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Most European countries have nationalized their universities and colleges. Consider that some countries have also used the law to ban private colleges. Should higher education be classified as a natural monopoly in these European countries? Explain and justify your answer and use appropriate examples to support your conclusions.
Next, consider the case of several large, established pharmaceutical manufacturers such as Merck. What type of market form do you believe that such manufacturers operate under?
Which will be the outcomes of the bargaining process
Include a brief explanation of each choice and indicate whether you were very sure of your choice or whether you thought the classification depends on how the market is defined Write a classifying each of the following industries into the appropriate..
Explain and discuss the differences between private goods, public goods, natural monopolies, and open-access goods.
in 2010 many unskilled workers in the united states earned the federal minimum wage of 7.25 per hour. by contrast
Explain the various impacts of an import tariff in small nations vs. large nations. What are the three main reasons governments prefer using a tariff to restrict imports versus quotas?
answer each of the following question in one or two paragraphs.1-describe the difference between average revenue and
How would your life be different without one of your motivations? Review hunger, sexual, and the higher motivations and pick one that is particularly interesting to you. What about your daily life would change? How would it change your long-ter..
What purposes does the regulation or policy serve - Give a specific example of how the regulation or trade policy might impact developing nations.
A common feature of home construction constricts is that when it costs more to construct a building than was originally estimated. The constrictor must absorb the additional cost. Explain in no more than three sentence how this feature reduces the pr..
What levels of G and T are needed to both move to full employment at Yf and balance the budget? Now assume economy is operating at full employment and that the budget is balanced. Suppose that the government imposes an income tax with a marginal t..
Skip's Seal coating Service increased its total monthly revenue from $12,000 to $13,500 when it raised the price of driveway repairs from $600 to $750. The price elasticity of demand for Skip's Seal coating Service is
write a 4-6 page 12 point font double-spaced essay evaluating the role of governments in assuring that developing
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