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Problem
A market failure occurs when the supply of good or service is insufficient to meet demand. This results in an inefficient distribution of resources among market participants. Hence government need to intervene to bring efficiencies. Explain any six tools available for government interventions to deal with the market failures suitable examples.
An incumbent usually charges a higher price than a new entrant does. Which of the following is a plausible reason for this observation?
Why might a profitable motel shut down in the long run if the land on which it is located becomes extremely valuable due to surrounding economic development? What kinds of costs are involved in making a decision to shut down?
Analyze how the technology or phenomenon has shaped or will shape relevant industries - Analyze The Weather Channel/The Weather Channel App to reveal opportunities
The act mandates, for the first time, a workplace benefit incidental, and without direct relation to the job itself. Is this fact a new and worthy trend in labor law or is it a dangerous precedent?
Does the heavy crude have lower or higher value from the base crude and if this is the global marginal refiner, what is the crude price differential between these two crudes?
Determine the integrated market's equilibrium price, average cost and number of firms. Conclude on the desirability of openness to trade in this case.
Consider a monopolist that cannot engage in any kind of price discrimination. Why does the monopolist produce a smaller output and charge a higher price than it would prevail if the industry were perfectly competitive?
Calculate the effect of the wage subsidy of consumer surplus and producer surplus and What are the equations for the (long-run) expansion paths
DILEMMAS IN MEDICINE In Alpha and Omega: Ethics at the Frontiers of Life and Death, author Ernlé Young specifies four fundamental principles.
The question related to Economics and it explain about the Federal Reserve system. The structure of the Federal Reserve system and its independence from the government has been discussed in the answer.
What is likely to happen after PAI's eventual exit? How would momentum be maintained for the employees? Would it be a good idea for Chr. Hansen to be listed again?
In 2013, Sony announced that it had suffered losses selling televisions for the ninth straight year. Given the strong consumer demand for plasma, LCD, and LED television sets, shouldn't Sony have been able to raise prices to earn a profit? Briefly..
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