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Name a product that you regularly purchase from a firm that operates in an oligopolistic industry. Explain why the product and firm fit the model of oligopoly. Think about the TV commercials and/or print advertisements that you've seen from this industry: What interdependence have you noticed between the firm you selected and its rivals in terms of product differentiation, price leadership, or price competition? Explain your answer.
You have purchased a $1000 municipal bond for $900. This bond has 10 years remaining until maturity and pays you a dividend of $50 per year. Explain how you would calculate the rate of return for this bond.
A firm in the early stages of the industry life cycle will likely have _________ .
What is the rate of return on an investment, if you pay 750 dollars for a bond 2 years after it is issued. And the bond pays you 65 dollars in the end of the year, for 8 years and 1000 dollars in the end of the eighth year.
Who profit by this law. Under Illustrate what circumstances would restaurant voluntarily provide free transportation. Use a supply and demand graph to justify your answer.
The Money Supply = 425 and Money Demand = 400 - 500r + .75Y where r = interest and Y = income. Equilibrium interest rate is found by setting MS = MD (see power point notes, Example Money). The current income (GDP) level is $3,600. What will the inter..
Pumpkin growing is a perfectly competitive industry. - What happens as time passes?- What is the long-run equilibrium outcome?
A consumer has preferences for apples (A) and Oranges (Or) given by the utility function U(A,Or) = log(A) / 2 + log(Or) where log() is the natural logarithm function. The Marginal Utility for A is 1/2A and the marginal utility for Or is 1/Or. What i..
How does the government decide on the amount of pollution to allow? What are the potential costs and benefits associated with the regulation of pollution? What are the potential problems associated with employing outright regulation to deal with poll..
Organizational behavior-A strong social and physical work context means that environment is supportive. Give real examples of how this works.
The required reserve ratio is 10 percent, a bank has checkable deposits of $200 million and excess reserves of $100 million. Assuming the bank is meeting its reserve requirement, what amount is the bank holding in reserves?
Both Thorstein Veblen on the one hand and Daniel Kahneman and Amos Tversky on the other challenged standard neoclassical notions of rationality. Explain the similarities and differences between institutional economics(Veblen) and Behavioral Economics..
In one paragraph, describe a fixed exchange rate regime and how it functions (you may use graphs for illustrations). Please list two nations (Name, Location, Capital, Currency, Central Bank, most significant sector of the economy) that have used or a..
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