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Q. How can you justify existence of government-granted monopolies for such public utilities as local telephone service, natural gas distribute version and electricity in light of traditional economic argument that more competition there is, more likely it is that an efficient allocation of resources will occur?
PbP Company have pay $10,000 to disassemble and ship the furnace to the new owner. What is the net cash flow after tax as it will result from selling this furnace in the year 2012.
These investors seek unlimited access to investment consultants and are willing to pay up to $10,000 annually for no fee-based transactions.
Can anyone think of a program which costs a lot but does not provide long lasting benefits.
He projects that his costs also revenue will be similar this year if he continues farming. Illustrate what is Bowen's accounting profit from farming an additional year.
Assume that the market for salad dressing is in equilibrium. What will happen to the price of lettuce rises.
Heckscher Ohlin model with two goods (wheat and cloth) and two inputs (land and labor), suppose price of cloth rises by 10% and the price of wheat remains the same. Wheat is land intensive and cloth is labor intensive. the rise in the price of cl..
Illustrate what are the assumptions being made about Jackie by her colleagues also managers.
Interest on the public debt is included as a part of government purchases in the determining GDP may arise since.
Illustrate what monthly profit would she realize with that level of business during the next 3 years.
Suppose that after five years consumer spending doubles to 400. Explain how much do you believe will be the budget share of leisure.
Suppose that firm A and firm B can form a joint venture to pursue either or both of their R&D programs.
Elucidate what type of returns to scale does this technology represent.
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