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It is reasonable to assume that the barriers to entry in market will remain in place despite technological change and competition? Consider newspaper. In most countries there are a fee widely- read newspaper, making this particular section an olipolopy. Nowadays though newspaper face competition from electronic media, websites and blogs. Can electronic madia and globalization eventually change the market structure?
How a tariff imposed by a small country on its imported good causes a loss of real income, in the sense of lower utility, or "well -being" on the part of consumers?
What is the current macroeconomic situation in the U.S.? What should the Fed do about it? What monetary policy tools should the Fed use to achieve the result(s) you just recommended?
Ceteris paribus, there is an inverse relationship between price and quantity demanded. In other words, the demand curve for a good a negatively sloping. Can a demand curve still be negatively sloping of the marginal utility of the good is
When traveling to other countries for business, it is important to know the male/female roles in each country. Not knowing these roles could cause problems in discussions and negotiations.
Which of the following is an example of an autonomous agency of the United Nations? Which of the following is provided under the Foreign Sovereign Immunities Act? Throughout Christianity, divine and natural laws have been issued in the form of ______..
A firm has a fixed cost of $200 in its first year of operation. When the firm produces 99 units of output, its total costs are $4,000. The marginal cost of producing the 100th unit of output is $700. What is the total cost of producing 100 units?
Explain how low must a quota be in effect to have an impact. Using a demand-and-supply diagram, illustrate and explain the net welfare loss from imposing such a quota.
Guest Corporation issued (sold) 1,000 shares of its no par common stock for $110 per share. The bylaws established a stated value of $100 per share. The transaction is recorded as an increase in contributed capital of a. $ 100,000. b. $ 110,000. c. $..
Suppose you are the manager of a California winery. How would you expect the following events to affect the price you receive for a bottle of wine? Explain your answers The price of comparable French wine decreases. The unemployment rate in the Unite..
You are the owner of a local Honda dealership. Unlike other dealerships in the area, you take pride in your “No Haggle” sales policy. Last year, your dealership earned record profits of $1.5 million. In your market, you compete against two other deal..
Why is popcorn so expensive at the movies? Argue both that a high price for popcorn is price discrimination and then argue that it is not price discrimination.
The general role of financial intermediaries is to:
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