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When should you use the following methods?
- Present worth Analysis
- Annual worth Analysis
- Rate of Return Analysis
- Incremental Analysis
When comparing different alternatives?
Consider the famous diamond-water paradox: water is necessary for life and extremely useful, but is very cheap on a per gallon basis (NYC charges $3.70 for 748 gallons), while diamonds are not much use for most things, but extremely expensive on a pe..
Explain how concentration ratios are calculated. Determine the concentration ratios in the market. Explain how the Herfindahl-Hirschmann index is constructed. Determine the Hefindahl-Hirschmann index for that industry.
Yet medicine with brand names that the man recognizes from television commercials sells for more the unadvertised versions. Elucidate in economic terms, this perplexing situation to the father.
q.pharmaceutical drugs have an inelastic demand as well as computers have an elastic demand. suppose that technological
If government industry regulators underestimate the degree of competition in an industry are they likely to over-regulate the industry? Explain.
A perfectly competitive firms average fixed cost function is AFC = 30/Q, its average variable cost function is AVC = 6 + 0.1Q, and it marginal cost function is MC = 6 + 0.2Q. The firm optimizes by producing the level of output that maximizes profit o..
The entire principal of the borrowed amount of $10,000 will be repaid in 2 years. However, the quarterly interest of $330 must be paid every 3 months. Find the nominal annual interest rate that you are paying.
give an example of a government created monopoly. is creating this monopoly necessarily bad public policy?explain two
Compared to a perfectly competitive market, in a monopoly market
q1. suppose that people consume only three goods as shown in the table tennis balls golf balls bottle of gatorade2009
What are the advantages and disadvantages of a “bailout” for an industry such as financial or automotive? Please give several examples and document any sources/data as appropriate. What is your opinion about government involvement and financial suppo..
q1. if the college puts a rent ceiling in rooms of 650 a month illustrate what is the rent and explain how many rooms
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