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Topic: Does perfect competition exist in real world?
many manufacturing problems involve the matching of machine parts such as shafts that fit into a valve hole.nbsp a
What are Priceline's internal strengths and weaknesses? Who are Priceline's competitors? Do you see Priceline's strategy as effective or ineffective? Why?
in this question you will examine the effect of a sales tax on a monopolists profit maximizing price and rate of
Suppose the federal government balanced the budget and no longer ran a deficit. Speculate how this would affect interest on the federal debt. Justify your response.
Suppose seven identical items are auctioned one by one. What complication does this present for bidders? Which items, the first or the last, would you expect to sell for the lowest prices on average?
Owner/operators of small gas stations rarely pay themselves an hourly wage. How does this practice affect the economic cost of dispensing gasoline?
Let us assume you and ten of your friends are going to open and invest in a business. You do not want to pay double taxation on the profits. You want a type of ownership where profits must be distributed based on how much each person has invested ..
Given the data on relative wages presented in the chapter, what do your results from part (b) suggest about the evo- lution of real wages of low-skill workers since 1973? What do your answers suggest about the strength of the relative decline in de..
why do big companies still fail in their use of information technology? what should they be doing differently? discuss
Applying the principles of the Keynesian model, what specific economic policies would you propose to accomplish these goals?
Sarah is awake for 100 hours per week. Using one diagram, show Sarah's budget constraints if she earns $6 per hour, $8 per hour, and $10 per hour. Now draw indifference curves such that Sarah's labor supply curve is upward sloping when the wage is be..
Based on Hill's criteria, do you believe that the strength of the relationship is as strong as you have been led to believe? Why, or why not?
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