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Discussion Post: Costs & the Four Market Structures
We recently discussed marginal cost as it relates to decision making. We also discussed the four market structures as they relate to setting prices and output decisions. What are some of the takeaways that you have after reflecting on how a business can make decisions using the marginal cost marginal revenue idea? What market structure would you like to be a seller in? What market structure would you like to be a buyer in? How do you think understanding these concepts can help you be a better producer or a better consumer?
Discuss the effects of this maneuver with regards to inflation, unemployment, GDP, and the housing market in the short term.
Describe the relationship between a company's working capital management and its profitability? How and why would a company seek to make an investment? Explain.
A proposal in the government budget set forth in 2013 placed a limit on the total amount of savings that can be accumulated in tax-preferred retirement accounts to about $ 3 million (U.S. News and World Report, April 10, 2013). The White House has ar..
Provide a brief overview /synopsis of the issue.
Your pharmaceutical firm is seeking to open up new international markets by partnering with various local distributors.
Describe how a bank increases the money supply. Explain what are a discount loan, a discount rate, and excess reserves. Give an example of how a bank panic.
Describe characteristics of potential customers in terms of geographic location, demographic, media habits, consumer behavior patterns and lifestyle activities.
What would be the steel company's output if it employs 150 units of capital and 200 units of labor?
One of the partners favors moving downtown because she believes the additional business gained by moving downtown will exceed the higher rent at the downtown location plus the cost of making the move.
Critical Thinking: Although still not yet fully implemented Congress passed a bill creating national health care system, called the Affordable Care Act, also called Obama-care. In what ways do the principles of economics relate to this decision? Desc..
Describe the Harrod-Domar growth model, and explain precisely how the model illustrates dynamic instability. Why is it often called the “knife’s edge model”?
Suppose you own a small company that manufactures baseball equipment. You aware that RUSSIA is a large market and you are considering exporting your products there.
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