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Assignment:
An electric power company regulated by the state is a monopoly enterprise.
(1)Suppose the regulator sets the price to reflect what the market will look like if it is competitive.
(2)Now suppose that the government wants to loosen its control on electricity and let it freely determine the electricity price it charges. How will this affect the demand of power companies for labor in the short term? If appropriate, please explain with illustrations.
Japan and America can each produce 400 million cars a year. Draw the production possibilities curve for each country
Apple put on the first smart phone, making them the Stackelberg leader. Samsung, HTC and Sony release their smart phones some time later. Consider the market competition game between these three companies. Apply chooses its output level q1 first.
Why are patents granted to manufacturers who develop new products or techniques? Do patents restrict or encourage competition?
Below is the graph of the demand curve and the supply curve for Belgium cocoa beans. From the supply and demand schedules above, what are the equilibrium price and quantity of cocoa beans from Belgium
Draw one graph showing average fixed costs, average variable costs, average total costs, marginal revenue, and marginal costs.
If the mayor's objective is to increase social welfare by minimizing deadweight loss, what regulation should he enact?
A road between Fairbanks and Nome, Alaska, will have a most likely construction cost of $4 million per mile. Doubling this cost is considered.
an employer gives out private information to an employees ex-husband. the private information included the employees
Conduct a literature and an Internet search on the topics of the Challenger disaster and groupthink. Then, discuss how groupthink might have created decision-making problems for NASA and its booster contractor. Cite at least two sources in your an..
Add a column showing Anika's cost of effort and columns for the expected payoff to Anika and the owner. Fill in the expected payoffs to both parties if Anika
What is the challenge of organization in international business? Why do managers increasingly worry about it? What trends drive current change?
1. a politician was recently quoted as saying our country can only reach full employment by raising the minimum wage
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