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There are 10 firms of equal size in an industry. If 2 of the firms merge (a) find the new concentration ratio; (b) find the new herfindahl-hirschman index.
If there were a global market in water, like there is in oil, how do you think the market would work Would a free world market in water achieve an efficient use of the world's water resources Explain why or why not.
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You decide to open a retirement account at your local bank that pays eight percent/year/month (eight percent per year compounded monthly). For the next 20 years, you will deposit $600 per month into the account, with all deposits and withdrawals occu..
discuss the risk importer exporter lms and how to overcome it in each of the following economic conditions fluctuations
Find the first order conditions and find the asset demand function for a when utility takes the log form, as in 1B above.
Recent changes in airline baggage handling limit travellers to one 40-50 lb checked bag without penalty. Is this good FAA-imposed public policy? Good for whom? Bad for whom? Why should the FAA impose the rules instead of individual airlines offering ..
Why was/were the firm(s) investigated for antitrust behaviour? Identify some of the costs (pecuniary and no pecuniary) associated with the antitrust behaviour (firms having power in the market). Additionally, note the specific antitrust act (Sherman ..
Explain the relationship between customers, Businesses and Government in determining the extent of economic activity. Is there a disproportionate degree of power between the Business , Households and Government sectors in answering the Central Econom..
Calculate the (arc) price elasticity of demand for coffee and based on your answer, is the demand for coffee elastic or inelastic?
suppose that the firms initial demand curve had been p 5000 - 50q and that it shifted inward to p 4000 - 50q. assume
The list price of an orange dial Luminox watch is $650. Katz Jewelers receives a trade discount of 30%. Find the trade discount amount and the net price.
suppose that there are two products clothing and soda. both brazil and the united states produce each product. brazil
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