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Explain why the cost structure associated with many kinds of information goods and services might imply a market supplied by a small number of large firms. At the same time, some internet businesses such as grocery home deliveries have continually suffered steep losses regardless of scale. Explain why.
Could lower transaction costs make it easier for small suppliers to compete?
Network externalities are often an important aspect of demand for information goods and servcies. The benefits to customers of using software, participating in electronic markets, or using instant messaging increase with the number of other users.
How might network externalities affect firm operating strategies pricing, output and advertising and firm size?
Describe the idea of trade offs cost also benefit analysis when answering the above question.
Illustrate what are some advantages of a unionized organization. What are some disadvantages.
Suppose the price elasticity coefficient anticipation of the Christmas season. Estimated 4th quarter sales volume will be.
In current years non-tariff barriers have gained in importance as a protectionist device. Describe and evaluate the major non-tariff trade barriers.
Illustrate the potential problems of economic transition from a planned economy to a competitive free-market economy.
There are over 5,000 banks in United State. more than ten times the number per capita than other industrialized countries.
Explain how did the Mexican peso crisis differ from the Russian ruble crisis. What was the role of the IMF in these two currency crises.
As a budding entrepreneur, you have purchased a small bagel shop. You have engaged in a market study to categorize your customers' willingness to pay for a meal (coffee+bagel) into 8 equal sized groups: ($5.00, $4.50, $4.00, $3.50, $3.00, $2.50, ..
Draw an AS/AD diagram which shows what happens if strong growth in AD has pushed actual RGDP to a level above potential (full employment) RGDP.
Find out the marketplace value of output and household saving. What is the relationship of saving and investment.
Later on evaluating either it should build the company the firm decides that it should:
A clinic finds that by eliminating appointments it can reduce costs. The clinic is able to eliminate some telephone staff, and physicians become more productive. Patients wait until the physician is available, so there is virtually no down time. D..
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