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Assignment:
Choose a well-known industry whose key players could reasonably be considered an oligopolistic firm. Choose one of the 5 following industries:
Prior to beginning this discussion question, take a moment to search online news sources to find current events that are impacting the industry that you have chosen. This could be as broad as a global economic shock or as specific as an industry-specific controversy. Find articles that keenly interest you and will be an engaging topic to discuss with your peers. Insert links to those news sources in your response, and then answer the following questions:
What do you think are the opportunity costs of holding tens of billions of dollars of cash in foreign locations? What potential benefits might accrue to Microsoft shareholders if it returned some of that cash to the United States?
The expected returns earned from investment in the stock of two companies, Company A and Company B, are shown in the following table. Use the table to complete parts (a) through (e) below.
What is the numerical value of the partial derivative of the function with respect to the price of gasoline (be sure to also include the + or - sign).
Explain the relationship between total revenue and the price elasticity of demand.
For each of the following situations, decide whether the bundle Lakshani is considering optimal or not. If it is not optimal, how could Lakshani improve her overall level of utility? That is, determine which good she should spend more on and which..
Compare the simultaneous move Nash equilibrium solution (for prices and profits) with the sequential one (leader/follower)?
What impact does monetary policy have on the long-run Phillips curve and what impact might an increase in the budget deficit have on interest rates and exchange rates
Define the cross-price elasticity of demand. What does it mean if the cross-price elasticity of demand is negative? What does it mean if the cross-price elasticity of demand is positive?
In a market, used cars can be either high-quality or low-quality. The demand for both types of cars is perfectly elastic. Buyers' willingness to pay.
You are considering taking out a two-year loan of $1,000 from a bank, on which you can pay either compound yearly interest of 1 percent or a flat rate.
How do people's budget, income, and substitution effects fit in? How do you think this influences the demand curve for indoor grill products?
Electric utilities in California often make exchanges of power with utilities in the Pacific Northwest because their time patterns of consumption differ.
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