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In which of the following market structures can firms earn economic profits in the long run?
a. perfect competition
b. monopolistic competition
c. monopoly
d. Both b and c are correct.
Characteristics of Proprietorships what percentage of sole proprietorships is engaged in retail trade? Why might more sole proprietorships be engaged in services rather than manufacturing?
Suppose your business had an e-commerce Web site where it sold goods and accepted credit card payments. Discuss the major security threats to this Web site and their potential impact. What can be done to minimize these threats?
Based on your understanding of the aggregate supply and aggregate demand model and the IS-LM model. graphically illustrate and explain what effect an decrease in the money supply will have on the economy. In your graphs, clearly illustrate the short-..
The 4th Amendment protection against unreasonable search and seizure has been jealously guarded for over 200 years. Consequently, all Americans are entitled to a reasonable expectation of privacy. How would you describe this standard, this so-call..
q1. difference between deflation and disinflation? what is bad about deflation? can you distinguish between anticipated
You are employed as an economic consultant to the regional planning office of a large metropolitan area, and your task is to estimate the demand for hospital services in the area. Average travel time to the hospital goes down by 10% due to improvemen..
Business Law: In the movie Jaws, the Mayor of Amity and a few other men try to persuade Chief Brody not to close the town’s beaches. If the chief keeps the beaches open and a swimmer is injured or killed because Brody failed to warn swimmers about th..
Decide whether each of the following statements is a normative statement or a positive statement, then explain your answer. The gasoline tax is projected to yield $10 million in tax revenue next year. If the gasoline tax was raised by 10 cents per ga..
A merger will likely lessen competition if
Examine KANO Analysis of customer requirements also come up with some questions (also answers) concerning it.
Discuss in detail issues relating to the future of microfinance as a tool to reduce and alleviate poverty especially in the developing and least developed countries.
Consider the famous governors we have discussed in the lessons. Which of these governors do you believe to have been the most influential in growing the powers of the office, in using the office effectively, and best represented the ethos of a Texas ..
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