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Perfect Competition is the one industry structure that achieves allocative efficiency. Describe what allocative efficiency means and state why it is an important standard.
Consider demand elasticity and market structure in your response. How is increasing of price going to impact the company's revenues given its demand elasticity?
Suppose that banks have decided they need to keep a reserve ratio of 10%-this guarantees that they'll have enough cash in ATM machines to keep depositors happy.
Calculate Alex's income elasticity of demand for bagels and what is the pasta sauce makers' estimate of the cross elasticity of demand for pasta sauce with respect to the price of pasta?
Consider a long-term debt you currently own (e.g., a mortgage or student loan) and discuss how you would take present value into account when deciding whether you should retire that debt ahead of schedule. Explain your rationale.
Choose a product or service you currently consume/use, such as apparel or educational services, that is included in the CPI's "market basket." Find the annual.
What are the differences among horizontal, vertical, and conglomerate mergers? What does the U.S. government hope to achieve through the use of its antitrust policy?
assume that total output is determined by the formula number of workers times productivity total output output per
Compare and contrast how the marketing and economic approaches deal with this problem. 2 pages,Due 6pm EST. on August 09 2012.
A Bridge Too Far Gone Gas taxes have paid for most of the American highway system. Now motorists pay about one-third as much in the gas taxes to drive a mile.
Sustained increases in the money supply lead to inflation
Three months ago you purchased, at par, a $100,000 bond with a stated interest rate of 5%. Today, the Federal Reserve announced that it is reducing the discount rate by 0.5%.
Write about some of the deleterious effects of modern corporations such as pollution, worker degradation, income inequality, etc.
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