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If several different sovereign nations form a cartel within the energy industry such that the four-firm concentration ratio is 0.90, does the concentration ratio necessarily represents the relevant market and should this be considered a violation of the anti-trust laws of sovereign nations that are not part of the cartel? Are there any market forces that will eventually cause the cartel to collapse?
Assume that the market for wheat is perfect competitive, with demand curve P = 5000 ? 0.01QD and a supply curve P = 1+0.1QS. Each identical wheat producer has a total cost curve given by T C = 1+Q+Q2 , which results in marginal cost of MC = 1 + 2Q. W..
Suppose your firm produces electricity by burning coal. Currently it buys central Appalachia 12,500 BTU per ton coal at the market price of $52 per ton.
david gets 3 per month as an allowance to spend any way he pleases. since he likes only peanut butter and jelly
Analyze Elucidate how Boeing also Airbus approach the aircraft marketplace, Elucidate how they are alike also different.
Rick Nash, a player for the Columbus Blue Jackets hockey club earned $5.25 million this year. The CPI for this year is 225, base year 1983. If Rick were to maintain his current purchasing power how much would he have earned in 1983?
How much profit does the monopolist earn? How much consumer surplus is left? (if any) Calculate the social welfare loss.
an across-the-board tax reduction in income tax rates or a package of tax-relief measures that would give every household a $200 tax rebate and allow them to deduct the interest they pay on credit card purchases?
What proportion of the tax will be paid by the suppliers of Martin guitars? How many guitars will be sold after the tax is imposed?
Jimmy has a room which overlooks, from some distance, a major league baseball stadium.
According to the five forces of the Porter's model, the organization of an industry can be analyzed in terms of its structure, conduct and performance. Discuss. Is it always true that structure causes the conduct and thus performance of an industry? ..
calculate the price elasticity of demand for each product and compare with your teammates' elasticities.
q.assume that an economy characterized by m 6000 billionv 2.5p 100a illustrate what is the real value of output q?
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