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What is "monopolistic" about monopolistic competition? What is "competitive" about a monopolistically competitive market? Please explain.
1.what is mas most important industry in 2012? why? how are you measuring it?2.give some examples of how tourism
Top four firms in Industry B have market shares of top four firms in Industry B have market shares of 15,12,8 and 4 percent, respectively. Calculate four-firm c0ncentration ratios for two industries. Which industry is more concentrated.
Draw the budget line on the Edgeworth box through the endowment point. What is the equilibrium allocation?
What is the difference between GDP and National income? How do both (GDP & National income) relate to economic growth? Explain.
Why does government support patent process and why does government not encourages monopoly behaviour.
Assume that health production is subject to diminishing returns and that each unit of health care employed entails a constant rate of iatrogenic (medically caused) disease. Would product of health function eventually bend downward
q.social regulation is undertaken with the intention of improving the quality of life. the agencies most people are
Describe the equilibrium price and quantity, producer surplus and consumer surplus.
how much of the differences in output per worker between Spain and India can be explained by differences in total factor productivity and how much can be explained by differences in capital per worker.
Using the same product example above, analyzing how the risk tolerance factors play in supplying the good or service and how this should influence management's decisions.
What can you conclude about the firm's use of its resources versus other options (or alternate uses)?
Assume that velocity of money is 5, nominal GDP is $1,350,000 and cost level is 3. Estimate all possible unknowns in XYZ's economy, if its federal reserve buys $9,000.00 in government bonds.
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