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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.
Assume you are the project manager for a software company and your team is in charge of delivering an update to tax preparation software for the next tax season. The project team h
Professor Davis teaches a course in supply chain management at North Texas State University. She is scheduled to give her class of 32 students a final exam on the last day of exam
Advantages of Process Layout Lower Capital Investment : Less capital is needed for this layout because production apparatus is applied to maximum capacity with minimum dup
You are the retiring CEO of a company which you have led for the last 10 years. You have recruited a new management team and you are addressing the final management conference whic
What are some of the barriers to advancement opportunities for women and minorities in many organizations?
What is the union relations environment today and what are the future trends in labour relations?
Challenges in leading a multi-generational and/or multi-cultural workforces: Need a complete summary for the listed assignment, references. Please at least one page of information
A typical change request from will include which of the following content item? a. a description of the change a long with the impact of marking the change. b. a status accounting
New software has been purchased to reduce time in calculating customers' accounts. Establishing report and effective communication with team members is primary importance to make t
Distinguish between a work center, a GT cell, and a flow shop. Describe and provide examples of each
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