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Demand in a market dominated by two firms (a duopoly) is determined according to: P = 204 - 0.8Q The two firms have identical marginal cost of: MC = 29.7 Find the total quantity purchased by consumers when the firms form a cartel
Business Economics, Economics
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Give an example of a binary relation which is connected and transitive but not reflexive.
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True and False Question and need to explain it The theory of comparative advantage states that trade arises due to different amounts of labor and capital in a country. What arises trade in neo-classical model and o-h mod ...
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There is a proposal for a new Special Economic Zone in New Jersey. Based on the other examples of SEZs that we have read about, what are the pros and cons of this policy for various stakeholders?
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