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Suppose that the most popular car dealer in your area sells 20 percent of all vehicles.
Instructions: Enter your answers as whole numbers.
a. If all other car dealers sell either the same number of vehicles or fewer, what is the largest value that the Herfindahl index could possibly take for car dealers in your area? .
b. In that same situation, what would the four-firm concentration ratio be? percent.
GDP does not count productive services, such as child care, food preparation, cleaning, and laundry, provided within the household. Why are these things excluded? Is GDP a sexist measure? Does it understate the productive contributions of women relat..
Defend the Process of developing a mission statement. Why do you feel that this process is necessary and complementary to strategic management? Support you answer with at least two examples.
What is the probability that more than 200 cars will require service work in a particular month? B. What is the probability that fewer than 175 cars will need service work in a given month?
use the principles of supply and demand to address a predetermined goal set by the student in the gasoline market. be
The inverse demand curve for widgets is P = 130−2Q. There are two firms, A and B, who produce wid-gets. Each firm has a constant marginal and average cost of producing the good that equals 10. What is the Cournot-Nash equilibrium? You need to solve t..
q1. assume australias unemployment rate began to rise and the government passed an investment tax credit to help
Assuming fuel is one of the main inputs for many sectors. When a war breaks out in Country X, which is the main producer for fuel in the world, it causes fuel supply disruptions in the world.
A mandatory health insurance plan costs $4,000. One worker earns $24,500 in employment income and $500 in investment income. Another worker earns $48,000 in employment income and $2,000 in investment income. Which of the payment systems in Exercise 1..
How has the recent increase in the price of a barrel of oil affected the prices of bicycles, cars and airplane fares?
The U.S. economy fell into a recession in 2001 and then proceeded into a slow-growth recovery due to a decline in investment. A. Explain how a change in investment can have a big impact on GDP causing a national recession.
Assuming that budget stays same except for interest on debt for 10 years, what will be accumulated debt? What will size of budget be after 10 years.
What is the relationship between business operations and CSR at BP - Does the organization consider CSR as obligatory or do they seek opportunities for CSR? In other words, is the organization reactive or proactive?
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