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Why do the regulated companies oppose deregulation?
a. They would be deprived of an opportunity to compete with other firms.
b. They would be deprived of their rights to continue business.
c. They would be denied any kind of support from the government.
d. They would incur losses on account of increased competition.
e. They would become unpopular as they would no longer be controlled by the government.
An electric utility uses natural gas as fuel for a large multi-unit power plant. With all units in-service, for a given hour the plant's fixed cost is $120,000 and its variable cost is $50 per megawatt demanded. What is the hourly demand in megawatts..
Identify and discuss other factors, including structural and social, that have contributed to increased income inequality and indicate the approximate percentage of income inequality for the top two or three causal factors as related by Lindsey.
Assume you have 4000 in a savings account at the beginning of the year price level is 100 the account pays 7% interest annually. if the price level is equal to 115 at the end of the year, the real value of your saving is?
Suppose that a certain country has an MPC of 0.9 and a real GDP of $400 billion. If its investment spending decreases by $4 billion, what will be its new level of real GDP?
q.consider two goods that are perfect complements. for instance car frames and tires. an individual likes owning cars
the short-run equilibrium values; and vi. the long-run equilibrium values. State in words what happens to prices and output in the short run and the long run.
One thousand dollars is deposited into an account that pays interest monthly and allowed to remain in the account for three years. If the annual interest rate is 6%, the balance at the end of the three years is closest to
The world Trade organization either a. requires members to charge the same prices on goods traded internationally or b. requires members to reduce tariffs and eliminate non tariff barriers?
Is this analysis consistent with the proposition which money has real effects in the short run but is neutral in the long run.
Janet Elliot just turned 20 and received a gift of $20,000 from her rich uncle. Janet plans ahead and would like to retire on her 55th birthday. She thinks she'll need about 1$million saved by that time in order maintain her modest lifestyle. How muc..
Point out which costs in the preceding question are considered "relevant" and which are considered "irrelevant" to a business decision. Explain why.
The average total cost of a monopolistic firm is AT C = 80/Q + 20Q. The firm is facing the demand function given by P = 6000 − 20Q. a) What will be the total profit that this firm will generate if it chooses price and quantity optimally?(Profit=22492..
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