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Q. 1. Elucidate Explain why the cost structure associated with many kinds of information goods also services might imply a market supplied by a small number of large firms.
2. At the same time some internet trades such as grocery home deliveries have continually suffered steep losses regardless of scale. Elucidate Explain why.
3. Could lower transaction costs in e-commerce ever make it easier for small suppliers to compete?
4. Network externalities are often an important aspect of Demand for information goods also services. (The benefits to clients of using software, participating in electronic markets or using instant messaging rise with the number of other utilizers.) Elucidate how might network externalities affect firm operating strategies (pricing, output also advertising) also firm size?
Discuss a situation in which both parties entering into a contract could benefit from slightly ambiguous language contained in the agreement.
Suppose we randomly poll 500 Americans and ask them whether they believe that the parents are involved. What is the distribution of the sample mean.
Why do Caterpillar and your parents have different opinions about the value of the dollar.
What is the impact of a tax cut in an economy operating under a fixed exchange rate regime on household spending, interest rates.
The electric power industry is held up in the article as an example of a natural monopoly. Brainstorm other examples that can be readily identified in the present market economy.
Illustrate what would be the size of the resulting deadweight loss relative to the competitive outcome.
Differentiate the equilibria of model. Also the classification should be a function of the bliss point of the candidates.
Explain should decision management as well as decision control be separated.
What point on the graph is most likely to result from the introduction of technological improvements in bicycle assembly, and successful publicity campaigns by the government on the virtues of bicycling to work.
what is the expected economic life for this water pump and what is the minimum annual equivalent cost.
In the context of share holder maximization model of a firm, what is the expected impact of each of the event on the value of the firm?
Competition in the market is such that each of the firms independently produces a quantity of output.
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