The market demand curve-market supply curve

Assignment Help Business Economics

Reference no: EM131102589

1. Suppose a competitive industry in in long-run equilibrium; then the price of a substitute good (in consumption) decreases. What happens in the short run?

a. The market demand curve?

b. The market supply curve?

c. Market price?

d. Market output?

e. The firm’s output?

f. The firm’s profit?

g. In the short run?

2. Anti-trust authorities at the Federal Trade Commission are reviewing your company’s recent merger with a rival firm. The FTC is concerned that the merger of two rival firms in the same market will increase market power. A hearing is scheduled for your company to present arguments that your firm has not increased its market power through this merger. Can you do this? How? What evidence might you bring to the hearing?

Reference no: EM131102589

Questions Cloud

About the process of conducting research : Now respond to two classmates and share with them how your experience was similar or different from theirs. Is there anything that you would add to expand the conversation?

How is international trade regulated : How is international trade regulated? Log on to www.wto.org and click the "Trade Topics" tab to learn about the scope of trade agreements and trade controversies. What is involved in "trade agreements"?

Find surprising-particularly challenging or interesting : What, if anything, did you find surprising, particularly challenging, or interesting? From what you know about this course so far, what connections can you make to previous learing experiences, and how do you think this course will help you as you mo..

Find the fading margin required for the following cases : Fading margin can be defined as the incremental Eb/N0, in decibels, required to provide a certain desired error probability in a fading channel as could be achieved with the same modulation technique in a nonfading channel. Assume that a bit-error..

The market demand curve-market supply curve : Suppose a competitive industry in in long-run equilibrium; then the price of a substitute good (in consumption) decreases. What happens in the short run? The market demand curve? The market supply curve? Market price?

Question regarding the multidimensional model : You are working on a DW/BI project for a clothing retailer. They want to better understand the details surrounding what's selling in each store.

Calculate garnet inc.''s free cash flow for 2005 : Use the following income statements and balance sheets to calculate Garnet Inc.'s free cash flow for 2005.

Degree to which the automobile market is contestable : What sunk cost does Ford encounter when bringing out a new car like Hybrid Fusion? How are the sunk costs of introduction a new model relevant to the degree to which the automobile market is contestable?

The differences between america and saudi arabia : Every country has distinguished from other countries. The two big countries are America and Saudi Arabia. The have many differences and similar. The have between 50 cities in this countries.

User Account

All Pages