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Question: Assume that X is produced in a perfectly competitive industry where firms that currently operate and potential competitors both have identical cost curves. Current output is 1 million units a year. What happens to industry equilibrium if a public agency competes with existing producers of X and gives away 100,000 units per year to randomly selected people who would otherwise have purchased X. Does the output of X fall in the short run? In the long run?
Explain meaning of each of Gardner's Five Minds. Analyze your own level of competency in each of the Five Minds. Describe your experience in each of Five Minds.
How does the project fit within the global microeconomic environment? Support your response with evidence.
What interest rate would a firm have to promise debt holders to make an investor indifferent between holding debt or shares in the company? How does the return to equity owners change with the proportion of the investment that is provided by debt? Th..
Discuss the concept of parent company guarantee as it relates to your chosen company. Use two additional sources . - APA, 2 pages , single line.
Ancient Kingdom is a closed economy with gold as currency. Recent explorations have caused an increase in the quantity of gold in Ancient Kingdom. According to the quantity theory of money, what will happen to nominal output if the preferred rat..
Develop a 15- to 20-slide Microsoft® PowerPoint® presentation to be presented to the CEO's executive committee that addresses how your chosen organization.
Provide the economic reasoning for movie theaters, airlines, and many other businesses to charge customers different prices based on time of the day, age, and purchase dates. Why?
Find the historical data for the past five years. Identify the economic issues that relate to these indicators: Make use of graphs and charts.
What is Hardin's solution to the Tragedy of the Commons - What would need to be done, according to Hardin, Elliot, and Jared Diamond, to prevent a tragedy in these 2 commons.
verizon wireless atampt t-mobiles and sprint together provide over 90 cellphone services in the us wireless voice amp
Given the accelerationist Phillips curve = - 0.3 (U - 6) + , suppose that inflation in the preceding period was 3 percent, unemployment is 7 percent, and there is no price shock. The current inflation rate is ________.If expectations about inflat..
Using a supply and demand diagram, demonstrate how a positive externality leads to market inefficiency. how might the government help to eliminate this inefficiency.
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