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Two questions:
1. How can two oligopolists try to avoid being caught in a competitive outcome? which are relevant for the iron ore industry
2. There are only 2 firms in the iron ore industry. Assume each firm is free to set its production level but each firm can communicate what they plan to do first. What is the impact of the entry of another producer(RT)
Differentiate the way Keynes and Friedman approach the economy. Determine the key differences and similarities?
. Consider a consumer who is always willing to substitute four pounds of a generic store-brand sugar for two pounds of a brand-name sugar. Do these preferences exhibit a diminishing marginal rate of substitution between store-brand and producer-br..
nuclear plant staffing problem south central utilities has just announced the august 1 opening its second nuclear
a generous university benefactor has agreed to donate a large amount of money for student scholarships. the money can
Presume that ramen noodles are an inferior good. When income decreases, the equilibrium quantity of ramen noodles will ________ and the equilibrium price of ramen noodles will ________. A firm suffering economic losses decides whether or not to produ..
What will happen to existing supply avenues - will legalization significantly change demand? How?
Your organization’s future potential in the market, its position in the competitive field, and any future trends the company should consider, specifically address changes in: Market structure Competitors, including new companies entering the market P..
There are two types of apartments in the city: Good (20%) of the apartments) and bad (80% of the apartments). You could live in either of them, but you would prefer a good apartment.
Using a separate supply and demand diagram for each part, illustrate the effect of value of the yen in terms of dollars of each of the following;
Using the same product example above, analyzing how the risk tolerance factors play in supplying the good or service and how this should influence management's decisions.
Presume that Kim K decides to spend $30,000 on an American made purse instead of donating it to Haitian earthquake relief. Suppose that the multiplier is 1.2. How much will GDP rise when Kim K buys her purse according to the multiplier effect?
What is the equilibrium wage?
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