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6. Based on the Solow model, how would each of the following affect consumption per employee in the long run (that is, in the steady state)? Describe and illustrate your answer graphically.
6a. The destruction of a portion of the nation's capital stock in a war.
6b. A permanent increase in the rate of immigration (which raises the overall population growth rate)?
You have been employed to manage a small manufacturing facility which has cost and production data given in the table listed below.
Describe why some firms might suffer diseconomies of scale. Do you know any examples? Could GM be an example of diseconomies of scale?
Price elasticity of demand and Income elasticity of demand What impacts will have the construction of a new natural gas company on oil demand. And on electricity demand? Justify.
Ajax, Inc. has appointed you to examine the demand for its line of telecommunications devices in 35 different market areas.
Price elasticity of demand for two customer segments
Write down the some real-life examples of monopolistically competitive, oligopoly, and monopoly markets.
This briefing is particularly important because of the global financial crisis that began in 2007. The briefing is required to provide more foundation for the finance team because they are not well versed in international aspects of finance.
Provide some example of a goods that you purchase or market at your workplace to demonstrate why demand curve slopes downwards and why supply curve slopes upwards?
You're the manager of monopoly. A typical consumer's inverse demand function for your firm's product is P=100-2Q and your cost function is C(Q)=20Q. Find out the optimal two part pricing strategy.
Assume that as the result of recent labor negotiation, wage rates are reduced by 10% in the production procedure employing only capital and labor.
You're the marketing manager of a firm that produces Titanium and sells this metal to two distinct kinds of customers: aircraft producers and golf club manufacturers.
What are some goods and services which produce positive externalities generally produced by the government?
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