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Discussion
Search the web and view the video clip 1,000 Flowers Auctioned per Second in Holland. Then, research the Aalsmeer flower auctions in more detail.
What aspects of perfect competition do you see present in the Aalsmeer flower auctions? Since there is no truly perfectly competitive market in the world, but rather markets that approach this extreme, are there any elements of the Aalsmeer flower auction that you find do not fit the model of perfect competition?
Describe another industry that you find fits the model of perfect competition.
What is the NPV break-even level of sales assuming a tax rate of 35%, a 10-year project life, and a discount rate of 12%? (Do not round intermediate calculations. Round your answer to the nearest whole number.)
part - 1question 11. if a perfectly competitive industry consisting of identical rms is in long run equilibrium and the
If the only consumers for snowshoes in Wisconsin live in Madison or Milwaukee, what is the market demand for snowshoes in Wisconsin? What is the equilibrium price and quantity in the market for snowshoes
Suppose you are given a line described by the equation y = 100 - 2x and you are told that the x value has increased by 50 units at every y value. What is the equation for the new line? Show your work
What is a worm as it relates to computer terms which could reproduce and transfer itself into other computers or a virus which could reproduce itself but could not transfer attached to the infected file?
For each of the following draw a separate demand or supply graph that illustrates the likely effect on the market for air-travel for United Airlines: After September 11, people have become more scared of flying
Suppose a monopoly manufacturer sells directly to a monopoly retailer. What are the implications in regard to price, output, and profits as compared to the case where the monopoly manufacture and monopoly retailer merge
Estimate the equilibrium GDP level (income). At the equilibrium level of output you estimated for Q1 above, estimate the aggregate consumption level. At the equilibrium level of output you estimated for Q1 above, estimate the aggregate saving level. ..
Which of the following is an example of an external cost?A. secondhand smokeB. increased gas prices for drivers of SUVsC. the cost you pay your plumber to install a new hot water heater
Visit the Australian Competition and Consumer Commission (ACCC) website, www.accc.gov.au, to help you answer the following questions. What is the role of the ACCC? What is price collusion and why is it illegal? How does price fixing influence the e..
What do you think it would be to work for Google? In what ways might Google’s HR function have an impact on you as an employee there in terms of making your work experience better?
1.product meansa all the services needed with a physical good.b a physical good with all its related services.c the
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