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The markets for soft drinks exhibit the characteristics of monopolistic competition. Explain the competitive features of two products, such as Pepsi and Coke, in some detail. In your answer, refer to the following: relationship between the two goods; monopoly or market power of these two giant soft-drink makers relative another cola maker, say RC, whose cola tastes differently; customer behavior; elasticities of demand; prices of these two soft drinks.
report - Individual Research Project Purpose: To allow students to research and critically analyse and evaluate the economic the macroeconomic performance of the USA and Australia.
the marginal abatement cost curves for two air pollutant sources affecting a single receptor are mac1 0.3a1 and mac2
The demand for good X has been estimated by Qxd = 6-2PX+5Py. Suppose that the good X sells at $3 per unit and good Y sells for $2 per unit. Calculate the price elasticity.
If all universities are private and the government offers vouchers to those who enroll, calculate the value of the voucher that will achieve the efficient.
a firm has the opportunity to invest in a project having an initial outlay of 20000. net cash inflows before
Suppose the demand curve for a monopolist is QD = 500 - P, and the marginal revenue function is 500 - 2Q. The monopolist has a constant marginal and average total cost of $50 unit. a. Find the monopolist's profit maximizing output and price. b. Calcu..
Both the law of diminishing marginal returns and economies of scale concepts are basically the same
A construction company purchased a loader new 4 years ago for $645,344. They put 10% down at the time of purchase and financed the rest at a 6% APR. They made monthly payments on the balance of the loan for 4 years.
17. assume a certain firm in a competitive market is producing q 1000 units of output. at q 1000 the firms marginal
A company consists of two kinds of employees, tall and short. Each person can work in either of two jobs, honest work or stealing from the company. The wage to honest work for a short person is wS, while the wage for a tall person is wT.
Depreciable residential rental real property has been purchased for $70,000 and put into service during the third month of the taxpayer's tax year. For the applicable 27.5 year depreciation life. How many months of depreciation should be generated fo..
What price will the firm be able to charge if it produces 20 units and how many units will the firm sell if it charges a price of $70?
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