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Question: Automobile manufacturing is an industry subject to significant economies of scale. Suppose there are four domestic auto manufacturers, but the demand for domestic autos is no more than 2.5 times the quantity produced at the bottom of the long-run average cost curve. What do you expect will happen to the domestic auto industry in the long run?
1. in the article below michigan is offering financial incentives to improve health. using economic models demonstrate
14. Mesa Co. has an $80,000 line of credit with a 12 percent interest rate and a 10 percent compensating balance requirement that is based on the total amount borrowed. What is the effective annual interest rate if the firm needs $45,000 for one year..
Identify a global organization with a multinational presence. Identify and research a cultural issue that affects this organization's interactions outside the United States. Describe the issue and provide an overview of how became an issue in the org..
Write a 1-page summary of the development and influence of farm and corporate food lobbies on governmental nutritional recommendations.
An oligopoly contains N identical firms. The cost function is convex in output. Show that if the firms act as Cournot competitors then as N increases the market price will approach the competitive price.
Consider a father who is trying to discipline his child. The father insists that the child must go with the rest of the family to visit their grandmother. The child prefers to go to the movies with a friend. The father threatens to punish the child i..
Assume you're in charge of the toll bridge that essentially cost free. The demand for bridge crossings Q is given by P = 60 - 2Q. Draw a demand curve for bridge crossings
Draw a production isoquant. Put D on the vertical axis. Put N on the horizontal axis - Draw an isocost fine. Put D on the vertical axis. Put N on the horizontal axis. Find the slope of that line (dD/dN).
1 suppose the market for grass seed can be expressed asdemand qd 100 - 2psupply qs 3pif government imposes a 5
Many economic commentators apply the result in chapter 5 on taxes for substitute goods to taxes on capital income. What is the baseline result? What does it imply for future capital income taxation?
Identify the three key facts about short-run economic fluctuations and how the economy in the short run differs from the economy in the long run.
the next three questions refer to the graph below.nbsp assume that the premigration labor force in country a is a and
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