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Identify a particular industry that meets the criteria for Pure Competition or Monopoly. Explain clearly why you think the industry is in Pure Competition or is a Monopoly and evaluate it from perspectives of efficiency and equity. Identify the market characteristics, productive efficiency, allocative efficiency, and equity in the particular industry that you selected.
Describe the dimensions of quality from micro- and macro-perspectives. What are the different formats or models and applications of quality? Discuss the top three in your opinion.
One person proposes an allocation (both objects go to person 1, both go to person 2, one goes to each person), which the other person then either accepts or rejects. In the event of rejection, neither person receives either object.
In a certain year the aggregate value demanded at the existing price level consists of $100 billion of use, $40 billion of investment, $10 billion of net exports, and $20 billion of government buy.
supply curve is applicable to a nation's economy. Create appropriate diagrams to assist in answering the following questions:
Explain why are there significant disparities in the cost of living throughout the US.
What are the reasons why the colonized region in latin america remained underdeveloped? How/Why was the Great Depression considered an "imported crisis" for Latin America? Under ISI policies, Latin America became one of the most protectionist regio..
The United States is one of the wealthiest country on earth, yet our fundamental economic difficulty is scarcity. How can this be? Also, determine the broadest and narrowest measures of money & how are they used?
Illustrate what effect do you think it had on learning by the industry as a whole. What factors might explain these patterns.
If price discrimination is feasible, which of these pricing approaches would you consider using market segmentation by location or time, two-part tariffs, limit pricing, penetration pricing.
Glassworks and Clearsmooth compete in the local market for windshield repairs. The market size (total available profits) is $10 million per year. Each firm can choose whether to advertise on local television.
Illustrate what role does economics play in your personal decisions and or those of your organization.
Rent Payment, Food, Utilities, and All Other. Your program should add the amounts, display the total, and compute and display the percentage for each category. Dollar amounts should be displayed with two decimal places and percentages should be di..
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