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Q. Why have generic drug companies been so successful? Explain what political conditions also economic conditions would cause a generic drug maker to go out of business?
Illustrate what is the difference among the short run as well as the long run for a perfectly competitive firm in terms of costs and profits? Explain why a perfectly competitive firm may continue to operate in the short-run even with a loss of profits.
If the foreign country enters the market first, determine the equilibrium price and quantity. Will both countries produce. Show both average cost curves and the equilibrium.
What is the equilibrium cost as well as equilibrium supply.
Assume that you own a 10-acre plot of land that you would like to rent out to wheat farmers.
What constant yearly rate of inflation would lead to the price rise observed over those two years.
Economists argue that the move from barter to money increased trade and production. How is this possible.
What is the difference between the index number for the year you were born and the Consumer Price Index for January of 2012.
Competition in the market is such that each of the firms independently produces a quantity of output.
What three factors determine whether two economies with separate fiscal and monetary authorities should form a currency union.
A major Statistics Canada household survey, the Survey of Labour and Income Dynamics or SLID, the latest of which is referred to as SLID 2009.
If the Federal Reserve adopts a restrictive monetary policy that leads to relatively high interest ratesin United States, what happens to the demand and supply of foreign currency and the dollar's exchange value.
How should labour be allocated between x and y to satisfy the demands calculated in part.
If you were a manager in a tobacco company, analyze the elasticity of demand for tobacco products. Evaluate the factors involved in making decisions about pricing tobacco.
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