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Firms can have:
1. Accounting profits and economic losses
2. Accounting profits and economic profits
3. Accounting losses and economic losses
4. Accounting losses and economic profits
a. i, ii, and iii
b. only i and iv
c. only ii and iii
d. All of the above
Sometimes managers do not have strong incentives to maximize the firm value. At the same time development of the control systems can be both difficult and expensive.
Show analytically that equilibrium price under Cournot is greater than price under perfect competition but lower than monopoly price.
Which of the two nations has better prospects for the future and why. Provide a reasoned opinion.
q.suppose the consumption of gold offers people a marginal utility that diminishes as that person consumes more gold.
Using the supply-and-demand model, explain what would happen to the supply curve during a drought. Also explain the effect on the price of water as illustrated by the graph.
Elucidate how a bartender would know that the price of an exotic drink was too low or too high. Provide adequate conceptual justifications.
Compare and Contrast the features of the retirement plans offered by Creative Games and United Manufacturing. Which plan do you think is more desirable? Why?
Why are you taking this class. Explain. Did you read and understand syllabus requirements for this class. What is labour productivity.
Please explain impact on economy of Government spending on Health care on interest rates, investments, employment and income in economy. Please follow sequence in question. Explain how interrelationships.
If the IS curve does not shift when autonomous consumption increases by $100 MM and autonomous taxes increase by $200 MM, what can we infer about the marginal propensity to consume?
What nominal rate per month is equivalent to an effective rate of 3.8% per quarter, compounded continously?
Some city governments require that all city employees live within the city limits. What impact does this have on labor supply and the elasticity of demand for employees of a city with such a requirement?
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