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Determine what are voluntary export restraint contracts? Why do some governments force foreign exporters into them instead of just using quotas or tariffs to restrict imports by the same amounts? Is it because VERs bring the importing country a bigger national gain than quotas or tariffs?
Would the reward system vary among retailers, manufacturers, distributors, financial organizations? What other characteristics should good performance incentives have?
"A characteristic of oligopolistic market is that, once the general price level is established it tends to remain fixed for an extended period of time." Discuss the economic rationale underlying this phenomenon.
Assume long run production for the company is indicated by, Compute the firm's optimal amount of capital and labor.
Making dresses is a labor intensive process. Indeed, production function of a dressmaking company is well described through the equation Q=L-L^2/800,
Determine the official measure of the deficit
The following production function are given and solve this problem using an spreadsheet approach and then do the problem using the optimization procedure
The table below demonstrate the demand for Fidgets over an eight month period. Calculate a four-period moving average forecast for September.
Superior Metals Corporation has seen its sales volume decline over past few years as the result of rising foreign imports. In order to raise sales, the company is planning a price reduction on luranium
Market Structure and Pricing Decision Applied Problems, BUS 640 Managerial Economic,
A European consortium has spent a considerable value of time and money making a new supersonic aircraft. The aircraft gets high marks on all performance measures except noise.
Monopoly with two production plants and cost functions of C1 = 50 + 0.1 Q1^2 and C2 = 30 + 0.05 Q2^2. Compute the profit maximizing level of output
The article study for the demand, supply and the market equilibrium has been discussed. The article that has been review was published on August 2012.
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