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Classify each of the following industries or organizations as an oligopoly, a monopoly, or being monopolistically or perfectly competitive: a. Athletic shoes b. Restaurants c. Watches d. Aircraft e.Department of Motor Vehicles f.Aircraft g.Ice cream h.Electricity and utilities 3. define each market structure, then explain your categorization of these eight industries
Between 1970 and 1976, average inflation rate of Country X was about 35 percent per year. With that rate of inflation, prices would double about every ________ using the rule of 70.
Regarding Advertising Bans: Assume the government imposes an advertising ban on a monopoly firm. How will this affect the firm’s total cost of production? Would your answer be the same if the government imposed a ban on the firm’s use of labor? Expla..
Why is their a growing disparity between the rich and poor in the US? What are some of the reasons for this and what should the government do to bring about growing equality with income? Do we as citizens have an ethical responsibility to help the po..
Alternative X has a first cost of $5 million and an annual maintenance cost of $200,000. Alternative Y has a first cost of $7 million, a maintenance cost of $40,000 and periodic expenditures of $100,000 every five years. If both alternatives have inf..
Who benefits from inflation? Who is hurt from inflation? What is hyperinflation? How to control inflation? What is GDP pe person? Provide an example of purchasing power parity
You are the manager of BlackSpot Computers, which competes directly with Condensed Computers to sell high-powered computers to businesses. From the two businesses’ perspectives, the two products are indistinguishable. The large investment required to..
Illustrate what role did the policies of various governments play in influencing the international expansion strategies of both McDonald's and Wal-Mart.
Illustrate what did classical economists assume about flexibility of prices, wages and interest rates. Illustrate what did this assumption imply about self-correcting tendencies in an economy in recession.
Should the Federal Reserve Board of Governors remain independent. Illustrate what is the strongest argument on either side
What is the motivation for a bond issuer to issue bonds in a foreign market?? What are the positive economic effects of these transactions for the issuer/investor’s home economy and for the world’s economy? Negative effects?
President says that wages probably should be cut so that workers could not afford to miss so much work. Evaluate two views utilizing income and substitution effects in your analysis.
Why is your topic important? What is(are) the policy(s) that you are going to discuss in your paper? Identify the relevant literature. This is for a writing intensive labor market economics class. I need about a page and a half meeting the above crit..
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