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What is rent seeking behavior? How does it explain why government has grown in recent years and how it explain why it is difficult to change tax or spending policies in the United States?
If oligopolists compete hard against each other.
Products become obsolete and are replaced by new goods, such as the typewriter. Draw supply and demand graphs and describe what results when this occurs.
choose a product or a product line that comes from a small to medium sized company that may or may not already be
Describe the Product, Price, Place, and Promotion of Porsche. Explain the current situation of the organization in the market (industry, market, and general environment analysis). Describe your recommended organizational structure.
Explain why do you think maximising sustainable yield is often suggested as the appropriate goal of fishery.
A computer in surface of road picks up a signal from your car and automatically charges you for use of road. Explain how could this technological change contribute to ending bottlenecks and rush hour congestion.
Compute the price and quantity of equilibrium in each country when both country A and country B are closed economies.
The overarching reason of a measurement system should be to help a team, rather than senior managers, gauge its progress.
q1. if the aggregate-demand curve is given by the equation p400-2xy and long run aggregate supply100 the long run
Elucidate how each of the following would affect the demand schedule you derived.
The demand for 1,000 units of a part to be used at a uniform rate throughout the year may be met by manufacturing. The part can be produced at the rate of 3 per hour in a department that works 1,880 hours per year.
Compute the gross price paid by consumers after a per-ticket tax of $4. Calculate the after-tax price received by ticket sellers.
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