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What are examples of a perfectly/purely competitive firms that you have recently purchased a product from in the last couple of months? Explain how you relate your answer to the market characteristics. 150 words min. in paragraph form.
A number macroeconomic variables decline during recessions. One of these variables is the GDP. Empirical studies indicate that the long-run trend in real GDP of the USA has an upward trend. How is this possible given business cycles and macroeconomic..
Write a one to two page response on an issue that interests you within the topics of South Asian geography, climate, prehistory (including the Indus Valley Civilization), or Hinduism. Discuss your opinions and impressions in a scholarly fashion and u..
If the Federal Reserve wishes to put upward pressure on market interest rates, what would it be most likely to do? How would it proceed to push the Federal funds rate in an upward direction? How would it lower the funds rate? Describe the trade-offs ..
Assume which, in the efficiency wage model, it becomes more difficult for the ?rm to distinguish high-ability workers from low-ability workers in the labor market.
You have made arrangements to borrow $1,000 now and another $1,000 three years from now (End of Yr 3). The obligation is to be repaid at the end of four years. If the projected interest rates in years one, two, three, and four are 10%, 12%, 12%, and ..
Injection molding machines are needed to be replaced at a company. The list is narrowed down to two options based on various parameters like screw diameter, injection pressure, injection capacity, rate, and screw rpm and so on. calculate the PW of th..
A government starts off with a total debt of $3.5 billion. In year one, the government runs a deficit of $400 million. In year two, the government runs a deficit of $1 billion. In year three, the government runs a surplus of $200 million. What is the..
In the short run, a perfectly competitive firm suffering a loss, Monopolistic competition is best described as
If the base year is 2009, then the economy s inflation rate is
Consider a small community made up of two individuals, Joseph and Michael. The local hardware store is selling table lamps at a price of 6 dollars per lamp. Joseph’s demand for lamps is given by: qJ = (18−3P 0≤P
Why is the unrestricted entry of new firms to all markets necessary to assure the efficient allocation of resources in the long run?
You are the business adviser to a hyper market in Penang. You have been given the following information on the demand of chicken in Penang. Analyze the information below and advise the purchasing department accordingly.
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