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According to the 2011 proposed AT&T merger with T-Mobile, AT&T argued that the merger would extend its network, providing more reliable and faster cell phone service (particularly to existing T-Mobile customers who on average have lower-grade service plans at cheaper rates). Market observers were worried that after the merger, AT&T would raise cellular rates to some customer segments.
Briefly evaluate these pros and cons.
Imagine a scenario in which you are a junior sales executive for a multinational firm selling a product line in many corners of the world.
"The American Recovery and Reinvestment Act of 2009--commonly called the "stimulus"--was designed to spur economic growth while creating new jobs and saving existing ones. Discuss the intersection of micro and macroeconomic policies this represents
"In a 2x2x2 Heckscher-Ohlin context, when a relatively labor-abundant country moves from autarky to trade, the real return to capital in the import-competing industry decreases and the real return to capital in the export industry also decreases."
q1. state two economic principles of taxation and which principle best justifies the excise tax on gasoline when the
Suppose we know that output in the economy is given by the production function: YttKt1/2Lt1/2. If total factor productivity (A) is growing at a rate of 1.5% per year, the capital stock (K) by 2%, and the labor supply (L) by 1%, a. Calculate lon..
EXplain how does a decrease in foreign price levels affect domestic aggregate expenditures and demand.
Identify a PLC company that uses strategic management - this company may be prosperous, booming, in decline, or in economic difficulties.
Elucidate how the market system efficiently performs the functions of communication, cordination, and motivation in the distribution of resources to consumers.
In January 2007, XM enjoyed about 58 percent of satellite radio subscribers, and Sirius had the remaining 42 percent. Both firms were suffering losses, despite their dominance in the satellite radio market.
What effects would each of the following have on aggregate demand or aggregate supply, other things equal? In each case use a diagram to show the expected effects on the equilibrium price level and the level of real output, assuming that the price le..
Economists have often found that purchasing power parity gives a closer approximation to reality during periods of very high inflation than during "normal" times. can you provide an explanation for why this might be so?
If an increase in the price of accordions does not change total revenue from accordion sales, what can we infer about the price elasticity of demand for accordions?
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