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There is no real need for advertising in perfect competition or monopoly. However, firms in monopolistic competition and oligopoly usually do advertise. Watch the video for this week and tell us what you think about online advertising techniques vs. more traditional advertising.
Many people wish to live in the beautiful town of Beachfront by the sea, but they don’t like the rents. In its current market equilibrium, Beachfront has 20,000 rental apartments at an equilibrium price of $3,000 per month. If you were renting an apa..
q1. illustrate a form of financial instruments through which corporations and governments borrow money from financial
q1. are the normal returns on investment included as part of costs or as part of profits in managerial economics?
An example of an exclusive union would be:
A machine costing $35,000 to buy and $4,000 per year to operate will save mainly labor expenses in packaging over six years. The anticipated salvage value of the machine at the end of the six years is $5,000. To receive a 12% return on investment (ra..
Assume you want to test the null hypothesis that the mean value of the bill in the box is 9 against the alternative that it is less than 9.
(GAME THEORY) Consider two colonels A and B ruling two opposing armies. Each colonel has 120 soldiers in their armies and there are 6 battlefields. Suppose colonel A and B distributes their armies as follows; A : 20 20 20 20 20 20 B : 21 21 21 21 20 ..
In the U.S. health expenditures on drugs amount to about 10% of total health expenditures. In Japan, where physicians are legally permitted to sell pharmaceuticals, national expenditures on drugs are almost double the level in the U.S. Discuss how th..
Eric lives in Chicago and loves to eat desserts. He spends his entire weekly allowance on pudding and pie. A bowl of pudding is priced at $1.75, and a piece of apple pie is priced at $7.00. At his current consumption point, Eric's marginal rate of su..
Show a graph of the supply and demand for reserves where the equilibrium federal funds rate is below the discount rate. What would the Fed do to lower the equilibrium federal funds rate? Explain and show on the graph.
Banks attempt to screen out the good credit risks from the bad credit risks to reduce the incidence of loan defaults. To do this, banks do all of the following except:
An analysis of the stock market produces the following information about the returns of two stocks.
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