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Q. 1. Does easy access to distribution channels at Best Buy, Office Depot, as well as the direct- to- consumers on the Internet, as well as small minimum efficient scale in assembly operations indicate high or low entry threat in the PC business? Why?
2. Do suppliers appropriate little or most of the value in the PC value chain? Why?
3. What factors determine the intensity of rivalry in an industry? Is the intensity of rivalry in the PC industry high or low? Why?
You are an economic consultant for Farmer Perk, who produces raw cotton and sells it in a perfectly competitive market. Illustrate what is Farmer Perk's profit-maximizing level of output.
The European Engine Company (EEC) is a multi-national manufacturer of small gasoline and diesel motors.
Why is the burden of a tax to taxpayers greater than the revenue recieved by the government. Why do some economists advocate taxing consumption rather than income.
Use Appendix A at the back of the text to show the compound annual rate of growth in earnings (n=4).
Past history says that tomorrow's demand for lettuce averages 250 boxes with a standard deviation of 34 boxes. Explain how many boxes of lettuce should the supermarket purchase tomorrow.
Calculate the cost elasticity of demand as well as for paint as well as show your calculations.
use the shifts of appropriate curves to show why the combination of rising incomes plus price ceilings produced shortages and lines. Finally, show what happened when price controls were removed.
q.sara is a dot.com entrepreneur who has established a web site at which people can design and buy a sweatshirt. sara
Describe the roles of government bodies which conclude the national fiscal policy
From the scenario, suggest substantive ways in which Herb and Renee may use the information in the table in order to ascertain the profit maximizing level of output and price. Provide a rationale for your decision.
Suppose that there is an increase in the demand for personal computer systems. Explain the likely effects on marginal revenue product, marginal factor cost, and the number of workers hired by the firm.
Illustrate what is micelles opportunity cost of producing potatoes and or chickens if she were to produce 200 pounds of potatoes per year and 50 chickens per year.
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