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What is "net gain/price" in Bertrand competition? I thought you were supposed to derive profit functions and get optimal p1, p2, and a1?
Using the AD-AS model explain how the economy will adjust in the long run. Should the government undertake any proactive fiscal or monetary policy in this situation?
assume that your business is visible and an important member of the community. would the government encourage a
the elasticity of demand for home computers is -2.5 the elasticity of demand for business computers is -.90 and the
calculate the monopolists profit under the following conditions. the intersection of the marginal revenue and marginal
Suppose that the economy of Tunisia in which there are two products, Determine dollar value of gross national income in Tunisia evaluated at exchange rate?
Which were the main causes of the Great Depression and why did the Great Depression last so long?
Courts in Japan have recently begun to make awards to the families of workers who have been judged to have been "worked to death." That is, employers have been increasingly required by courts to make large financial payments
suppose that a new government is elected in eurnesia. the new government takes steps toward improving the court system
topic this position paper is about the role of multinational corporations in business government and society. the
What is the total fixed cost for the El Dorado Star? If the total fixed cost increases to $5,000, how many papers should be sold daily for profit maximization?
consumers choices are prey to subtle discrepancies that arise in cognitive accounting. learning how and when you are
How government intervention in the form of a tax on producers can make the post-policy outcomes even worse than the pre-policy position and explain the underlying economic logic of this proposition.
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