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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.
Which of the following actions would expand the feasible region of an LP model? A.Loosening the constraints. B.Tightening the constraints. C.Multiplying each constraint by
Compare and contrast the key dimensions of the general environment, the task environment and the enacted environment of an organization.
Mike is preparting the x-bar chart and the R chart for Uncle Ben's 2lb. box rice packaging line. Using the standard sample size of 9 items. Mike found the average range is .02 l
Brittany currently attends college and runs her new business, Pampered Pets, a sole proprietorship she created in her sophomore year. Since Brittany is a student, she does not have
A small computer firm orders monitors for sale. The annual demand is 1300 per year. The holding cost is 10 percent of the value of the monitors on hand. Each time they order it cos
Some tasks and the order in which they must be performed according to their assembly requirements are shown in the following table. These re to be combined into workstations to cre
What are some of the barriers to advancement opportunities for women and minorities in many organizations?
The paper must be four to five pages excluding title page and reference pages, following APA format. Address all of the following parts of this assignment: Suppose that the F
An analyst must decide between two different forecasting techniques for weekly sales of roller blades: a linear trend equation and the naive approach. The linear trend equation is
What is corporate governance? What role does corporate governance play in strategic planning? Why is it important? Explain your answer and provide an example.
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