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Q1. A hearing is scheduled for your company to present arguments that your firm has not increased its market power through this merger. Can you do this? Explain how? What evidence might you bring to the hearing?
Q2. Do technological advancements cause unemployment in the economy?
Q3. Using the concept of price elasticity explain why the price of basic commodities has to be regulated in price rise
Q4. . Explain, using the prisoners' dilemma analysis, why cooperation can be equally valuable but if conditions prevent cooperation or collusion from happening, the outcome is worse for both parties.
Suppose instead that use of the Sonoma county buy local currency is completely voluntary. Who is the most likely to use this currency.
Economic surplus could be increased at a higher price because firms would generate more revenue.
there is an incumbent monopoly in a market. A potential entrant may enter. Draw the game tree describing the situation?
Does either firm have a dominant strategy. Is there a stable equilibrium.
Suppose that there is a unit mass of consumers who are uniformly distributed on the segment[0,1]. Two firms are located on the line and sell identical products.
In this forum we discuss the different arguments that are made in favor of international trade protectionism and the important role of the politics of protectionism.
In what industry will a given percentage increase in production workers result in the largest percentage increase in output.
The payoff matrix of economic profits above displays the possible outcomes for Bob and Jane who are involved in game of whether or not to advertise.
Outline any two reasons, why the marginal revenue product differs between workers in different jobs.
If this price floor is implemented, how many units of pork will the government are forced to buy to keep the price at $2.25.
What is the most that Jo should be willing to pay the consultant for the information.
What role does Mudaraba allow IAH, in their capacity as Rabbul Mal.
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