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Problem
* What are anti-trust laws?
* How does the FTC practices protect consumers?
*Fortune 500 companies tactics in controlling markets
*Competitive advantages vs. non-competitive behaviors.
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Please provide your views and comments on how management has behaved in the past few years regarding product issues.
There are two assets that consumers can use in order to provide for future consumption: there is a short-term liquid asset and a long-term illiquid asset - does the planner provide more or less liquidity insurance compared to the market allocation?
In a classic article, Stanford University professor Kenneth Arrow argued that the market for medical care is inherently flawed because of asymmetric information. In what follows, I am going to embellish on the argument, making it even more forceful t..
Appalachian Coal Mining believes that it can increase labor productivity. How much pollution reduction should Appalachian Coal Mining undertake?
The physiocrats created the first "model" of economic life. Describe its structure and its dynamics (i.e., how does the model "work").
If at a point in time long term interest rates were below short term interest rates, what would this indicate about investors expectations of future short term interest rates? Explain your answer in a few sentences.
Explain how unemployment impacts each of the following groups: laborers, businesses and government. Based on the article "Rethinking Lays-offs," why is it not always in best interest of companies to cut jobs to save money?
Assume that the elasticity of demand for some good is less than 1 in absolute value. If half of the available supply is destroyed its price will rise.
Which of the following organizational forms requires the strongest management oversight?
Which of the following is NOT a necessary condition for oligopoly? Refer to the payoff matrix below for the profits of two firms making a decision to advertise or not. Which of the following is the outcome of the dominant strategy without cooperati..
Liquidity Premium Hypothesis Based on economists' forecasts and analysis, one-year Treasury bill rates and liquidity premiums for the next four years.
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