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The following data are available for output (Q) and Long Run Total Cost (LTC) for a firm. Using appropriate calculations determine the range of outputs over which the firm's technology exhibits Increasing, Decreasing or Constant Returns to Scale.
Q LTC1 332 543 754 1005 1506 2287 350
Consider a price ceiling imposed on a monopoly that is set below competitive price. Make a diagram showing the monopoly equilibrium in this case.
Discuss the Coase Theorem. Illustrate what this theory imply about the role of goverment in dealing with market externalities.
Major multinational company such as Acme (some of which are listed below) attempt to track the relative movements and magnitudes of global capital investment.
Suppose no increase in the price of labor, how many workers will the bakery hire.
Describe the factors in Michael Porter's "Five Forces Model" that affect the ability of any comapny in an industry to earn a profit.
Using the aggregate demand and supply model, draw an economy in a boom with equilibrium national income above full employment GDP.
Elucidate whether you would draw an aggregate demand or aggregate supply diagram and predict what shift each situation would cause.
Illustrate what yield curve shape is depicted if intermediate term tresury securities yield
Illustrate fiscal policies also monetary policies which would be appropriate at this time.
Choose a firm with operations. Discuss the company's activities outsize the United States and identify which economic concepts, sure as comparative advantage, apply to your company.
Providing the current situation with General Motors, our team is recommending that they (GM) reduce their current operations in order to maximize profits.
Assume you have a negotiation between Management and Labor concerning Labor wages. Management and Labor do well when they each do the opposite of what other does.
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