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1- The Department of Justice concluded that satellite radio is not a market in and of itself while reviewing XM and Sirius merger. What other kinds of competitors did the DOJ include in the market? Discuss.
2- To whatever extent you find the paternalistic and externality arguments convincing, what types of responses might they justify? Consider, for example, educational TV. If the FCC believes that it would benefit society to have more children watching educational TV, is it sufficient response for the government to increase the amount of educational TV available, perhaps by offering more funding to PBS? Must the government do more, perhaps both funding PBS and restricting the simultaneous broadcast programs that children prefer?
Nevertheless your total unit sales have increased over this period. Assuming rational buyers and no deceptive advertising, how can you account for this.
Harry values a new jacket at $100 and buys it from Jenny at $80 (costing her $70 to produce it). Jim then offers Harry the same jacket at $60. Harry buys the jacket from Jim, and stops buying it from Jenny. Which of the following makes this event Par..
Some reject fiscal stimulus measures in all policy forms. Explain what the various limitations are to a successful fiscal stimulus. Be sure to consider the damaging activities and decisions of (a) private corporations, (b) commercial banks, and (c) w..
Sales and profits for a new product are uncertain. The predicted sales may be as high as 10,000 units per year with a probability of 10%. The most likely value is 7,000 units per year. The pessimistic value is estimated to 5,000 units per year with a..
Over the last seven chapters you have hopefully been reading each chapter’s “running case”- Wal-Mart. Given that this chapter concerns corporate-level strategy, it is appropriate that we tie together the elements of the running case to consider Wal-M..
Utilize economic theory to analyze the likely labor-marketplace effects of the growth in these awards, assuming that the wages in these jobs stay constant.
A chemical company determined the need for a chemical additive that will improve their product by 20%. The company’s CEO arranged to purchase the additive through a 5-year contract at $7,000 per year, starting 1 year from now. He expects the annual p..
In my class Strategic Management, I want to know if anyone read the "Howard Schultz and Starbucks Coffee Company" case study in the textbook. Was Schultz's strategy a blue ocean strategy? A red ocean strategy? Elaborate on your decision.
Explain how many tickets would the team be able to sell (ignoring capacity constraints) if it behaved competitively and set p = MC. Explain hHow many tickets would it sell -and at what price - if it behaved like a monopoly.
q1. suppose the federal reserve has set the required reserve ratio at .20. second republic bank currently has 150000 in
A profit-maximizing monopolist produces an output level at which
A study finds that leaf blowers make too much noise, so the government imposes a $10 tax on the sale of every unit to correct for the social cost of the noise pollution. The tax completely internalizes the externality. Before the corrective tax, Blow..
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