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1. What are the optimal penal codes if there are two firms, competition is Bertrand, marginal costs are equal, and capacity is unlimited?
2. Explain why a firm might prefer a meet-or-release MCC to a no-release MCC.
3. Why might it be sensible not to have an effects test in determining whether an agreement between firms should be illegal? How does the presence of an effects test, as in Canada, affect the evidence requirements for a price-fixing conviction?
An energy management system that can save $7,500 per year for four (4) years, expenses are $2,000 per year, can be installed at a cost of $20,000. At the end of four (4) it is expected to be sold for $1,250. Using the end of year convention, the rate..
A presidential candidate has decided to enter primaries in those states in which at least 20% of voters support her. Random samples of 200 voters were taken in each of a number of states. In New Hampshire, 33 voters supported the candidate. Test at a..
An independent trucker purchases a fancy new over-the-road rig for $220,000. The expected lifetime is 12 years, and the salvage value estimated at that time is $85,000. Operating and Maintenance costs are estimated at $75,000 per year, and his annual..
What do you need to do to handle crisis. SLook at mistaken assumptions described. Why do such assumptions arise, and what can be done to overcome se biases.
Suppose you work in a financial institution, how you would advise your clients.
Less-developed countries have a greater incentive to adopt sound institutions and policies as transportation and communication costs decrease. Political decentralization makes it easier for governments to levy taxes and spend revenues on things that ..
William owns just one ship. Ship is worth 200 million dollars. The probability the sink will ship is .02. His total wealth including the value of the ship is 225 million. U(W) is equal to the squre root of W. What is the maximum amount that william w..
What is the cost of producing an additional washing machine when 50 cars are being produced? When 150 cars are being produced?
Elucidate how industry consolidation has impacted the company and make projections about the long-term prospects for the company.
Part A The allocation of promotional dollars between ‘pull’ (consumer promotions + media advertising) and ‘push’ varies drastically for many advertisers across countries. What are the factors behind these variations?
In your opinion, does the Houston Medical Center, in which many hospitals gather, represent an example of perfect competition.
A huge increase in resource costs causes the price to rise to $9 also Block's only manages to sell 460 bottles of perfume.
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