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True, false, or uncertain: If the motive for a merge is for the participating ?rms to lower their combined ?xed costs of production (and share the ?xed costs of producing the combined quantity ina single ?rm) then consumers are necessarily harmed by the merger.
If n, d, z, α, s are the same for two country A and country B, but today the level of capital per capita is higher in country A. What does the Solow model predict for the short term growth rate of income per capita for these two countries? What is th..
Algebraically, determine what price Katrina's Candies should charge in order for the company to maximize profit in the short run. Determine the quantity that would be produced at this price and the maximum profit possible.
Which of these will still be needed when you move your company to PayMaster?
In what types of situations is conducting a census more appropriate than sampling? When is sampling more appropriate than a census?
Why do pork also lamb have comapritively high price elasticities of demand compared with the other foodstuffs in the table.
Cartman and Kyle are castaways on an island and spend their days picking papayas and mangos. Cartman has a comparative advantage in picking papayas. Kyle has a comparative advantage in picking mangos. use the infinite line tool to draw the linear pro..
Air China is regularly selling out the cargo belly hold capacity on its scheduled Beijing to Los Angeles passenger flights. Air China is considering leasing a Boeing 747-400 freighter (originally a passenger aircraft, but converted to all- cargo) to ..
What constant yearly rate of inflation would lead to the price rise observed over those two years.
In the case of a deadweight loss, marginal cost exceeds marginal revenue. Deadweight loss would be eliminated if price and marginal cost are equal.
A large induced-draft fan is needed for an upgraded industrial process. The motor to drive this fan is rated at 100 horsepower, and the motor will operate at full load for 8,760 hours per year.
Consumers are always better off if a market is monopolistically competitive rather than perfectly competitive because of greater product variety. A monopolistically competitive firm sets price above marginal cost. A monopolistically competitive marke..
Why do consumers want to save more in the weak economy? What influences our consumption? Should governments be made by law to balance their budgets, or should they be permitted to run deficits sometimes? Should you go into debt sometimes? Explain?
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