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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.
A veterinarian is estimating the degree of association between the exposure/non-exposure of cats to a chemical pollutant and the incidence of a particular respiratory illness among
An accounts payable manager processes 200 checks per day with an average processing time of 15 working days. What is the average number of accounts payable checks being processed i
Choose any company website and evaluate its effectiveness. Write an essay of between 750-1000 words, double-spaced, focusing on such topics as the web site's attractiveness and the
Determining the bargaining unit occurs before certification is obtained whereas determining the bargaining structure occurs after, but both strategic decisions influence the power
Describe the categories of problems that have been found to be approached by Six Sigma methodology.
what is Block Diagram Analysis
penality
What is the correct name for the flower the Michaelmass Daisy?
At this point of the project, you have identified the problem and a technology solution for the business. Now, you want the business to accept the idea. Using your text, the pre
Weekly sales of rye bread at the corner store are shown below. Using this data, forecast Week 7 using a six-week moving average. Week Sales 1 415 2 389 3 420 4 382 5
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