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Being that market size, location, and openness to trade can help explain why some markets are developing faster than others. What trade theories support the recent rise of China and India on the global stage? Explain your views in detail. Give specific examples.
Distinguish between the concept of economies of scale and economies of scope with real world example in case of mergers and acquisition.
What is meant by the term 'stagflation'? What happens if stagflation occurs within the economy in terms of consumer spending and consumer confidence?
Companies that have a culture for valuing their employees and empowering them will often attract the right resources.
Suppose that market demand can be represented as p = 100 - 2Q. There are 10 identical firms producing an undifferentiated product, each with the total cost function TC = 50 + q2. Compare the competitive outcome with the cartel outcome. What is the in..
Suppose that the researcher collected data from a random sample of 100 grad students and found out that the sample mean is 75.5
Assume the marginal savings from emissions for an industry are given by MS(e) = 30−e and that the marginal damage from emissions is given by MD(e) = e. Suppose that the tax interaction effect corresponds to a welfare loss of $10 per ton of emissions ..
"Maximizing Revenue" Operating in a monopolistically competitive market structure and faces the following weekly demand and short-run cost functions:
A ?rm’s stockholders expect an 18% rate of return, and there is $22M in common stock and retained earnings. The ?rm has $9M in loans at an average rate of 8%. The ?rm has raised $14M by selling bonds at an average rate of 4%. What is the ?rm’s cost o..
If you randomly select a bookbag for a middle school student, what is the probability it weights more than 33 pounds.
A student raises her hand in class and states, "I can legally copy any DVD I get from Netflix because Netflix purchased the DVD and the copyright only
Acme Container Corporation produces egg cartons that are sold to egg distributors. Acme has estimated this production function for its egg carton division: Acme currently pays a wage of $10 per hour and considers the relevant rental price for capital..
Discuss At least two products for each country that have provided China, Germany and the US an absolute advantage in trade.
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