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(a) What is market concentration and how can you know whether a market is concentrated or not?
(b) What are the causes of market concentration?
(c) Are business mergers good or bad for the economy? Explain why?
Do you think that the World Bank is orientating its action in a right way or not and if not, any ideas of how to redefine its action.
Use the expenditure approach to comput GDP. Use the income approach to calculate GDP.
Consumption accounts for about 60% of GDP, while investments accounts for about 20% for GDP. But many economists think that, to understand economic recession, it is more significant to look at investment than consumption. Why?
What price will the monopolist charge and how much output will he produce? Sketch a diagram of this market and show the equilibrium price and quantity. In addition, calculate the firm's profits.
Assume government imposed a minimum wage above what otherwise would be the equilibrium wage rate for this segment.
Elucidate three manufacturing companies that experienced large percentage increases in the number of firms between 1997 and 2002.
Compute the PV of Mr. Deco's payment using the equivalent real cash flow and real discount rate.
Make an analysis of the United State Fiscal Policy by addressing the following, differentiate the state of the economy. Determine the focus of the current fiscal policy?
In the short run, company that seek to maximize their market share will tend to charge lower price for their products than firms that seek to maximize profit.
Syracuse Paper supplies printer paper in upstate New York. Like output of other wholesale distributors, Syracuse Paper must meet strict guidelines and printer paper supply industry can be regarded as perfectly competitive.
Identify also explain the different functions performed in the electricity supply sector by several different types of electric utilities in these markets.
What is the marginal propensity to consume in Freedonia, and what is the marginal propensity to save?
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