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Question: Explain the market failure associated with negative externality. Choose an industry from your home country that creates a negative externality. (Hint: this is your case study that you need to describe in details, provide relevant information, use table, diagrams where appropriate).
How does the government address the negative externality in your case study? Explain using economic theory and illustrate it on a diagram. Suggest your ways in which the market failure associated with negative externality can be addressed. Explain using economic theory and a diagram. (Hint: use real life data from your case study).
Identify the market structure your case study belongs to. (Hint: Briefly explain four market structures, and identify the key factors that distinguish them such as number of sellers, type of product, entry conditions, profits and losses in the short and long run. Identify the key characteristics of your chosen case study in relation to the factors used to differentiate between the market structures. Use real data from your case study).
Using your case study, evaluate the efficiency of your chosen industry. (Hint: compare the allocation of resources and market outcomes between your chosen industry and perfectly competitive market structure using theory and real data from your case study).
How does the resulting change in the slope of the aggregate demand curve help stabilize inflation when the economy is hit with a temporary negative supply shock?
Now suppose that x 2 is also free to vary. Derive the demands for the inputs and the long-run cost function of the firm - Draw the two cost functions on the graph. Do they cross? Which one lies higher?
How will the company overcome those barriers (strategies)? Identify a Global Environment for the company (an international country for the company).
discuss the problems associated with using the unemployment rate as a gauge of labor market conditions. in your answer
Explanation of how projected global and market trends over the next 10-15 years will impact your company's ability to maintain a competitive advantage.
Explain the matrix of technical coefficents - I could not understand the matrix of technical coefficents
Two firms share an industry in which total product demand is given by Q = 20-p. Derive the reaction functions of the two firms
a small business which produces plastic vacuum-suction covers for round household dishes has a monopoly that is
Analyze several magazine or newspaper ads to decide how the ads reflect or use the law of diminishing marginal utility. Explain your findings in specific detail.
Suppose that you are on the board of directors of a firm which is the dominant firm in the industry. That is, it lets all of the other firms, which are much smaller, sell all they want at the existing market price. In other words the smaller firms..
A new water treatment plant proposed for Any town, USA, has an initial cost of $6M. The new plant will service the 7500 residential customers.
How does the articulation of strategic intent affect the strategic planning and management process? Could organizations be just as effective without clear statements of strategic intent?
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