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Most European countries have nationalized their universities and colleges. Consider that some countries have also used the law to ban private colleges. Should higher education be classified as a natural monopoly in these European countries? Explain and justify your answer and use appropriate examples to support your conclusions. Next, consider the case of several large, established pharmaceutical manufacturers such as Merck. What type of market form do you believe that such manufacturers operate under?
Justify your answers and use appropriate examples to support your conclusions. Quotations, paraphrases, and ideas you get from books or other sources of information should be cited using APA style. Help with citing sources can be found through the Academic Resources page under Course Home.
Describe each of the subsequent using supply and demand diagrams.
a. it is often suggested that the bank of canada try to reduce the inflation rate to zero. if we assume that
National income and product data are generally revised. What effects would the following revisions have on consumption,investment, government purchases, net exports and GDP
You will be drafting a power of attorney giving this person the right to act as your "agent" on your behalf for all matters involving the listing, sale and closing of your house. Make a list of the provisions and considerations you want to be cert..
The perfectly competitive firm exhibits resource a locative efficiency (P = MC), but the single-price monopolist does not. What is the reason for this difference? Explain very briefly with good examples.
as an eec corporate business financial analyst you must have an expert understanding of the various costing methods.
During that summer, he charged $1.69 each gallon for unleaded gas during daytime & $2.59 each gallon at night,
a firm currently uses 50000 workers to produce 200000 units of output per day. the daily wage per worker is 80 and the
A price ceiling for maple syrup caused a shortage,
What are the macroeconomic consequences of a budget deficit when the economy is operating at full employment? Be sure to discuss the effects in the short run and long run.
1. john works at a coffee shop and makes 10 per hour. he decides to leave work an hour early to go see a movie that
Explain the following terminologies in economics-Spreading the overhead. A break-even level of production. The efficiency of mass production?
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