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Consider data on U.S. refrigerator sales from 2009. the market shares of the top 4 firms was 12% for Sears, 9% for lowes. 5% for walmart and 3.5% for home depot. firms 5 through 25 combined summed to 20.5 % and all other independents outside the top 25 sell firms comprised the other 50% industry sales. what is the 4-firms concentration ration for this industry?
Imagine you have some workers and some handheld computers that you can use to take inventory at a warehouse. There are diminishing returns to taking inventory. If one worker uses one computer, he can inventory 125 items per hour. What if you assign t..
Suppose macroeconomic policy makers want to keep interest rates constant while increasing consumption in the short run when prices are fixed. Describe the mix of macroeconomic policies that can achieve this dual macroeconomic objective. Describe what..
Can an individual be both pro-union and pro-employer, or does being pro-union mean one has to be anti-employer? Can an individual be anti-union and still legitimately claim to support pro-employee interests?
AB acted as a well-managed business that takes actions necessary to remain competitive in a competitive market.
The Capitalpoor Company is considering purchasing business machine for $100,000. An alternative is to rent it for $35,000 at the beginning of each year. The rental would include all repairs and services. Assuming an income tax rate of 25%, a straight..
The manager of a corporate division faces the possibility of an audit every yr. She prefers to spend time preparing if she will be audited
An engineering firm is interested in investigating whether the variability in the cost of small projects (defined as projects under $10 million) can be accounted for, in part, by differences in the number of direct engineering consulting hours billed..
Based on Figure 1, at equilibrium with free international trade in the market for calculators the price per calculator in Mexico is the world price P = $3.50. When the price is P=$3.50 what is the quantity supplied by Mexician producers, Qs and what ..
Consider a monopolist facing two customer groups. The first has demand p1 = 10 - q/2 and the second has demand p2 = 20 - q. The firm has marginal cost MC(q) = q, where q = q1 + q2 is the total amount sold. Suppose a regulator could set one per unit p..
The inverse demand curve for a Stackelberg duopoly is P =1847 - 2Q. The leader's cost structure is CL(QL) = 10QL. The follower's cost structure is CF(QF) = 21QF. Find the follower revenue
You are a sales manager in the electronics industry. Your firm had a salesperson in the far western U.S. who everyone thought was a high performer. List and describe five (5) pipeline analysis evaluation criteria that would have allowed you, the sale..
Historically the gold standard was the anchor for nearly every traded currency. Explain how the go Id standard worked as nations traded domestically and internationally at fixed exchange rates.
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