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Assignment:
Melbourne Central Business District (CBD) train line is only operated by Metro. Singh and his two (2) friends are from rich families. After graduating from Holmes Institute they wanted to establish a passenger train line in Melbourne Central CBD. Accordingly, they made an application to the Victorian Department of Transport. However, the Victorian Department of Transport rejected their application.
Examine the factors that could have contributed to the decision by the Victorian Department of Transport to reject Singh and his friends' application to enter the industry.
The deadweight loss that is associated with a monopolisticallycompetitive market is a result ofa.price falling short of marginal cost in order to increasemarket shareb.price exceeding marginal cost.c.the firm operating in a regulated industry.d.exces..
Is a forecasted 8% return in the encabulator business necessarily better than a 4% safe return on short-term U.S. government securities?
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Sandra, a single taxpayer in the 35 percent marginal tax bracket, has $60,000 she can invest in either corporate bonds with a stated interest rate of 9 percent or general revenue bonds issued by her municipality
The only legal employer of military soldiers in United States is the federal government. If the government uses its knowledge of its monopolistic position, what criteria will it employ when estimating how many soldiers to recruit?
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In your own words, is the blood an organ or a tissue? Explain why or why not. Why is plasma protein important to a healthy blood supply? Can it be donated?
Say Tom buys a new house for $300,000 and takes a mortgage loan equal to the full amount at 7 percent interest rate. We will assume that the home's value will increase at the rate of inflation. If the expected rate of inflation is 4% the home is expe..
In light of the theory of comparative pros are any restrictions on free international trade advantageous
Compare the historical role of the executive branch in health policy and outline the effectiveness of that approach. Consider the way in which the relationship between the public and private sectors are expressed in presidential debates.
a needy family of a mother and three children currently receives cash benefits that average 12 per day. the mother of
the owner-manager of good guys enterprises obtains utility from income(profit)and from having the firm behave in a socially conscious manner, such as making charitable contributions or civic expenditures. can you set up the problem and derive the ..
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