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How can monopolies be efficiently regulated by governments? Give examples of Canadian cases.
Find the subgame perfect equilibria of the variant of the game in which the post-entry competition is a game in which each firm chooses a price, rather than an output.
Do you combine "similar" channels into a bundle (IE, a bundle of sports channels, or of news channels), or do you combine "different" channels and why?
The price of x1 is 3$ and the price of x2 is $1 and Jack has an income of $90. A) How much of each goods will he demand? A 1$ quantity tax (t) is placed on x1 so that now x1 costs $4 to Jack while his income and the price of x2 stay the same. How muc..
Which of the following is the best example of a network good? People sometimes point to similar gas prices at competing gas stations as evidence of collusion when they could just be selling at market price. If this is not good evidence of collusion, ..
The product will be discontinued at the end of Year 6. If the firm's interest rate is 10%, calculate the PW of the revenue stream.
Suppose the government imposes an import quota of 1200 units of barrels. Find the trading price for petroleum.
Many police officer positions require the applicant to have a college degree even though the tasks of a police officer rarely call upon college course material
Write this statement as a logical statement using the appropriate logic symbols for conjunction and implication.
Ten local residents were randomly selected to test the colas. What is the probability that five of these 10 testers will prefer brand A?
Is there a difference between the moral hazard and principal-agent problems? If yes, explain the dif- ferences and give an example of a situation where one of them exists without the other. If there is no difference, argue this is one and the same pr..
Describe the demand curve facing a monopoly and how it differs from that facing a firm in a perfectly competitive market.
Imagine you are hired by the Bureau of Labor Statistics as an international economist to analyze data on the international economy
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