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Q1. Determine whether the Justice Department would challenge a merger between two firms in an industry with 10 equal-sized firms, based on its 1984 Herfindahl-index guidelines only.
Q2. Explain (a) in what way the U.S. trucking industry exemplified the capture theory hypothesis of government regulation prior to the passage of the Motor Carrier Act of 1980 and (b) the result of the passage of the Motor Carrier Act in 1980.
q1. tetrangle manufacturing has fixed costs of 2160 per day. the firm manufactures bicycle component upgrade kits. the
In a market economy, every resource will tend to be paid according to its marginal product. Highly productive resources will command high prices, whereas less productive resources will command lower prices.
Illustrate what recording fee would you advise Johnny to demand from the record company.
Mrs. Smith is earning a loss and should shut down in the short run. Mrs. Smith is earning a loss but should continue to operate in the short run. Mrs. Smith is earning a profit since the price is above the average variable cost.
illustrate what is the minimum range within which the sample average failure rate must be found to justify with 95% confidence the advertised failure rate of 0.5%.
A farmer has a production function f(L) where the input is capital (L). The cost of this loan is L(1+i). The farmer also has an outside option (loan from family member) which generates a profit of A.
Little Kona is a small coffee company that is considering entering a marketplace dominated by Big Brew.
Insurance agents receive a commission on the policies they sell.
The study of government regulation and the competitive environment for business is relevant to all those who study business. All business candidates need to understand how the competitive environment will impact their employers and businesses.
Illustrate what mix of central bank bond purchases also higher government spending is required to rise income by $6,000 without changing the interest rate
Prepare a flexiable budget performance report, assuimng that the company worked 8,500 direct labor hours during the month.
Illustrate and reinforce your answer with any theories from international trade and FDI theories.
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