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Question: Thinking about famous corporate scandals like Enron and WorldCom, some analysts have suggested that these are the tip of the iceberg and that there are many other large corporations whose problems have not yet been made public. Give two reasons for taking this argument seriously, and two reasons for not taking it seriously.
A firm with a CD production function Q = 2K 0.5 L0.4 plans to produce 500 units of output per day. Assume the price of labor and capital are w = $50 and r = $100 a day- What is the firm's optimal combination of factors that minimizes its cost
Completion of import documents needed for entry into the U.S. to include the tariff classification number and impacted duty rates or fees Potential dumping issues (i.e. predatory pricing with knockoff products: when manufacturers export a product ..
Assignment: Chase Manhattan Bank Case Study- What is minimum-cost schedule for the bank? Would changing 40 percent to a higher value significantly reduce costs?
Suppose a potential entrant is considering entering, but the monopolist has a cost advantage in that the MC for the potential entrants is: MCe = ACe = 50. Assume that the monopolist continues to maximize his profits, solve for the residual demand cur..
what are the major characteristics of pure monopoly? what are the major barriers to entry that explain the existence
People who drive hybrid automobiles recycle their trash more than people who do not drive hybrids. Therefore,recycling trash causes people to drive hybrid automobiles.
Suppose average movie attendance is 250 million tickets when prices are $7 a ticket and 200 million when prices are $9 a ticket.
How does a fair-trade product differ from an otherwise identical imported good What is the purported benefit of fair-trade certification on purchases of goods such as chocolate, coffee, bananas, and tea? Do fairtrade goods improve average wages or..
If the government subsidizes tomato growers at $4 a kilogram, who gains and who loses from the subsidy? What is the deadweight loss?
Consider an electricity market with a daytime (peak-period) inverse demand of P=160-Q, and a nighttime (off-peak) inverse demand P=80-Q, where P is the price of electricity and Q is units of electricity.
develop a three- to four-page paper in which you present an overview of public budgeting. be sure toevaluate the
Use supply and demand analysis to show the effect of a (binding) price ceiling in the market for rental properties. What are the possible negative effects due to this price ceiling? What happens to the total surplus (total surplus = consumers’ surplu..
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