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Describe the characteristics of a Monopoly from point of view of the following:
a. Why does it exist?
b. What is the profit maximizing condition?
c. Why does it practice price discrimination?
d. What is meant by Arbitrage?
e. Why it's able to make profit in the long-run?
f. Explain how the monopolist chooses the quantity of output to produce and the price to charge, and state its profit maximizing condition
In March 2012, Daniela Motor Financing (DMF), offered some securities for sale to the public. Under the terms of the deal, DMF promised to repay the owner of one of these securities $200 in March 2052, but investors would receive nothing until then. ..
Suppose that market demand for golf balls is described by Q = 90 − 3P, where Q is measured in kilos of balls. There are two firms that supply the market. Each firm has a constant unit cost of 10. Suppose the firms compete in quantities. How much does..
expectations of the business community are increasing into areas beyond the core product or service into consideration
We all interact with various information systems every day: at the grocery store, at work, at school, even in our cars (at least for some of us).
What skills and knowledge do you hope to obtain by taking a Principles of Finance course?
What is the equilibrium price? What is the equilibrium quantity? (d.) If the market price is $5 will there be a surplus or a shortage? Of how much?
Looking for some guidance on estimating supply and demand curves. An sample practice problem lists:
q.1. find the sample correlation coefficient between x and y.2. how would you decide if a simple linear regression
An increase in the number of fast-food restaurants
Privatization can be defined as "the process of returning to the private sector property or functions previously owned or performed by government". The basic idea is that there may be some services that the government is providing right now that the ..
If the rate of inflation in consumer prices is less than the rate of increase in a person's nominal income, that person's:
Suppose biochemists discover an enzyme that can double the amount of ethanol that may be derived from a given amount of biomass. Based on this technological development, we expect the supply curve for ethanol to shift to the right.
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