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Has the rise of the internet and file sharing turned media such as movies and music into public goods? Why? Be specific in your explanation.
In this essay, you will develop a position on a current topic supported by research (with consideration of opposing research and positions).
Select an industry or firm and state what is the market structure (pure competition, or monopoly, or monopolistic, or oligopoly).Define the characteristics of the industry or firm to support your selection of a market structure.
According to The Wall Street Journal, Mitsubishi Motors recently announced a major restructuring plan in an attempt to reverse declining global sales. Suppose that as part of the restructuring plan Mitsubishi conducts an analysis of how labor and cap..
The current market rate for rental housing in your town is $600 per month. Suppose that college students persuaded the town council to enact a law setting the maximum price for rentals at $400 per month. How would this affect the rental market in you..
A company sold a $1,000,000 issue of bonds with a 15-year life, paying 4% interest per year. The bonds were sold at par value. If the company paid a selling fee of $50,000 and has an annual expense of $70,256 for mailing and record keeping, what is t..
Suppose there is an industry with a total 10 firms, each with a market share of 10%. Given this information, which one of the following statements regarding the Herfindahl- Hirschman Index (“HHI”) is true?
If the government imposes a tax of $.25 on each papaya produced, will this cause a change in supply or quantity supplied?
What effect should each of the following have upon the demand for portable music players in a competitive market? Explain your reasoning in each case.
What situation gives rise to a surplus?
(a) What is market concentration and how can you know whether a market is concentrated or not (b) What are the causes of market concentration (c) Are business mergers good or bad for the economy Explain why
Outline a plan that will assess the effectiveness of the market structure for the company's operations. Note: In Assignment 1, the assumption.
It costs $30,000 to retrofit gasoline pumps at your filling station so the pumps can dispense E85 (85% ethanol and 15% gasoline). If your station makes a profit of S0.08 per gallon from selling E85 and sells an average of 20,000 gallons of E85 per mo..
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