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In recent years, the Internet auction firm eBay has sougth to make its auction technology the favorite of software programmers, and it has begun licensing its technology to other Web sites. The company's managers have pulicly stated that their goal is for eBay's auction system to become the dominant "operating system" of all auction applications on the Internet. Are there any potenial antitrust issues related to the company's efforts?
In the Ricardian model, everyone seems to benefit from trade. However, the Heckscher-Ohlin model seems to show that some lose from trade as well. Who are the losers in the HO model and how do they not benefit from trade
Alexander studies away from home. While at school, he spends all his income on air travel and economics textbooks. In a diagram with air-travel as the x-axis good, as pair increases while ptext remains unchanged, Alexander's price consumption path..
Consider demand and supply curves for many markets - the market for mineral resources, the market for wheat, the market for sugar, and market for motor homes.
Suppose that the income effect of the tax induced price change is negligible, the excess burden of the tax will be.
Illustrate what is the price elasticity of demand. From the price elasticity elucidate the new rates be for 2009 if the demand increases at the same rate.
Corporation X expects sales next year = $5,000,000. Inventory and accounts receivable will increase $900,000 to accommodate this sales level.
on average, does an increase in taxes raise or lower real gdp if taxes as a percent of gdp go up 1 percent, by how much does real gdp change are the decreases in real gdp caused by tax increases temporary ir permanent does the intention of a tax i..
Utilizing a supply and demand diagram, explain how speculative attacks occur in the foreign exchange market.
It is mandetary that a rational customer will not purchase any units of the product represented by these data.
Give a numerical example to show that a monopolist's marginal revenue can be upward-sloping over part of its range.
Suppose that market for tradable emissions permits by power plants has been operating efficiently for several years. An engineering company then invents a lower cost device for pollution abatement.
Nominal GDP in a country was $8,759.9 billion in 2003 & $9,254.6 billion in 2004. The price index was 102.86 for 2003 & 104.37 for 2004.
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