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Why are many governments in today's world liberalizing cross-border movements of goods, services, and resources? What are the approaches international managers seek to understand when instituting change in the international arena? What is the culture shock and how does it affect the international business?
Explain the concept of a concentration ratio and is the concentration ratio in a monopolistically competitive industry likely to be higher than for a perfectly competitive industry? Explain your answer
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;
The monopolist charges a single price for output, how much will he produce, what price will he charge, and what profit will he earn?
Determine the price elasticity, and income elasticity of demand and where Q denotes passengers in thousands per year, P the (average) ticket price, and I US national income.
For many corporations, a major portion of the cost of production is fixed in the short run. Should these very large fixed costs be ignored when the executives are making output and pricing decisions?
Supposing the marginal cost curve is for a competitive industry as a whole, find out the profit-maximizing level of output and price.
what is the concentration ratio for the industry x and y.number of firm ----industry x ------ industry y1
What will be the equilibrium price? What will be the equilibrium output for the industry? For each firm? What will profit or loss be per unit? Per firm? Will this industry expand or contract in the long run?
Owners of digital cameras have to buy memory cards in order to use the cameras. Cameras and memory cards are substitutes or complements,
What is the approximate Herfindahl index? What is the four-firm concentration ratio?
To what extent would increased government involvement with regard to fuel efficiency affect the behavior of manufacturers · To what extent would increased government involvement with regard to safety affect the behavior of manufacturer · ..
The price of capital, labor and materials are r, w, and m respectively. (1) In the short run, the amount of capital is fixed at k=k0. What are the conditional demand functions for labor and materials in the short run? (2) what is the short run total ..
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