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Mergers of firms in an industry tend to:
a) Transform monopolistic competition into pure competition
b) Transform monopolistic competition into oligopoly
c) Reduce the Herfindahl index for the industry
Draw the production possibilities curve for time. On one axis put sleep time and on the other put awake time. You have 24 hours available in a given day. Indicate the combination that describes your allocation today.
britain is proud of its national health service nhs. in 1948 the national health service act stipulated that the
Using the AD-AS model, if consumers and business become more optimistic about the future direction of the economy and increase spending, then:
A laser-based system installed for B = $150,000 three years ago can be sold for SP = $180,000 now. Based on 5-year MACRS recovery, BV3 = $43,200. GI for year is $800,000 and annual operating expenses average $50,000. Decide TI and taxes if Te = 34% i..
topic research and evaluate sustainability economic and sustainable agriculture.you may consider evaluating a current
Describe briefly a market in an important product, resource or service in which demand and supply is not mediated through price mechanism. What alternative mechanism is used to allocate the scarce resource or product in this market [Hint, one such..
Each demand curve must eventually hit the quantity axis because with limited incomes there is always a value so high that there is no demand for the good.
RedBall Productions is a new company based in Orem, Utah.RedBall supplies stock images of still photography.
a contract or agreement does not have to be between two companies. another example of a dispute can be that of
bayer schering pharma ag germany owns the alka-seltzer which was launched in 1931 and was meant for relief of minor
Given the accelerationist Phillips curve = - 0.3 (U - 6) + , suppose that inflation in the preceding period was 3 percent, unemployment is 7 percent, and there is no price shock. The current inflation rate is ________.If expectations about inflat..
A decrease in the price level might cause: A. an increase in the quantity of aggregate demand because of the substitution effect. B. An increase in the quantity of aggregate demand because of the wealth effect. C. A decrease in the quantity of aggreg..
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