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"If for a certain market, the concentration ratio CR4 (the combined market share of the 4 largest firms) is 1, its Herfindahl index is at least 0.25." Describe the given statement.
1. Econ 415 Project Select one time series of real data. The series can be selected from the published data ( http://research.stlouisfed.org/fred2/). The data series must co
Risk Neutral - A person is a risk neutral if they show no preference between certain, and an uncertain income with the same expected value.
why slopes of is and lm curves affect effectivness of fiscal and mnetary policy?
if you were making the pricing decision for the gasoline company, would you cut, raise or leae the price unchanged
how to calculate it given a functuion
What are the advantages of using mathematics in Modern Economics? Many of the advantages of using mathematics are as follows: a. The “language” used and the explanations of
Please write an essay (2-2.5 pages) based on this paper You">http://www.nobelprize.org/nobel_prizes/economics/laureates/2001/akerlof-lecture.pdf You pick one over 6 macroeconomic
Explain opportunity costs using a PPF where investment goods are on one axis and consumption goods on the other. Again, a good definition of opportunity costs linked to the not
what is the theory of second best?prove the theorm with the help of diagram?
explain budget line?
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