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1. Why do we need microeconomics?
2. What makes Perfect competitive firm efficient market?
3. Explain the elasticity of demand and taxes.
4. Explain increase demand and increase in quantity demanded.
5. What makes pure monopoly an inefficient market
6. Sole proprietorship and the market
7. Corporation and the market
8. Oligopoly and the market
9. What makes a Monopolistic competition different from pure competitive firm
10. How can you make an economic profit in business?
At the same time, a number of less capable fringe firms are emerging. How do these features fit into an industrial organization (IO) view of the market versus a resource-based view (RBV)?
Would you assume this as an externality, and if you do, what would you suggest be done about it.
Illustrate what should the government's role be with respect to regulating accounting firms in the wake of mismanagement and accounting irregularities.
A sudden and sharp increase in gas prices will have what impact on the market for the following (be sure to discuss both supply and demand):
The government uses policies like student loans and free trade to influence the economy's growth rate. In 600-1200 words, identify at least four policies from the textbook that the government has created to impact economic growth and productivity.
What are major reasons for government involvement in a market economy such as the software industry (e.g. externalities, increasing returns to scale (failure of perfect competition), absence of futures and insurance markets, failure to attain full..
Suppose that the total benefit and total cost from an activity are, respectively, given by the following equations: B(Q) = 28Q – 5Q^2 and C(Q) = 100 + 8Q. (Note: MB(Q) = 28 – 10Q and MC(Q) – 8.)
Global Widgets Corp is a manufacturing company that builds standardized galvanized metal benches for sports arenas and stadiums-Do you think one of these firms would be more likely to benefit from a de-centralized decision making organizational arc..
a. What was the increase in GDP generated by Margret's activity? b. What are her certain contributions to consumption, investment, and net exports? c. What is the value of production that was newly created by margret's productive activity?
Japan has traditionally had an employment system characterized by a "lifetime" employment relationship between employer and employee and salaries that are based on length of service with the employer-starting low
1. which of the following best illustrates the concept of the fact that people respond to incentives? jordan is
Illustrate what are some polices the U.S. government could take to increase U.S. economic growth.
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