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If oligopolists compete hard against each other.
a) they end up acting very much like imperfect competitors
b) they end up acting very much like monopolistic competitors
c) costs for all are driven up
d) zero profits result for all
q.q1. how would i approach this problem? assume that kathy drinks coffee as well as tea as well as is in consumer
Suppose that in January 2014, Joe Biden had borrowed $50,000 from his bank and paid an interest rate of 3%. He paid it back on December 31, 2014. What was the nominal interest C rate that Mr. Biden paid to his bank? (1) What was the real interest rat..
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q. demand can be predicted with experimental data cross-section data or time-series data. in this case cross-section
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The Federal Open Market Committee directive is a
Suppose the European Union (EU) is investigating a proposed merger between two of the largest distillers of premium Scotch liquor. Based on some economists definition of the relevant market, the two firms proposing to merge enjoyed a combined market ..
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Illustrate what is the tax burden on consumers also producers. Illustrate what is the deadweight loss.
Illustrate what is the value of the equilibrium exchange rate. Assume the demand for dollars increases by 300 billion at each exchange rate.
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