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Question - Why is natural monopoly theory a poor justification for government authorities to control and protect public utilities (water, sewer, cable television, electricity, phone service, etc.) by granting exclusive production rights?
Describe the market growth rate for product and service.
Discuss the contributions to the "human side of enterprise" as articulated by Elton Mayo, Chester Barnard, Abraham Maslow, and Douglas McGregor. How does this organizational theory school of thought differ from the classical and neoclassical schoo..
Explain the differences between absolute advantage and comparative advantage. Why do economists oppose policies that restrict trade among nations. What determines how the burden of a tax is divided between buyers and sellers.
Determine the steps you would need to take to officially establish your company with the business structure that you feel is most appropriate.
Edward the entrepreneur takes two hours to cut a lawn, and he cuts 1,000 lawns per year, he use solar powered equipment thw will last forever and can be sold for $20000. the interest rate is 10 perent given his current output level, compute his margi..
Draw the capital market line. What is the optimal portfolio of a mean-variance in-vestor with risk aversion A = 2? What is the mean and standard deviation of this portfolio? Show this portfolio in the .gure. What is the value of this investor’s mean-..
From the two readings, summarize how entrepreneurship impacts economic growth. Please keep in mind that the Bureau of labor Statistics information only goes to 2010 while the Kauffman research includes mush more recent data.
Assume marginal cost increases to 25 as a result of imposition of a tax. What takes place to monopoly and competitive price and output?
we constructed in class the exponential function ex with the property that dexdx ex. we also defined lnx as the
Discuss how medical, economic, or psycho-social issues might impact decision making relative to genetic testing. Include a reference from the literature to support the information provided.
Describe how the second industrial revolution of the late nineteenth century differed from the first industrial revolution of the late eighteenth and early nineteenth century with regard to two of the following:
A spacecraft is in a 200 km circular earth orbit. At t ¼ 0, it fires a projectile in the direction opposite to the spacecraft's motion. Thirty minutes after leaving the spacecraft, the projectile impacts the earth. What delta-v was imparted to the..
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