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Professional codes of ethics for mediators require them to maintain strict confidentiality. No matter what they are told by a disputing party, they cannot reveal it to anyone else. Is this a good thing, or should they revise their codes of ethics?
q1. used music cds rise in price from 7 to 8 and total revenue falls from 700 to 640.bull a. is the demand curve over
Consider a Cournot duopoly with the inverse demand p = 130 - Q. Both firms have constant marginal and average cost MC = AC = 10. Find the Cournot-Nash equilibrium output and profit of each firm. Calculate the con-sumer surplus and DWL.
Which of the following represents a mandatory government outlay?
If the entry barrier is removed consumers will be better off because consumers will enjoy greater consumer surplus. Explain.
Select 3 basic strategies that a multinational corporation might use from the following list of strategies: vertical and horizontal integration, outsourcing, merger and acquisition, limit pricing, product differentiation, price discrimination and tra..
Monopolies can sometimes find themselves in difficult financial situations that lead to losses. Suppose Mr. Burns Power Company has a monopoly for providing electricity in Springfield. What happens to the market when Mr. Burns raises the price he cha..
Consider education (e) and health (h). Education depends on school inputs (like good teaching and school supplies), denoted s, and on health. School inputs and health are perfect substitutes in the production of education: Find the equilibrium levels..
which in this case is lagged second difference. Note that it remains below zero after stock market crash of 1987. You can also do same thing for or variables. Are they fairly consistently away from zero. If so, can you design a rule to make money.
q.consolidated salt company sells table salt to both retail grocery chains and commercial users e.g. bakeries snack
Compute the point elasticity of demand at this TR-maximizing price also quantity. Does the elasticity have the expected value.
The Townsville City Council is considering a proposal by the mayor to construct a recreational facility at a cost of $1.0 million. The facility is expected to have a useful life of 30 years during which operating costs are expected to average $100,00..
Find National Trade Data. Determine the trade balance between the U.S. and China for the most recent five year period. Illustrate the trend over this period with a graph of the data.
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