Houston medical center, In your opinion, does the Houston

Houston medical center

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Reference no: EM1311801

Q1. Annie runs a fitness center. On 31st December 2008 she bought an existing business with exercise equipment also a building worth $300,000. During 2009, business improved also she bought some new equipment for $50,000. At the end of 2009, her equipment also buildings were worth $325,000. Calculate Annie's gross investment, depreciation also net investment during 2009.

Q2. In your opinion, does the Houston Medical Center, in which many hospitals gather, represent an example of perfect competition, monopolistic competition, collusive oligopoly, or competitive oligopoly? Elucidate your answer in the language of economics.

Reference no: EM1311801

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