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The U. S. and the World economy is still in a period of slow growth and high unemployment. Soon, we will be in another election year, does the Political Business Cycle still exist?
Do incumbent politicians use their power and influence to get reelected? Is this a "valid" use of political power? How does this impact business firms? Discuss.
A gasoline station very near a profesional football stadium parks cars on its lot to make money on game days. Last year it charged $4.00 per car and parked 1000 cars. This year it raised the parking price to $5.00 and parked 850 cars. Did the stat..
suppose that two people michelle and james each live alone in an isolated region. they each have the same resources
w suppose that the interest rate falls to 50%, and the household decides not to borrow or lend at alll. Is the household better off or worse off with the higher interest rate?
A new competitor enters the industry and competes with a second firm, which had been a monopolist. The second firm finds that although demand is not perfectly elastic, it is now relatively more elastic.
describe the circumstances under which a firm chooses a low-cost strategy to attain sustainable competitive advantage.
consider the market for minivans. for each of the events listed here identify which of the determinants of demand or
Suppose that the supply curve (private marginal cost) for a manufactured good is given by QS = 2P ? 2 and that the demand for the product is given by QD = 10 ? 2P. Find the price and quantity in market equilibrium.
Risk exists when
assume tuition at private high schools is 5000 per term with 100000 students attending in 2012. draw the initial market
ten firms compete in a market to sell product x. the total sales of all firms selling the product are 2 million.
Alchem (L) is the price leader in the polyglue All 10 other manufacturers (follower [F] firms) sell polyglue at the same price as Alchem. Alchem allows the other firms to sell as much as they wish at the established price and supplies the remaind..
Distinguish between craft unions and industrial unions.
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