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Semi-Salt Industries began its operation in 1975 and remains the only firm in the world that produces and sells commercial-grade polyglutamate. While virtually anyone with a degree in college chemistry could replicate the firm's formula, due to the relatively high cost, Semi-Salt has decided not to apply for a patent. Despite the absence of patent protection, Semi-Salt has averaged accounting profits of 5.5 percent on investments since it began producing polyglutamate-a rate comparable to the average rate of interest that large banks paid on deposits over this period. Do you think Semi-Salt is earning monopoly profits, why?
Carefully explain how these two deficits are related economically so that changes in one are reflected in changes in the other.
The narrator is consumed by the idea that human begings do not actually have free will. How is his free curtailed on the nadir, and how does he fight back.
many supply shipments to retailers are interrupted during a natural disaster. Assuming that the law is strictly enforced, illustrate what are the economic effects of the price gouging statue.
If the two firms could collude and agree on Explain how to split the total profits, Illustrate what outcome would they pick.
She understands that the market interest rate for similar investment is 9 percent. Suppose annual coupon payments. What is the present price of this bond.
Suppose we randomly poll 500 Americans and ask them whether they believe that the parents are involved. What is the distribution of the sample mean.
Discuss the Social Security System, current status and future outlook. Be thorough and focus on the economic considerations. Cite at least 6 sources.
according to the midpoint formula, the value of price elasticity of demand for Pepsi-Cola.
Show how the answer depends on the shape as well as location of the supply as well as demand curves.
Evan gets twice as much marginal utility from an additional bottle of water than from an additional bottle of soda.
China has continued to lag well behind the rest of the world in information technologies
The vertical long run AS curve compatible with classical economics implies that AD only determines the price level
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