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Name a particular market in which you are a demander. Name a particular market in which you are a supplier. How is price determined in a market?
Why does an international manager need to understand regional economic integration and other forms of cross-national cooperation?
What is my the automotive investment scheme in South Africa?
Assume that a monopoly has the following inverse demand curve: P=80-5Q. The firm's total cost function is TC=20+10Q. At what output is the firm's total revenue maximized?
Explain the relationship between recession and currency crisis
Suppose that quarterly consumption in dollars (CONS) is a linear function of the amount of disposable income in dollars (YDISP) with a two-order lag: What is the effect of a permanent increase in YDISP of 1000 on the long-run average of CONS?
The United States has a variety of regulations to address the economic harm resulting from monopoly power in an industry. This includes the Sherman Act of 1890, the Clayton Act of 1914, and the Federal Trade Commission Act of 1914. These acts were ai..
What does Welfare Economics mean, and how does it apply to the allocation of resources, and its effects on today's society? Please explain in detail
Certainly there is a market for violent gaming, but I wonder if there is an ethical line that companies chose not to cross. For example, there are presently several games on the market that allow players to rape women. And then there is the issue of ..
What are your thoughts on the proposition that capitalism may be appropriate for the United States and other industrialized nations, but a different economic structure might be more appropriate for poorer nations?
Identify any externalities associated with initiatives to develop alternative fuels in the United States. How do these externalities affect the market outcome? Is it possible for a government's solution to a market failure to actually worsen the fail..
Is Philippine a Nation, a State or a Nation-State? Why? Kindly Explain.
The market for books is perfectly competitive and a constant cost industry. The short run industry supply curve is given by the equation P=10+Q, while the industry demand curve is given by the equation P=150-Q, where P is the market price and Q is th..
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