of obtaining an additional hammer.
Studies indicate that the price elasticity of demand for cigarettes is about 0.4. If a pack of cigarettes currently costs $5 and the government wants to put a tax on it to reduce asmoking by 20%, what should be the size of the tax per pact of cigaret..
Choose an article in a newspaper or magazine that discusses a United States government policy on goods or services.
what is the difference between a movement along and shift of the demand curve? show the impact on the equilibrium price
The demand curve for haircuts at Tanas Hair Design is P = 40 – 0.40Q where Q is the number of cuts per week and P is the price of haircut. At a price of $15, should Tanas raise the price of the haircuts?
answer based upon your knowledge of economics and class notes on differenes in wages and discrimination make and wage
Identify what problem this economy is facing and describe two specific policies the Federal Government might follow assuming the MPC in this economy is 0.67. Provide specific numbers when describing the outcomes of the two different policies and e..
a. suppose the demand function for cable tv service is given by qctv 15 - 0.25xpctv 0.0005xm 0.3xpstv qctv is the
Southcoast Oil's fixed costs are $2,500,000 and its debt repayment requirements are $1,000,000. Selling price per barrel of oil is $18 and variable costs per barrel are $10.
the elasticity of demand for home computers is -2.5 the elasticity of demand for business computers is -.90 and the
"It is Adam Smith's greatest contribution that he recognized in the social world of economics what Isaac Newton had recognized in the physical world of the heavens: a self-regulating natural order." Paul Samuelson a. What was that "self-regulating..
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