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A century ago, most British imports came from relatively dis
A century ago, most British imports came from relatively distant locations: North America, Latin America, and Asia. Today, most British imports come from other European countries. How does this fit in with the changing types of goods that make up world trade?
Illustrate what market did Microsoft have a monopoly in the late 1990s. What technological advances threatened that monopoly.
Illustrate how you would use the rest of the information above to better assess the impact of the influx of immigrants.
Elucidate which you are familiar and identify the marketplace structure of that organization. Evaluate the effectiveness of this structure for the organization.
Throughout this course we have discussed the 'agency problem' - i.e., when the interests of owners and managers are not properly aligned.
The president of a small industry has been complaining to his controller about rising labor and material costs.
What is likely to happen to the number of gliders sold if Emerson follows company policy and raises the glider price to that calculated in part b?
Elucidate why the Aggregate Supply curve becomes increasingly steeply sloped at levels of RGDP.
Elucidate the price elasticity of demand for Coca-Cola greater than the price elasticity of demand for soft drinks generally.
What is the profit-maximizing price-output combination and what are the levels of the profits and consumer surplus at that point? What is Dead-weight-loss?
Show that, with a linear demand curve, the imposition of a per-unit tax on a monopoly will cause price to rise by less than the tax. Would this be true for a constant elasticity demand curve?
Illustrate what marketing, pricing, distribution or other competitive advantages can firms exploit. What limits or constraints are on these firms.
Calculate the arc price elasticity of demand over this price and consumption quantity range.
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