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In an efficient market, when should the stock price react to the value consequences of a dividend change? Discuss the effect both on the total return and on the capital gain. Which should be larger?
What is the equilibrium price for lawn mowers? What is the equilibrium quantity of lawn mowers? What is the value of the maximum gains from trade? What is the value of consumer surplus if a price ceiling of $40 is put in place?
A competitive firm has the following short-run cost function: c(y) = y3 - 8y2 + 30y + 5. What is the firm’s marginal cost function? What is the firm’s average cost function? Marginal cost equals average variable cost when output is ----.
Suppose the current equilibrium price for American cheese is $1.00 per pound. Suppose the French suddenly develop a preference for American cheese. Explain the impacts of this unlikely development on all the relevant markets.
An industry comprising a small number of firms, each of which considers the potential reactions of its rivals in making price-output decisions, is called
PCT funding cuts to hit GP smoking cessation services.
Suppose that the new administration hires you to research two alternatives for hourly pay.
A small business in your community has hired you to manage selling its product globally. Discuss the following: Identify the small business and the type of product that will be introduced internationally. Choose a country you will first introduce the..
Give two examples of actions taken by a company, government, or organization whose effect is to prevent specific markets from reaching equilibrium. What evidence of excess supply or excess demand can you cite in these examples?
Why are standards important for competition in the European market? Discuss examples (like telecommunication)! New members want to join the EU: Please name economic arguments to discuss if a further enlargement makes sense.
Explain why a change in a firm's total fixed cost of production will shift its average total cost curve, but not its marginal cost curve.
The substitution affect isolates the change in the consumption of a good caused by: The slope of the budget line represents. Given that income is $300, the price of good Y is $15, and the price of good X is $20. What is the vertical intercept of the ..
Classify the following Wall Street Journal articles as involving macroeconomic or microeconomic issues based on their titles:
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