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If all the assumptions of perfect competition hold, why would firms in such an industry have little incentive to carry out technological change or much research and development?
What condition would encourage research and development in competitive industries?
An individual wishes to deposit an amount of money now and $100 every six months so that at the end of five years $1,500 will have been accumulated. With interest at 4% per year, compounded semiannually, how much should be deposited now?
Is job satisfaction an overrated concept in USA and Comment on this question, keeping in mind the current state of our US economy
Evidence suggests that there is less price competition in an oligopoly than other forms of market structure. Why is this the case?
Limit your reaction to stratigies which can work and reasons for their success.
Consider an industry with a small number of firms with market power. Suppose they sell identical products and have identical cost of production. If each firm posts a price without knowing the prices
Given an increase in spending of $1,000, and a Marginal Propensity to Consume of 80%, what would be the total increase in the GDP what would the Multiplier be?
The Present Worth (PW) of the cost (- Installed cost and operating cost + Salvage value) of Westinghome is most nearly
Compute the implied arc price elasticity of demand. Is a further price decrease warranted.
If the income tax base were broadened by eliminating these deductions, tax rates could be lowered, while raising the same amount of tax revenue. For each of these deductions, what would you expect the likely effect on taxpayer behavior to be
You have been hired by the Department of An Taoiseach to comment and critique a sustainable growth plan being considered by parliament.
Countries A and B have the same rates of investment, population growth, and depreciation. Country A has a higher rate of growth than does Country B. According to the Solow model, which country has higher investment in human capital?
Debate 20.1 explores a case for which eco-labeling was used to skirt WTO rulings that force countries to treat products as equal even if the production process violates an environmental rule in the importing countries.
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