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What market structure does the sale of cellphones in the USA represent? Why? How has it changed since the monopoly of Ma Bell? Provide examples.
Why do oligopolists advertise more than "more competitive" firms? Provide examples
Imagine that last year, Jennifer earned $80,000 in salary, and consumed $50,000 in goods and $23,000 in services. How could we best categorize the remaining $7,000.
Cindy gains utility from consumption C and leisure L. The most leisure she can consume in any given week is 110 hours. Her utility function is U(C,L)=C*L. This functional form implies that Cindy's marginal rate of substitution is C/L. Cindy receives ..
The production function for Hamburger Heaven (HH) is q=10KL. Given that the marignal product of labor, MPL = 10K, marginal product of capital, MPK = 10L, and marginal rate of technical substitution (MRTS = MPL MPK ). How much labor HH should employ t..
Consider a firm that uses two inputs: skilled workers and computers. Explain what it means if skilled workers and computers are complements in production. Specifically, if the price of computers falls, and skilled workers and computers are complement..
q1. mention three businesses that you are familiar with or that you have dealt with recently. choose on which market
which in this case is lagged second difference. Note that it remains below zero after stock market crash of 1987. You can also do same thing for or variables. Are they fairly consistently away from zero. If so, can you design a rule to make money.
What individual product decisions and product line decisions has MCC made for Smart Car. Why did it make these decisions. What marketing recommendations would you make to MCC.
Assume the U.S. government implements a policy that achieves the savings rate needed to achieve the golden rule level of capital.
Illustrate what salary would be required for the soldiers to be as well off as with the allowance.
You decide to buy 1,600 shares of stock at a price of $64 and an initial margin of 50 percent. What is the maximum percentage decline in the stock before you will receive a margin call if the maintenance margin is 35 percent?
Elucidate how they will help to improve the GDP as a tool for measuring the well-being of a nation.
Describe a situation that would call for applying one or more of any (dynamic economic model/legit model/random walk model/spurious regression/co integrated time series/tests of stationary). Explain your rationale for applying the model you chose.
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