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This is a group project where everyone has to answer three questions pertaining to the firm(s) or Industry chosen. My project is on the merging of American and US Airways Airlines. Question 1.) From the firms point of view, what are some of the incentives to consolidate? Question 2.) List and describe the firms in the Industry. Question 3.) Describe the product, production methods, scale of production, and sources for raw materials. What technologies are used?
Some Keynesian economists criticize official unemployment statistics for understating extent of joblessness in United States. Which of following statements represent short comings of official unemployment rate reported by Bureau of Labour Statisti..
Suppose nominal GDP in 1999 was $100 billion also in 2001 it was $260 billion. Illustrate what is the own-price elasticity of demand.
Illustrate what is the source of IKEA's success today. Can you see any weaknesses in the company. What might it do to correct these.
What do you understand Spencer and Kate are the only two demanders of lemonade.
Explain how does this relate to the idea which diminishing marginal utility must be understood in context. Many people buy too much on their credit cards, even when they know they will be sorry when they get their credit card bill.
illustrate what type of unemployment will then occur. What is the natural rate of unemployment.
The relationship between marginal revenue and elasticity is when demand is elastic marginal revenue is positive and when demand is inelastic marginal revenue is negative
Do protectionist policies benefit producers, consumers, workers, or the government
Give an example of a product you consume for which your marginal utility increases with the amount of your consumption
What is the difference between the index number for the year you were born and the Consumer Price Index for January of 2012.
How will you consider the structure of the fresh salmon industry to calculate the forecast. Will you advise the firm to enter the industry.
The machine will be operating 2,500 hours per year with annual maintenance and operating costs of $6,000. Using an interest rate of 15%, what will the hourly cost be to run this machine?
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