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Why does the entry of firms into an industry decrease the economic profits of the existing firms? Why does the exit of firms from an industry increase the economic profits of the existing firms?
the economy goes into a recession, we can expect:
A. An increase in the supply of goods, lower prices, a decrease in the demand for labor and lower wages.
B An increase in the demand for goods, higher prices, an increase in the supply of labor and lower wages.
C. A decrease in the demand for goods, lower prices, a decrease in the demand for labor and lower wages.
D) A decrease in the supply of goods, higher prices, an increase in the demand for labor and higher wages.
One months ago, they added five workers and productivity also increased by 50,000 pages. Copiers cost about twice as much as workers. Would you recommend they hire another employee or buy another copier.
What is the allowable depletion charge using the percentage depletion method for year 1 only of the salt mine investment described below. The applicable rate for the percentage depletion method is 10%. Cost to acquire mine rights = $30,000
Elucidate how scarcity of resources influences this market and describe the choices stakeholders are forced to make.
Among which of the following U.S. policies and institutions may negatively influence U.S. long-run economic growth.
What is dual cut off method of the multidimensional poverty index? based on the three case studies of ' portfolio of the poor' (2009) did you find any poor of Bangladesh, india and south Afirca who suffer from any dimension of poverty? if yes, explai..
Consider a market for online movie rentals. The market supply curve slopes upward, the market demand curve slopes downward, and the equilibrium rental price equals $3.50. Consider each of the following events, and discuss the effects they will have o..
Explain how will La Nina affect the price of Chilean wine. Assuming LaNina does not impact the California wine producing region, how will La Nina impact the market for Californian wine.
Suppose there are two types of customers for a cell phone service: undergraduates (U) and grad Students (G). The aggregate (inverse) demand curve for undergraduates is PU = 100 − 0.25QU and the aggregate (inverse) demand curve for the graduate studen..
the pilots will receive options to buy 14 million shares of the firm's stock over the next 10 years. What impact do you think this new contract will have on Southwest Airlines?
In 900 words or more needs to be general in nature and should reflect your beliefs, and not necessarily a statement of fact. Are your values based on family, health, achievements, wealth, job success, happiness, faith, love, or anything else that you..
When Mik has an absolute advantage in the production of two goods over Tommy, Mik
You are the assistant to the CEO of a major company. Your CEO keeps an eye on the competition, and asks you to do the following. Using ratio analysis, compare two major competitors in the same industry. One of your two companies can be the same compa..
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