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TELEPACIFIC EXPANDS INTO TEXAS WITH TEL WEST PURCHASE, present two arguments. The first should argue in favor of the proposed merger, from the perspective of the firms. The second argues against the proposed merger from the perspective of the broader public interest. In those arguments, answer the following questions.
1. Explain the importance of competition among firms.
2. Explain whether the competitive environment in this industry benefits society or not.
3. Is a high degree of market concentration a boon or threat to consumers? Explain. Use either the allocative efficiency or dynamic efficiency arguments.
4. Can the oligopoly market structure benefit both consumers and businesses by forging common standards in industries that experience rapid technological change?
Suppose the effects of a change in the money supply in an open economy under a flexible exchange rate system. How are your conclusion affected by the adoption of a fixed exchange rate.
Consider a product with a supply function Q 1 = β 0 + β 1 + u 1, a demand function Q d i =y 0 +u i d . Show that P i and u s d are correlated.
Suppose that natural real GDP is constant. For every 1 percent increase in the rate of inflation above its expected level, firms are willing to increase real GDP by 2 percent. Draw the new short-run Phillips Curve.
Illustrate what are economic influences which affect the organization in a negative way.
Illustrate what components would be comprised in the spreadsheet. Explain how could you perform sensitivity analysis on the spread sheet.
Suzy knows that she has maximized her utility, as she is on her budget constraint.
Expectation the industry has for you is that you will research also write down relevant economic white papers for the pre-orientation of future deployed employees.
Assess the degree of difficulty associated with measuring marginal revenue product for each of the following occupations.
Cindy gains utility from consumption and leisure. The most leisure she can consume in a week is 168 hours.
Answer whether the following statements are true or false, explaining your answer in each case.
If the rate of return earned on reinvested funds is 15 percent also the industry reinvests 40 percent of earnings in the firm, what must be the discount rate.
could you discuss that the drop in sales might be something less or something more than this. Use economic reasoning to justify your forecast.
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