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What are the differences between Monopolistic competition and Monopoly?
How are information systems transforming businesses and why are they so essential running and managing a business today? What is information system? How does it work?
Currently AIDS is spreading in china and India. Govt. of these nations fail to stop spread of AIDS what are likely consequences for future economic growth in china and India.
Consider a consumer that only purchases two goods to maximize his/her satisfaction. He/she originally maximized his/her satisfaction, and suddenly his/her income decreased. Assume that good 1 is inferior and good 2 is normal. What are the implication..
One of the key factors discussed during this election has been the rate of growth of the US economy. Current estimates show Chinese economy at 7.7%, India at 5% compared to 2.2% for the US.
Competitive market equilibrium is determined by:
Explain carefully how the rate of inflation and the length of the holding period (how long a durable asset is owned) affect the burden of the capital gains tax for the owner of an asset. Explain what the lock-in effect is for capital gains that are t..
q1. for you and your neighbor to specialize and trade it must be that the price at which you or your neighbor sells the
Show how the equation in covered interest parity is derived. Explain the theory. Assume the current $/Euro exchange rate on the $/Euro exchange rate on the FORWARD market is 1.05 dollars per Euro.
The Murphy Corporation’s marginal cost curve is MC = 4 + 3Q, where MC is the cost (in dollars) of production the Qth unit of its product and Q is the number of units of its product produced per day. The price of a unit of Q is $3. A recent graduate o..
In the aftermath of 'The Great Recession', how would you describe the economic growth scenario for the U.S. economy? Explain your answer. Is economic growth impacted by prevailing employment/unemployment levels in the economy? Explain. Why is economi..
The Kerwin Company had the following data (in thousands) for a given period: Sales $780 Direct materials 180 Direct labor 230 Indirect manufacturing costs 210 Selling and administrative expenses 130 There were no beginning or ending inventories. Comp..
Do you consider yourself an early adopter when it comes to trying out new products or new fashions, or do you tend to take a wait-and-see attitude? How does your attitude toward new products and new ideas influence your decision making as a consumer?
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