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1. Why do we need microeconomics?
2. What makes Perfect competitive firm efficient market?
3. Explain the elasticity of demand and taxes.
4. Explain increase demand and increase in quantity demanded.
5. What makes pure monopoly an inefficient market
6. Sole proprietorship and the market
7. Corporation and the market
8. Oligopoly and the market
9. What makes a Monopolistic competition different from pure competitive firm
10. How can you make an economic profit in business?
Clearly identify the areas representing consumer and producer surpluses?
Sports Authority and Modell's Sporting are engaging into the following one-shot game: if Sports Authority advertises and Modell's Sporting Goods does not, Sports Authority will make $20 million in profits and Modell's Sporting Goods will make ..
A new tennis court complex is planned. Both alternatives will last 18 years, and the interest rate is 7%. Use present worth analysis to determine which should be selected.
Summarize the historical beginnings of the juvenile justice system. How have U.S. Supreme Court decisions been especially influential in the juvenile courts?
What are the effects on the British balance of payments of the following set of transactions? U.K. Videos imports £24 million of movies from the U.S. firm Twenty-First Century Wolf (TFCW).
in order to reduce farm output raise farm prices and thus raise farm incomes revenues the government pays farmers to
Research and analyze the effects of the following government policies on the market equilibrium. *Increases in the Minimum Wage *Restrictions on International Trade *Pollution Controls *Natural Monopolies and Antitrust Regulation
Interferences such as rent controls and farm value supports reduce efficiency of markets. In terms of the balance of Qd and Qs, explain why do they do this?
What is the cost of producing additional car when 50 cars are being produced? What is the cost of producing additional care when 150 cars are being produced?
What are the public policies aimed at combating organized crime to eliminate business opportunities for the organized firms. What are some examples of the implementation of this policy? Has it been successful
Draw the supply of agricultural land. If a tax is imposed on all agricultural products, who would bear the burden of the tax, the owners of agricultural land or the producers renting that land? (producers of agricultural products are in this case ..
Explain how might I have reallocated my spending so as to maximize my total satisfaction from pizza and coffee.
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