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Consider firms in industries you are familiar with. Are firms in such industries price-takers or price-setters? How much control do they have over the prices they charge?
Suppose the market demand and supply functions are QD = 2200 - 20P and QS = 30P + 400. You have just graduated and moved to this city
Consider a simple economy described by: What would the new IS Curve look like? What would the new LM curve look like? What would the new equilibrium income Y and Interest I be?
Consider the following simple model with investment and government spending exogenous:
Homework on Ricardian Model. Suppose in the United States, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day. In the United Kingdom, one worker can produce 5 tons of steel per day or 15 tons of chemicals per day. Show t..
To what extent does Apple engage in related diversification? To what extent do they engage in unrelated diversification?
What are the tradeoffs between inflation and output in the short and long run?
Given the rise of mega-corporations such as Google, Amazon, Facebook and Glaxico-Cline-Smith, just to name a few, markets are becoming least competitive since the Guilded Age of the Robber Barons. Why might this not be economically desirable? As mark..
The company uses an after-tax MARR rate of 12% and is in the 35% tax bracket. Determine the after-tax net present worth of this asset over the 5-year service pe
Suppose that the UIP holds. Suppose a country pegs its currency. If investors start to believe the peg will collapse and the currency is going to depreciate, then as the government defends the peg, the interest rate will
In my homework, I provided examples of what an organization can do to develop a favorable view to investors.
Four college friends are looking to buy one netbook apiece due to them all losing their computers in a dorm theft after Drew forgot to lock the door. The table below contains the maximum prices each would be willing to pay, shown in the table below. ..
Draw a graph illustrating the likely changes in the shape and position of the demand curve facing the original "Ethiopian" restaurant in the above problem.
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