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Question: Read the WSJ article on the attempted monopolization of the plastic clothes hanger market in this week's notes. Why does monopolization have the potential to increase prices and profitability significantly in the short run? Do you think this market will remain a monopoly in the long run? Discuss your answer.
Movies are distributed in a variety of forms, not just first run theatrical presentations. What other ways are movies distributed? What are the different price points?
What is your conclusion? Is price gouging a good thing or not? Or is it just necessary? Explain why. Include a word count on each post. All of your posts should sum to a minimum of 500 words.
Further consider a tax of 5 per unit of output and a new supply function: The new consumer price after the imposition of tax is
consider a group of college students who all receive a 1000 money endowment from their parents at the start of both the
The real money demand curve shows how households and businesses change their spending in response to changes in the interest rate.
Your firm's research department has estimated your total revenues to be??28000,3QQQR??and your total costs to be ??22100QQC??.
What do you believe are the main reasons for high incarceration rates? Why does the United States have a much higher incarceration rate than all other nations as a whole? Properly cite any source material used in support of your views.
Describe what happens to the economy when interest rates are lowered and the economy is at near-full employment using (The Aggregate Demand-Aggregate Supply Model) The end of your discussion should state the final effects
Following are some compounding and discounting problems: At 12 percent simple interest, what does $230 grow to in two years?
Define the three basic approaches to ethical behavior. Discuss your views on each of these ethical behaviors. Describe Friedman's view on the responsibilities of business.
assume that the low-calorie microwavable food company from assignments 1 and 2 wants to expand and has to make some
A firm with market power produces widgets at marginal cost of $10 per unit and zero fixed costs. It faces demand function given by P = 50 - Q. Find out the marginal revenue for the firm?
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