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Why is it that differentiating on location "softens" price competition for business that sell the same product for example pizza
The individual's height is somewhere in between. Is this codominance or incomplete dominance? Justify the answer.
Explain why, in the Tiebout model of local public good provision, efficiency will not be achieved if there are externalities across city borders from the public
Rex's Flower Shop advertised fresh cut roses that last longer than other roses. The mean vase life for a rose is 8 days.
Small country Alpha exports lumber products obtained by cutting Alpha's forests. Cutting the forests creates negative external effects in Alpha.
How is the effectiveness of team selling demonstrated by the Reynolds team, and what are some of the vantages to this method in this particular case?
Instead of putting price ceiling on medical service, some states (e.g. Texas) put cap on malpractice lawsuit compensation. In your opinion, does medical litigation promote the practice of defensive medicine?
A prolific artist, Pablo Picasso (1881-1973) painted 1,000 paintings during what is known as his “Blue Period”, and all thousand paintings are on display and hanging in galleries throughout the world. Draw the supply curve for Picasso’s Blue period w..
All of the following are assumptions of the theory of comparative advantage, except
The company has $6,900 interest expense, and the corporate tax rate is 35 percent. What was the company's depreciation and amortization expense?
Draw a flowchart and write pseudocode to design the logic for a program that allows a user to enter 12 numbers, and then displays the numbers.
1. A consumer has $300 to spend on goods X and Y. The market prices of these two goods are
What are the marginal benefit and marginal cost of abatement at socially efficient level of abatement? What is the net social benefit at the efficient level?
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