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Q1 What are the conditions for a perfectly competitive market? What are the conditions for a monopolistic market? What are the conditions for a monopolistic competitive market? What are the conditions for an oligopolistic market? How would you explain the differences among these market structures? Identify which market structure your organization competes in and why you think so.
Q2 What conditions exist when economic profits are maximized? What is the difference between economic and accounting profits? How could you graphically illustrate economic profits made by a perfectly competitive firm; monopolist; and firm competing in a monopolistic competitive market?
Q3 What are some real-life examples of monopolistically competitive, oligopoly, and monopoly markets? How do market prices differ between perfectly and imperfectly competitive markets? Will a monopoly always produce at a profit-maximizing level of output? Explain your answer.
choose two 2 public corporations in an industry with which you are familiar - one 1 that has acquired another company
Did JAL's forward contracts constitute an economic hedge? That is, is it likely that JAL's losses on its forward contracts were offset by currency gains on its operations?
China's current financial account.
A business experiences a sudden increase in its fixed costs and same cost CURVES?
suppose there are two types of people who need health insurance high-risk and low-risk consumers. high-risk consumers
Pop Dillard keeps hundreds of dollars in his mattress, saying he's distrusted banks ever since the Great Depression. Does the money he holds in his mattress provide a service to him
suppose that the economy is initially at equilibrium in which total planned real expenditures equals real gdp. which of
Given the same minimum wage and training program
Recognize three well-founded reasons supporting the potentially beneficial role for government intervention in the workings of private marketplace.
if demand is represented by qd 50 -.5p .005i where i is income and i50000 and supply is represented by qs 100 .4p -
How many cigars and brandy does he consume per night? (Money is no object!) What if J.P.'s doctor tells him that he should limit his consumption of (the sum of) cigars and brandy to 5 per night. If he follows this advice, how many glasses of brandy a..
What are price floors and price ceilings? How could a business maintain its level of profitability if forced to accept price ceilings? Use a business in your response. For example, a coffee shop could ... Please do not use a coffee shop in your examp..
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