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If a monopolist claims his profit-maximizing markup factor is 3, what is the corresponding price elasticity of demand?
Compare the automotive manufacturing industry today to the automotive manufacturing industry of the 1950’s. Applying the economics of price and output, what is the difference between the industry of today and that of the 1950’s. What type of market s..
Evaluate the individuals on your learning team, including yourself, based on the personality assessments. Evaluate the situation described above in terms of urgency, culture, and so forth. Determine leadership approaches to be used, based on individ..
Need help with MBA6008, Unit 3 u03a1 Unit 3 Economic Problems assignment, Chapter 11, Problem 2. The topic is Long-Run Equilibrium. If every firm in this industry has the same cost structure, is the industry in long-run competitive equilibrium?
under current law most social security recipients do not pay federal or state income taxes on their social security
(Excel exercise) Federal Reserve bank of St. Louis (http://research.stlouis.org/fred2/) provides data on the U.S. economy. The data needed for this exercise is also available on the course Moodle under "US-CPI and Unemployment-Annual". The data set c..
A rural utility company provides standby power to pumping stations using diesel-powered generators. An alternative has arisen whereby the utility could use natural gas to power the generators, but it will be a few years before the gas is available..
in 2008 aig was at risk of declaring bankruptcy and defaulting on its debt. as a result the u.s. government stepped in
Suppose a natural real output in the economy of Eudemonia grows at a steady rate of 3 percent per year. In the past, velocity has been approximately constant, and the Eudemonia Central Bank (ECB) has maintained a target rate of growth of 4 percent
Assume Smith owns and works in a bakery located next to an outdoor cafe owned by Jones. The patrons of the outdoor cafe like the smell that emanates from the bakery.
If you were an economist for Mattel, manufacturer of the doll Barbie, determine which was making an unsolicited bid to take over Hasbro, manufacturer of G.I. Joe,
Increased production levels in this industry during the first three quarters this year led industry experts to believe that the industry contribution to Indonesia's GDP would also increase.
Define and explain an open and closed system. Provide an example for both. Explain the inner and outer flows of an open and closed system. Define and explain leakages and injections in an open system.
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