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Answer these questions as they pertain to the data in the attachment. (Submit competitive structure and resources and begin industry threats and opportunities).
Justifies a competition classification for the industry.
Describes the size and strength of current key firms in the industry, as these determine ease of entry and exit for new entrants into the market.
Discusses changes in market structure, such as quantity and skill level of labor supply and quantity and quality of raw materials used in the production process.
Evaluates industry forecasts for costs of market variables,such as labor and raw materials.
Explains evidence of future shortages or higher costs for market variables (that is, what threats exist and how this is known)
Suppose the price of widgets rises from $5 to $7 and consumption of widgets falls from 25 widgets a month to 15 widgets. Calculate your price elasticity of demand of widgets.
A profit maximizing monopolist is earning a positive economic profit. The wage it pays its workers rises. How will the firms choice of Price and Quanity change in response to the wage increase. Use a diagram in your answer.
How has the CPI behaved since the year 2000? What have been the causes of these changes? In your response, include a graph of the CPI for this period and cite your source
write the productivity factors which may describe the differences in pay between men and women in similar occupations.
q.1 price elasticity of demand depends on various factors. explain each factor with the help of an example.q.2 show how
A risky asset has two possible outcomes. Outcome 1 pays $20 with 20% probability, and outcome 2 pays $50 with 80% probability. What is the standard deviation of payoffs of this asset? Show work
question 1 what do you mean by a social welfare function? if you suppose that such a function exists what properties of
From the scenario for Katrina's Candies, determine the relevant costs for the expansion decision, and distinguish between the short run and the long run costs.. Recommend the key decision-making criteria that Katrina's Candies should use for e..
suppose that a monopolistically competitive firm must build a production facility in order to produce a product.nbsp
Calculate the total weekly economic surplus generated at the market equilibrium.
What are the three functions of money and Which function is the defining characteristic and how is the discount rate different from the federal funds rate?
Suppose you were the manager of a bank that raised most of its funds from short- term variable-rate deposits and used these funds to make fixed-rate mortgage loans. Should you be more concerned about rises or falls in short-term interest rates? ..
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