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Q1. 1. Why do cartels tend to break up?
2. (a) Illustrate what are the major sources of risk for the firm?
(b) Illustrate what additional risk comes from international investments?
Q2. Opponents of the Constitution demanded inclusion of the Bull of Rights because they feared abuse of power by?
Q3. Coke also Pepsi have their market dominance for nearly a century. General Motors also Ford have been hard hit by competition. Illustrate what is different about the product/market situations in these two cases which affects maintainability?
The biggest difference between Microsoft and software retailers is the market structure in which they operate.
Illustrate what is the marginal income product of hiring one low-skilled worker to clear woodland for one month.
The risk premium it charges on its loans is classified as profits in economics.
Why do celebrity icons receive such widespread attention and adulation
In a typical day the store sells some of each type of cola, which suggests that Major League Baseball has adopted FOA because it fears that regular binding arbitration is addictive.
The government budget is balanced, with government purchases and taxes both fixed at $1,000. Net exports are $100.
What is the impact of a tax cut in an economy operating under a flexible exchange rate regime on household spending, interest rates.
Draw his budget constraint in terms of S and T. What is the slope of the budget constraint and how does it relate to the relative price.
Explain how much difference can a logo make on two shirts which are otherwise identical. Illustrate what type of market is this.
Suppose that the market for wheat is characterized by the following demand and supply relationships.
Assume that the newspaper can't differentiate students from teachers and can only charge a fixed price per article.
Wal-Mart is often criticized for importing many of the goods they sell. Why do they buy goods from foreign markets.
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