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How might some manufacturers, software providers and other courier companies respond to the strategies of these UPS and software provider SAP?
You have two sets of estimates of national account numbers for a closed economy for next year. In the first set, government expenditures will be $30 billion, transfer payments will be $10 billion, and taxes will be $45 billion. Based on these numbers..
Under which market structure would you classify the airline industry? Given this structure, why is it that there is little price competition between carriers on the same route? Why is there not more price competition? If they do not choose to compete..
Give two examples of externalities connected with consumption and saving that can be used in arguing for policies aimed at increasing U.S. personal saving. Explain why they can be used that way. Explain what a traditional I.R.A. is. Explain how it in..
Suppose Chen has demand Q = 40 – 2P for streetlights and Abby has the demand Q = 10 – (1/2)P for streetlights. The cost of building each streetlight is $19. How many streetlights are socially optimal? Compare this socially optimal quantity with the q..
A tariff is a tax on imports. Use the model of the excise tax to explain why domestic firms ask their government to "protect" them with a tariff. Consider the winners and losers from the tariff. Why do economists tend to think that tariffs are a bad ..
Recall the Monopoly Pricing formula using Demand Elasticity and use it to price.
An old 100-MW power plant has a heat rate of 13 000 Btu/kWh and burns a fuel that costs 2.90 $/MBtu. The owner of the plant estimates the fixed cost of keeping the plant available at $360 000 per year. What is the minimum price that would justify kee..
q1. the market demand and supply functions for pork are qd 2000 - 500p and qs 800 100p. to help pork producers the
For the Portfolio Project, students will conduct an analysis of a recent article and provide their evaluation and outcome expectations in a written paper of 1500-2500 words that discusses APA format and reference sheet needed.
Suppose that each ticket costs $5 and that the total cost of giving the concert is a fixed $2000. Let Y = profit = total sales revenue - total cost = 5X - 2000.
Bridget has a limited income and consumers only wine and cheese; her current consumption choice is four bottles of wine and 10 pounds of cheese. The price of wine is $10 per bottle, and the price of cheese is $4 per pound. Is Bridget making the utili..
Sam and Dan are twins who like playing tricks on each other. Sam is deciding wheter to take Dan's blanket. Sam has a utility of 0 if he doesn't tale Dan's blanket. Draw the game tree. For what values of X would we observe Sam taking Dan's blanket in..
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