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MicroEconomic
Market Structures
Most European countries have nationalized their universities and colleges. Consider that some countries have also used the law to ban private colleges. Should higher education be classified as a natural monopoly in these European countries? Explain and justify your answer and use appropriate examples to support your conclusions.
Next, consider the case of several large, established pharmaceutical manufacturers such as Merck. What type of market form do you believe that such manufacturers operate under?
Justify your answers and use appropriate examples to support your conclusions. Quotations, paraphrases, and ideas you get from books or other sources of information should be cited using APA style.
Which of these methods of encouraging growth would you suggest for the typical company in Hong Kong and Singapore and explain the rationale for your choice.
The inverse market demand in a homogeneous-product Cournot duopoly is P = 100 – 2(Q1 + Q2) and costs are C1(Q1) = 12Q1 and C2(Q2) = 20Q2.
what is a sensitivity analysis? how would you use it in planning for future expansions? what role does this kind of
How do firms benefit from economies of scale? What might be some potential disadvantages of being part of a large corporation? Presume business is booming at your firm. It is contemplating adding more capital however the day supervisor suggests simpl..
A bumper crop of oranges in Florida last year drove down orange prices
A commonly used benefit-cost rule is to undertake a program if and only if its ratio of benefits to cost (both in present-value terms) is greater than 1 (B/C > 1). Does this rule make sense?
The article goes on to say that not until nearly half way through the presentation did the Microsoft spokesman mention the new games the console could play. Why in announcing a new video game console would Microsoft focus its presentation on feat..
Using the criteria of efficiency, define the ways a market may fail and explain how government regulation can offset the problems caused by market failure.
Prove that utility approach and indifference curve yield the same consumer equilibrium
jack welch is heralded as a great leader of general electric ge. his strategy to acquire companies in different lines
Two countries, Richland and Poorland, are described by the Solow growth model. They have the same production function F(K,N) = KaN1-a. Richland saves 32% of its income, Poorland saves 10%. Richland has a population growth rate of 1% per year, P..
Calculate the total income of the village in equilibrium and what kinds of rules would the need to institute?
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