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1. Why would a firm prefer to be a monopolist? Why would it prefer to be a monopsonist? Explain.
2. Consider three different situations regarding factor mobility: i) mobility within an industry, ii) mobility across industries, iii) mobility between countries. In which of these situations are productive factors likely to be most mobile? In which of these situations are factors likely to be least mobile? What does this imply about countries' ability to utilize comparative advantage in organizing production and trade? Explain.
3. 136 countries recently signed an agreement regarding taxation. What was this agreement and what kind of companies does it target?
Imagine economy where everyone lives for 2 periods: youth and old age. Each period a new generation of young people is born equal in size to last period's old generation, who are now gone. Time goes on forever. Suppose there are 20 people at any time..
What are the implications for international business of differences in the dominant religion, social structure, and educational systems of a country? How do religion, social structure, and education combine to form a system that defines the culture o..
If the current price of capital is $10 and the current price of labor is $25, is the firm employing the optimal input bundle for its current output?
Suppose you have an asset that costs $11 in time period zero and has an IRR of 18%. With a retained earning rate of 5% on your remaining $7, what is the highest loan rate that would support investing in this asset?
Our desires and satisfactions are often relative not only to what others have but also to what we ourselves have become accustomed to. A small amount of tasteless food can be the source of immense satisfaction to a very hungry person. The marginal co..
1. What is modulation? Please describe how it works. 2. What are the examples of Digital Signal Encoding Formats? 3. What are the three parameters of carrier signal that can be modulated? Please give examples(names) of such modulation techniques.
Suppose we are given a sequence S of n elements, each of which is colored red or blue. Assuming S is represented by an array, give a linear-time in-place algorithm for ordering S so that all the blue elements are listed before all the red elements..
Identify and discuss potential elements of distinction.
Suppose the market demand function is given by: Q=100-2P, where Q: total quantity, P: market price. And in this market there are two firms with MC=AV= $10. Find each of the following: Collusion quantity, profit from collusion?
Helen’s preferences over CDs (C) and sandwiches (S) are given by U(S, C) = SC + 10(S + C), with MUC = S + 10 and MUS = C + 10. If the price of a CD is $9 and the price of a sandwich is $3, and Helen can spend a combined total of $30 each day on these..
Derive the equation for Sam's budget constraint and graph his budget line labeling as many points as you can.
This question will measure your ability to understand an economic passage and put it into quantitative work. Hence, please read carefully
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