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There's an article in the 9th Edition of Microeconomics for Today by Irvin B. Tucker called "Recession Takes a Bite Out of Gator Profits". I need to understand how to draw short=run firm and industry competitive equilibriums for a perfectly competitive gator-farming industry before the number of alligator farms in Florida doubled. I am to assume the gator farm is earning zero economic profit. Then show the short-run effect of an increase in demand for alligators. In addition I a to assume that gator farming is perfectly competitive, explain the long run competitive equilibrium condition for the typical gator farmer and the industry as a whole.
There are about four major forms of Non-Equity Modes (NEM) of entry (contract manufacturing and service outsourcing, franchising, licensing and contract farming) by a multinational company into a host country. For each of these modes describe the fac..
The competing concepts under which organizations have conducted marketing activities include: the production concept, product concept, selling concept, marketing concept, and the societal marketing concept. Identify examples of companies (preferably ..
Illustrate what is the probability that this worker is a college graduate. A non-college graduate. Are educational achievement and employment states independent
Professional sports and big-league cities go hand in hand. Hosting a professional sports franchise is evidence that a city has arrived per-se – that is not simply a large city but a major league city. Moreover, acquiring or retaining professional spo..
The private marginal benefit for commodity X is given by 50-5X, where X is the number of units consumed. The private marginal cost of producing X is constant at $10. For each unit of X produced, an external benefit of $5 is imposed on members of soci..
An individual wants to accumulate $60,000 using 8 annual deposits of $6,000 for 8 years. What is the interest rate require on at the end of year 8. Using the information provided on the graph solve for i' using linear interpolation. Show all work ple..
Recently, the owner of a Trader Joe’s franchise decided to change how she compensated her top manager. Last year, she paid him a fixed salary of $75,000 and her store made $130,000 in profits (not counting payment to her top manager). She suspected t..
Was innovation accelerated or suppressed by the government monopoly granted to Fulton? Why? How did innovation change after the monopoly was broken?
There are 2 main ways to interface with the database: using stored procedures or passing in the raw queries directly. If the class scheduler needed a screen to search for students, how might each approach be used?
One of the key features of the global economy is that wages of skilled workers have risen relative to unskilled workers in both industrialised and developing economies.
Ginny is an agent of Vroom! Motors, and is designated to sell and deliver antique cars. She spends her own money to call clients, visit them and finalize the deals. There is no express agreement between Ginny and Vroom! Discuss the situation.
“The high price of gasoline is hurting our economy” said Mark Kirsch, a trucker in April of 2008 when Gasoline prices were at all-time highs due to $100/bbl. + oil prices. “Its hurting middle class people.” Explain to truck drivers why a government i..
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