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Google and its Monopolistic Tendencies
When is an industry competitive and when is it monopolistic?
1) All of you have used Google. Do you think it's anticompetitive? Why or why not?
2) Do you feel you have a good substitute product for Google? Why or why not?
3) Do you think the Antitrust Department should punish Google for being a "monopolist"? Did the author of the article think so?
Assuming a linear demand relationship determine the demand equation for cigarettes. Show all your calculations. Determine the nature of the Return to Scale as exhibited by the above production function.
Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.
Illustrtae what is the required rate of return on each of the two company's equity.
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Suppose demand for the firms watches falls permanently to P = 20 - Q/20,000. In view of this fall in demand, what output should the firm produce in the short run? In the long run? Explain.
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At level of inflation explain how long does it take for the price level to double.
Earlier this year the Federal Government USA approved the merger between Sirius and XM satellite radio companies. What, if any, shortcomings arise from a monopoly pricing strategy (efficiency and consumer surplus)?
Elucidate what was the actual price elasticity before the cartel was formed.
Compute the cross price elasticity with respect to chicken price, the advertising elasticity and the income elasticity using the information listed
Explain how much should it be willing to pay today for the office complex.
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