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Explain the most important characteristic in perfect competition, monopolistic competition, oligopoly, and monopolies and relate the characteristic to how these firms can make profits in the short run. In your analysis, make sure to relate an example for each of the market structures listed and how it relates to the particular characteristics. Analyze the major barriers for entry and exit into the airline industry. Explain how each barrier can foster either monopoly or oligopoly. What barriers, if any, do you feel give rise to monopoly that will allow the government to become involved to protect consumers?
consider a country called hitech where new arrangements for making payments such as credit cards and atms have been
Consider the following problem: There are two generators in this system and there is a load of 1,000MW. There is only one node in this network.
What is the marginal revenue function? What is the profit maximizing level and total profits?
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We will identify the existing effect of the economic factors on aggregate demand and supply. In addition, we will identify current recommended fiscal policies by government leadership.
What components of GDP (if any) would each of the following transactions affect. Explain. A family buys a new refrigerator, You buy a pizza, California repaves Highway 101, Your parents buy a bottle of French wine.
Write down the Lagrangean for problem and Write down the first order necessary conditions (FOC) for a minimum.
Calculate the expected utility of each project and identify the preferred project according to this criterion. (c) Is this individual risk averse, risk neutral, or risk seeking? Why?
A description of blue ocean strategy and its importance
Suppose a candidate who runs on a platform of “soak the rich” wins the 2016 presidential election. After being elected, he or she persuades Congress to raise the top marginal tax rate on the federal personal income tax to 65%.
Summarize the major aspects of your personality based on the personality assessment you completed and summarize the cognitive abilities you have that apply to the workplace.
Discuss the advantages and benefits of job costing. Explain how job costing works. Include how job costing handles direct and indirect costs?
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