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Critically examine, using the game theory matrix diagram and relevant assumptions, why is there a lack of price competition between the main banks in Australia. In your answer evaluate both the collusive and non collusive scenario. What are the alternatives available to banks to maintain or increase their market share?
the charlotte bobcat's a professional basketball team has been offered the opportunity to purchase the contract of an aging superstar basketball player from another team.The general manager of the bobcats wants to analyze the offer as a capital budge..
After this change, the interest rate is found to be below the equilibrium interest rate. Describe the effect of this level of interest rate on the price of bonds, the need for cash balances, the opportunity cost for holding money.
Production engineers at Sinotron believe that a modified layout on its assembly lines might increase average productivity (measured in the number of untis produced per hour). However, before the engineers are ready to install the revised layout o..
You have given the following data about the amount your firm can manufacture per day given the number of workers it hires.
determine the new equilibrium price and quanity reproduce the graph tha u drew for question 4 and label oringinaldemand and supply schedules and labal oringinal equilibium priceand quanity.
questions1.what is meant by the term lsquopath dependency? discuss how path dependency has effected the development of
J.C. Olson & Co. had earnings per share of $8 in year 2006, andit paid a $4 dividend. Book value per share at year's end was$80. During the same period, the total retained earningsincreased by $24 million.
Suppose the demand for a product is given by P = 100 - 2Q. Also, the supply is given by P = 20 + 6Q. A) What is the equilibrium price and quantity of the product B) What is the price elasticity of demand at the equilibrium price
Consider a perfectly competitive market with 10 firms; Firm 1, Firm 2...Firm 10. Firm 1 through Firm 9 have the same cost function given by C(qi)=2q^2, where q is the quantity produced by firm i. Firm 10 has a different cost function C(q10)= 3q^2..
Suppose demand for widgets is given by the equation P=20-0.5Q. Originally, the price of the good is $10 per unit. When a tax of $2 per unit is imposed, the price of the good rises to $12 per unit. How much total tax revenue is raised by the tax
can you provide an example in which both monetary and non-monetary marginal costs and marginal benefits factored into your decision? Please be specific and remember to clearly apply the concepts of "marginal benefit" and "marginal cost.
Demand for flower bouquets in a suburban town is described by: QD = 50 - 5 P + 2 Y, where Q is quantity, P is price per unit, and Y is an index of consumer income. Similarly, supply is described by QS = 10 P - 5.
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