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Q. Think about a firm recently that you have done business with. Illustrate what industry does this firm belong to? For example, McDonald's is a firm in the fast food industry. What fall under market structure in this industry? What are the names of other firms in this industry? Is it monopolistic competition, monopoly, oligopoly also perfect competition? Classification of the firm, Justify? Use the characteristics/features of the different market structure to determine which market structure to classify your chosen firm.
There is no way to identify family types for pricing purposes also all costs are fixed so to maximizing total income is equivalent to maximizing profit.
q1. p320-.04q with quantity q measured in thousands of barrels per day and price p measured in dollars per barrel. the
q. there are three major network affiliate television stations in hicksville rbc cbc and mbc. all three stations have
A few years ago, a construction manager earning $70,000 per year working for a regional home builder decided to open his own home building company. He took $100,000 out of one of his investment accounts that had been earning around 6% a year
Show whether or not the above production function exhibits diminishing marginal productivity of labor. Determine the nature of the Return to Scale as exhibited by the above production function.
Illustrate happens to the amount of debt held by the public. Illustrate what happens to the level of gross debt.
Demonstrate the short-run effect of this tax cut using the IS-LM model also the AD-SRAS-LRAS model. Illustrate what will take place to o/p also the interest rate.
Illustrate what happens if the insurance plan reduces the deductible to zero. What happens if the coinsurance rate is increased.
q. under what elasticity conditions would the following be trueincreasing the minimum wage will result in a decrease in
Provide two examples of actions taken by a company, government, or organization whose effect is to prevent specific markets from reaching equilibrium. Illustrate what evidence of excess supply or excess demand can you cite in these examples.
Discuss the long range effects of a stimulus plan as it affects the banking sector.
Supply curve is given by L = 20w. What equilibrium wage rate and quantity is of labour hired. What is economic rent earned by workers.
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