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Explain why oligopolists have an incentive to collude or form a cartel and Explain why oligopolists in a collusive agreement might have an incentive to renege on such an agreement.
Illustrate what public policies might be used to address one of the problems you identified in your response to the question above.
q.pharmaceutical drugs have an inelastic demand as well as computers have an elastic demand. suppose that technological
Explain how did the marketer of which product you purchased direct each of those four elements of the marketing mix to influence your purchase?
What has been the effect of longtime rent control in New York City? Why were controls initially imposed and why do they persist to this day?
Calculate the percentage change in nominal GDP, real GDP and the GDP deflator in 2009 and 2010 from the preceding year. For each year, identify the variable that does not change. Explain in words why your answer makes sense.
To what extent is to greek proverb "Happiness is the full utilization of your capacities along lines of excellence." similar and different from the traditional definition of economics.
Consider the following game. You roll a six – sided die and each time you roll a 6, you get $30. For all other outcomes you pay $6. What is the expected value of the game?
Why is depreciation of capital good a cost of society. In illustrate what ways does a person's health depreciate. Why might older people's health care expenditures increase in Grossman model even though their desired health stocks may be lower.
Discuss the necessary conditions to make price discrimination work and the best practices to use price discrimination to maximize profits while avoiding price wars.
The national debt is now $8,700,000,000,000. If the population of the United States is 300,000,000 what is each citizen's share of this debt? The national debt is rising at the rate of 1.69 billion dollars per day. Explain how much is each citizen..
Why does government support patent process and why does government not encourages monopoly behaviour.
i am looking for the modeli answers of the following attached 11 questions the questions are related to poter five
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