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Explain how economies of scale and scope can lead to a larger business model. Will a firm that has one or both be bothered by antitrust legislation? Why/why not?
Assume two firms, A and B, serve a market with demand D(p) = 11 - p. Also assume that (i) firms compete for market share
Past month Jones Hat Corporation sold 100 hats at $10 each. This month it increased the value of hats to $11 and sold 101 hats.
Suppose Congress wishes to reduce the budget deficit by reducing government spending. Use the IS-LM model to illustrate graphically.
Elucidate how could this technological change contribute to ending bottlenecks and rush hour congestion. What are some of the problems that might develop with such a system.
In other words,if we ask how much demand or supply changes in response to a changein price, we must be clear about how much time is allowed to passbefore measuring the changes in the quantity demanded or supplied.
Evergreen Landscapers, Inc., owes Friendly Finance Company $5,000. Evergreen enters into a contract with Suburban Office Park under which Evergreen promises to maintain the landscaping on Suburban's property.
Write a 5 page economics research paper about 3-4 economists and entrepreneurs.Thinking about writing about Bill Gate the obvious Oprah another obvious and Steve Jobs.
Consumption per capita as a function of ? and s. e. Golden Rule consumption if ? = 10%. (Hint: Find the s that maximizes consumption)
2. Compute and identify the import (or export) amount on the above diagram. It will be helpful to use a horizontal line to indicate the world price. 3. Between consumers and producers in Econia, which benefits from opening Econia to trade
Assume the government increases education spending by $20 billion. How much additional consumption will this increase cause?
Best Buy and Circuit City are competitors in the customer electronics market. Both have relatively large margins on plasma TV's. Essentially,
Suppose the market for autoworkers is in equilibrium when the automakers purchase capital goods to produce more fuel efficient automobiles and these capital goods are a substitute for workers. What happens in market for autoworkers?
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