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Gini & Marcoux give a discussion of Competition. They begin with a discussion of sports and move to a discussion of competition in business. What do they say are some of the similarities and differences between competition in sports and in business. What other differences/similarities can you think of between the two? Gini and Marcoux further discussed a number of virtues of being a good competitor in sports, do you think these same virtues apply to business competition? If not, do you think would apply?
Which of the following must be true in an economy with a government but with no foreign trade?
If there is an inflationary gap in the economy, what fiscal policy decisions would you make to bring the economy back to the full employment point? Explain why in each policy that you make.
There is a new small entrepreneurial solar power business in town. In today’s competitive environment, partners are struggling with a series of management and environmental issues. For example; finding the right target market that would respond the b..
According to the classical view, which of the following statements is true? The government's budget deficit is equal to. Which of the following is a leakage in the macro economy?
Why, according to Keynes, is an economy in recession and why can such a recession be prolonged? Illustrate and discuss
What are some of the inherent problems involved in discussing the notion that there is a single standard for the “American family?”
Calculate the income elasticity of demand for each of the following goods: Quantity of demand when income is $10,000 Quantity of demand when income is $20,000
Why might an economics professor who is good at fixing cars still prefers to take his automobile to a garage for a tune-up? If the same professor decides to get a tutor for his daughter in economics instead of tutoring her himself does the same princ..
Is there evidence that a party realignment is occurring in the United States? What is the organizational structure of political parties? What are some of the functions of parties in the electoral arena? How do both the electoral system and federalism..
Identify the exclusionary pricing practices and why and when they are prohibited by the Competition Act. What are the economics rationale and efficiency effect of these strategies?
Sam bought a car for $40,000 at “0” percent for 60 months. The financing was done through the financial arm of the car company. If he had paid cash for the car he could have gotten the car for $34,000. Determine the interest rate that he is paying on..
Do some research and write a Topic Paper that describes the market structure in which a typical professional sports team in or outside the United States (e.g. New York Yankees, Kansas City Wizards, New Jersey Nets, Manchester United, etc.) operates. ..
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