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What are the 4 basic microeconomic market structures. Also what is the difference between them?
Apple has in recent years unveiled a new version of its iPhone each year. Is this an efficient use of company resources a new model with limited noticeable
A monopolist can produce at constant average and marginal costs of AC = MC = 5. The firm faces a market demand curve given by Q = 53 —P. The monopolist's marginal revenue curve is given by MR = 53 - 2Q. Calculate the profit-maximizing price-quantity ..
You are buying a bond at a quoted price of $892. The bond has a 7.5 percent coupon and pays interest semi annually on February 1 and August 1. What is the dirty price of this bond if today is April 1. Assume a 360-day year.
Berkshire Hathaway Inc. has almost a "personality cult" organizational culture which essentially revolves around one man and his investing prowess.
Japanese GDP in 2010 was 480 trillion yen (U.S. GDP, again, was $14.5 trillion). The exchange rate in 2010 was 87.8 yen per dollar. Contrary to China and India, however, Japan had higher prices than the United States: the price level in Japan (conver..
A firm is facing a downward-sloping demand curve: q = 96 - 2P. Write the inverse demand function, i.e. write P as a function of q. Derive the total revenue as a function of q. Derive the marginal revenue as a function of q.
Suppose there are n identical firms each having a supply function p = aq^2. What is the market supply function? Show your work
Consider an example of human technology interface in healthcare from clinical technology to administrative or electronic data.
Marketing departments operate across multiple channels. From social media, to email marketing, to lead generation.
Select an asset of your choice. For example you may select an appliance in your home, office, or in another place that have been in use for many years and you are thinking is time to replace it by a new one. After selecting the defender equipment and..
What do economists believe about the bias in the CPI as a measure of the cost of living?
How do you balance the short-run tradeoff between inflation rate and unemployment rate?
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