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If all the assumptions of perfect competition hold, why would firms in such an industry have little incentive to carry out technological change or much research and development? What conditions would encourage research and development in competitive industries?
controlsoft inc. is a supplier of inventory management and control software that is popular with companies in the us.
develop an application to improve cross-selling to current customers. the current sales management system has separate
What is the monopolist's total cost function?
a identify three types of competition that most firms encounter other than competition from other firms in their
What do the behavior genetics research on family influences and the evolutionary explanation of sex differences imply about the amount of influence parental behavior has on how masculine or feminine their sons and daughters become?
Your company is trying to decide whether to raise the price of your product from $$7.5 by $0.50 or lower it by $0.50. Given the above information what would you recommend if the sole goal of your firm is to increase the total revenue?
give the definitions for marginal rate of substitution mrs and the price ratio. then explain them in your own words
gas prices are high at 3.30 in the year of 2008 compared the prices in 1979 of gas prices for 1.00. are nominal prices
Which piece of information is more important in the utility maximization process: marginal utility per unit of the good or marginal utility per dollar? WHY?
Insurance companies must provide insurance to drivers who may take risks that go unreported because they don't wreck or get ticketed (or if they do wreck or get ticketed, it goes unreported to the insurance company).
Explain why government regulation is needed in in the Apple ipad industry stating the major reasons why government involvement in a market economy.
there are probably a thousand macro economic indicators some measure the overall national economy some are more
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