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Q1. Total industry sales are $105million. The top four firms account for sales of $10 million, $9million, $8 million, and $5 million, respectively. What is the four-firm concentration ratio?
Q2. Using either a graph or table use two goods to construct a production possibilities curve. Clearly explain what a variety of different points on the curve mean. Illustrate what would make the curve expand or contract? Why is efficiency lost at the boundaries as when substantially more of one good and very little of another is produced?
Distinguish between the two types but knows the probabilities of each type. What would be the result in this market for loans.
What reliance performance would be measured efficient. Elucidate reliance behavior which would be considered excessive.
Analyze the equilibrium cost and quantity in this case and label it on your graph. Moreover calculate, deadweight loss, consumer surplus as well as industry profits.
What is the market equilibrium cost. What is the equilibrium number of firms in the market.
Evaluate Rusal's prediction by using the demand and supply equations to make a prediction about the movement of world aluminum price.
Jane wants to buy a beautiful doll as a gift for her sister's birthday. What is the advantage to society to correct the externality?
Indicate whether there will be economies of scale, diseconomies of scale, or constant returns to scale if the facilities are built optimally.
What would be a short-term impact on the production of the corporation. Illustrate what would be the long term.
Given your understanding of bond markets, what signals is the the bond market sending in response to the downgrade. Is this problematic.
During the working life, how do you graph that without knowing more information.
Coupled with $160 annual tax rebate per household. Will the household be better or worse off under the new program.
What is the new equilibrium price and output in the short run for both the industry and each firm.
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