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Q1. Illustrate the basis of tension between cooperation and self-interest in a market characterized by oligopoly. Use an instance of a definite cartel agreement to demonstrate why this tension creates insecurity in cartels.
Q2. Revisit the definition of affirmative action: "Affirmative Action maybe defined as proactive steps to erase differences between minorities and non-minorities in the labor market". Suggest a modified version of the Becker model that includes a policy intervention requiring businesses to proactively hire Black workers. Describe the changes in the model parameter(s) and resulting changes if any in the hiring decisions of the three types of firms.
Devote too few resources to the creation of knowledge. Explain how does the U.S. government correct for this apparent market failure.
Explicate your rationale. Once more, with the similar organization in mind, converse the most effective way to maintain also extend a competitive benefit.
q.a central bank finds itself in the following situation the national economy has been in a slump for several years but
How do fixed costs play a role in your analysis? What is the difference between shutting down and going out of business?
If deficit spending "crowds out" some private investment, could future generations be worse off? If external financing eliminates crowding out, are future generations thereby protected?
Illustrate what is the likely bargaining negotiation outcome if the advertisers bargain by telling each newspaper that they're going to reach agreement with the other newspaper.
Determine total cost of quality when re are no defectives. D = 0 and product quality is perfect. What are primary capabilities created by supply chain technology. How can y drive supply chain excellence.
Decision makers expect a 6% increase in the money supply; the actual increase is 3%.What is the current price level?
Explain whether or not you believe modern media is an effective check on government action.
Compare social welfare under the bribe with social welfare in the case where the police officer always abides by the law.
Why doesn’t the U.S. simply restrict all goods coming in from China? Why can’t the U.S. just minimize the amount of imports coming in from all other countries?
Illustrate what Monetary strategy Tools should the Federal Reserve use to fight a recession. Describe them thoroughly.
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