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A. Can you name some well known firms that we have heard about recently going out of business? What names come to mind?
B. Some of the market structures we have seen are not realistic and some are realistic can you tell me more about it. How is that ?
C. Why are brand name cosmetic companies spending a lot of money for advertising?
Quantify cost savings associated with a cost-effective abatement allocation that could be achieved through trading. Illustrate what price must each tradable permit be set to achieve cost-effective solution.
Suppose the authorities are considering either a tradable emission permit system, in which they give half the permits to each firm, or a tax system. If both systems work perfectly, how much will the firms have to pay, in total, for pollution reductio..
explain what occurs when a new technology makes another one obsolete in terms of economic profit. consider firm a to be
adam smith rejected utility as a foundation for value. he illustrates this rejection in his famous diamonds and water
q1. suppose a competitive firm that is profit maximizing pays a wage of 750 per week and the price of its output is 15.
Illustrate what price do you think this firm should charge if it wants to maximize its short-run profit.
Undergraduate student (age 22) gets a job that pays $49800 per year. Planning to retire at age 67, she decides to save 10% of her current salary each year. If she is able to get an average ROI of 5.8% per year, how much will she have saved when she r..
Challenge of any merger that raises the HHI by 100+ points in a market where the HHI is above 1800 before the merger.
q.refer to the baseball 2010 data which reports information on the 30 major league baseball teams for the 2010 season.
A 50 percent increase in cigarette prices would cut overall consumption by 12.5 percent, with even greater declines in smoking among minorities and young adults, federal health experts said Thursday. The Centers for Disease Control and Prevention (CD..
During the course of a week, McDonald's has enough time to hire or layoff workers, but it does not have enough time to expand its kitchen or add an additional seating area.
Barriers to entry are forces that inhibit firms from entering new markets. These forces may result from practical and legal constraints. How do you think barriers to entry and product homogeneity affect the competitive nature of industries? For examp..
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