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Question: Identify an example of an organisation that provides a product or service within a market that could be classified as a 'Competitive Market' (according to the definition in the course notes). What are the predictions of the profitability of that product or service over the short and long-run according to the economic theory covered in the course notes? Does the actual profitability of this organisation seem to reflect the theory? Why or why not?
Which diagram should use to explain third degree price discrimination relating to sub-prime borrower discrimination?
ECON 9633 Harvard University perfectly competitive labor supply and demand model, show the theoretical effect of how a binding minimum wage affects employment
Your grandmother likes old-fashioned yard sales and doesn't understand why everyone is so excited about eBay. Explain to her why the creation of a market.
Where will you see more price discrimination: in monopoly-type markets with just a few firms or in competitive markets with many firms? Why?
write a 1050- to 1400- word paper where you explain the following in the context of the simulation. one note these word
Sally is planning opening her own new beauty salon. She anticipates the following expenses per year, Furniture: $20,000 Additionally, Sally is withdrawing $34,000
Discussion 1: "Corporate Governance" Next, suggest one method for determining a reasonable compensation rate for the CEO of a company.
Government purchases: Suppose Congress and the president decide to increase government purchases today, say for national defense.
How is strategic behavior illustrated by the competition among three sellers of native arts and crafts near a national park?
Quantity Theory of Money: According to the Monetarists and Rational Expectations, explain what happens, step by step, when the Federal Reserve sells US treasury
A firm produces a product in a competitive industry and has a total cost function (TC) of TC(q)=90+8q+2q2 and a marginal cost function (MC) of MC(q)=8+4q.
How do practices such as internal promotion and assignment of broad job duties help UPS achieve its competitive business strategy? Why are training and experience so important at UPS?
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