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The long-run equality of price and minimum average total cost means that competitive firms will use the most efficient know technology and charge the lowest price consistent with their production cost. That is, the firm will achieve productive efficiency.
Explain briefly what the covered interest parity (CIP) and uncovered interest parity (UIP) arbitrage conditions are and how they operate as equilibrium conditions for the spot and futures foreign exchange (FX) markets.
Assume the marketing environments of each country comprising but not limited to cultural, political, legal, and economic influences.
Assume demand and supply conditions in the competitive market for unskilled labor are as follows.
Elucidate several dimensions of the shareholder-principal conflict with manager-agents known as the principal-agent problem.
Determine the pros and cons of the following consequences of outsourcing decisions made by United States firms in response to increasing globalization and tougher competition in marketplace.
A decrease in government spending will cause a(n) increase in the quantity of real domestic output demanded. decrease in the quantity of real domestic output demanded. decrease in aggregate demand. increase in aggregate demand.
Elucidate why the MP/P relation is deficient as the sole mechanism for determining the optimal level of resource.
suppose more home owners cant afford their mortgage and gave up their houses. In the context of the market quantity supplied and quantity demanded diagram, what will happen to both markets in term of Q's, P's and equilibrium.
Elucidate the dispute resolution options available to Bobbie Sue and Suzy Q and the primary differences between each option.
15 page term paper on International Business from economic view point. The topic is effect of corruption on Chinese and Indian economy and how India's IT sector (or could be any other sector in which compared to China the corruption is less) is ab..
In the Keynesian, Classical, as well as Solow model, Elucidate the impact of an increase in production technology
Carson Company is attempting to compare their services offered by different banks as it would like to have all services provided by one bank. Explain the different types of services provided by a financial institution that may allow Carson Company..
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