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1) characterize the long run equilibrium of a perfectly competitive industry in which average costs are U-shaped as output increases, under both restricted and free entry. b)Discuss the senses in which a perfectly-discriminating monopolist is efficient or inefficient
2) consider an oligopoly in which the inverse demand function p(∑xi ) = a-b∑xi,a,b > 0,and each firm's costs c(xi)- cxi, 0 < c < a. first, given n, determine the cournot-nash equilibrium outputs, profits, deviation of price from marginal cost, and deadweight loss. Then prove that all of these approach zero asymptotically as n tends towards infinity. Comment on the significance of these results.
Harley Davidson sells motorcycle X and Y. Motorcycle X sells for $10,000, has variable cost (labour and material) of $2,000, and requires 10 hours of use of machinery to produce. M
1. Discuss the advantages and disadvantages of diversity in the work place 2. Discuss some of the legal guidelines in place to protect diversity in the workplace 3. Identify
There are 3 main components to the systems implementation process, which are, organizing the team, determining project scope and expectations and establishing a project plan. Each
Question 1: W. E. Deming is credited with providing the foundation of Japanese Quality and resurgence as an economic power. Deming is the best known quality expert in the worl
What is the difference between assignment of contract rights and delegation of contract duties? Illustrate your answer with examples.
how to do a multiple activity chart on making potatoe chips
Select a business of your choice and visit their websites. From the website only, can you determine if the company supports workplace diversity, equal employment, affirmative actio
Do NOT use Minitab for this problem; you may use Excel. Handy, Inc. produces a solar powered electronic calculator that has experienced the following monthly sales history for the
Competence - Customer Satisfaction and Service Quality Means possession of the required skills and knowledge to perform the service. It involves: knowledge and skill of the c
1. Identify and describe the three zones associated with buffers. Explain your answer in detail. 2. JIT is a broad philosophy that pursues three main goals. What are they? Expla
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