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Total industry sales are $105 million. The top four firms account for sales of $10 million, $9 million, 8 million, and 5 million, respectively. What is four-firm concentration ratio?
If I open a new restaurant that specializes in soup (its a soup and salad bar) in a city with no restaurants that have soup and salad bars
The Solow Growth Model. In 2010, Japan was a large open economy with perfect capital mobility that was at its steady state.
In a certain country, demand for goods and services is outstripping supply. Inflation is running at 10%, well above the target level of 2%. How would you use monetary policy to lower the inflation rate? How would you use fiscal policy to lower the in..
Your group of rural cabin owners is considering a small renewable energy project that would average 100 kW of output year-round, with an expected lifetime of 20 years. The project has a capital cost of $280,000, and a salvage value of $30,000. The co..
The demand for a monopoly is P = 60 - 0.3QD. Where P = Price and QD = Quantity Demand.
A) Solve Tom's constrained optimization problem (i.e. what is his optimal bundle?). B) What is his level of utility at the optimal bundle?
What advantages are offered by Linux servers versus Windows servers? Do a little research and discuss the types of Linux servers found in networks. What do you consider the most important role of Linux servers in a network?
Consider an economy with the production function Y = L(1 / 3) a) Derive the Labor demand Curve
He projects that his costs also revenue will be similar this year if he continues farming. Illustrate what is Bowen's accounting profit from farming an additional year.
Explain how would a low-cost price leader enforce its leadership through implied threats to a rival. Provide at least one example of such a strategy.
Why is it important to cite your sources in written works? What are the benefits of following a formal citation style like APA?
Describe the Schumpeterian notion of "creative destruction"
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