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You want to start a company, and are trying to decide between two different industries. You are doing your final research before you write your business plan.
Industry A has 20 firms and a Concentration Ratio (CR) of 30%
What is the name for this type of industry?
Nintendo and Sony Playstation are each considering to introduce one new game into the market. Each is planning three different kinds of games: an urban action game like Grand Theft Auto,
Explain why a monopolist will never set a price (and produce the corresponding output) at which the demand is price-inelastic.
Show analytically and show graphically that, in Keynesian consumption function, the average propensity of consumption is always bigger that marginal propensity
If the marginal product of capital net of depreciation equals 8 percent, the rate of growth of population equals 2 percent, and the rate of labour-augmenting technological progress equals 2 percent
The company's computer system uses fluid structure interaction modeling to test and analyze each airbag design concept. What is the present worth of the concept at 16% per year, compounded quarterly, if the quarterly cost in years 1 through 5 is $..
A new machine used for filling cans of liquid hairspray can be set for any average fill. If the amount of fill is distributed with a variance of 0.0025 oz.^2, what setting will cause 93% of the cans to contain 12 oz. or less of liquid
During a recession the government causally raise government spending
Assume that the price elasticity of demand for good. Describe how much consumption changes.
If the cost advantage of interest rate swaps would likely be arbitraged away in competitive markets, what other explanations exist to explain the rapid development of the interest rate swap market?
Illustrate the impact do natural resources have on economic growth. Will it be possible for a country with few natural resources to grow rapidly.
In a multibank system, an individual bank makes loans only up to the level of its excess reserves, while the whole commercial banking system can lend out money that is a multiple of the original bank's excess reserves. Why is there this difference..
If domestic price of oranges is $3.00 per pound and the world price is $2.50 per poundf and if the nation allows unrestricted trade, what will be the result to consumer and producer surplus?
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