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Why have tech firms with near monopolies in their own sectors sought to compete with tech firms that have extremely strong, near-monopoly positions in other sectors? b.) Please provide two full paragraphs regarding non-price competition in the Monopolistic Competition market model...explain the characteristics by relating them to some examples of companies or products in the model;
c.) Additionally, provide two full paragraphs regarding Oligopolies from the viewpoint of overt and covert collusion; factors that prevent collusion and why the government would concern itself with collusive behavior.
d.) Find any article from within 3 years only...regarding mergers and acquisitions...find the company and note whether it was a successful merger or one in progress; did the FTC (Federal Trade Commission) get involved; do a one paragraph summary and three paragraphs on the success or failure or progress and your opinion regarding impact on market share and the consumer.
a) How many units of the each of the two products will the consumer purchase b) What is the total utility realized from the optimum purchase c) If the price of M decreases to $3, would your decision on purchasing change
Political business cycle: Do economic events affect presidential elections? To test this so-called political business cycle theory, Gary 5rnith20 obtained the following regression results based on the U.S. presidential elections for the four yearl..
What do the stories, "Young Goodman Brown," "Dead Man's Path," and "A Very Old Man with Enormous Wings" imply about people who claim to be religious? Is this a positive view of worship or a negative view?
At the end of each year, a worker invests $2,000 into an account the draws 4% interest. The worker makes every payment for the next 30 years except for the payment at the end of year 10. That is, no money is invested at the end of year 10. How muc..
The Manchester Athlete's Club (MAC) is a private, not-for-profit athletic club located in St. Petersburg, Florida. MAC currently has 3,500 members but is planning on a membership drive to increase this number significantly. An important issue faci..
When the colts won the super bowl the demand for peyton manning's jersey was: P = 210 - 0.002Q with a corresponding marginal revenue of: MR = 210 - 0.0004Q IF the marginal cost of producing a jersey is $10, how much are the trademark licensing rig..
If the cross-price elasticity of aluminum with respect to steel is 2.0:a) what happen to the quantity demanded of aluminum if the price of steel increases b) Are aluminum and steel substitutes or complements
Enter the value of the test statistic in the box below (rounded to 2 decimal places). 0 using a t-test with a 5% significance level and enter the critical value in the box
Suppose that under a new law, all businesses must pay a tax equalto 3% of their sales revenue. Assume that this tax is not passed onto consumers. Instead, consumers pay the same prices after the taxis imposed as they did before.
Qx= 1100-30Px-40Py+30Pz+.025M, where M is income and Py and Pz are the prices of related goods. Py=$15, Pz=$50, and M=$40,000. Now assume Px=$60, and income is still $40,000. What is the price elasticity of demand
Over a period of years, a toothpaste has received a mean rating of 5.9, on a 7-point scale, for overall customer satisfaction with the product. Because of a minor unadvertised change in the product
The production function is Q = ALaKb, where a > 0 and b > 0. a. The marginal product of labor is MPL = b. The marginal product of capital is MPK = c The marginal rate of technical substitution is MRTS =
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