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Suppose there is a new discovery of gas shale. How would this affect the aggregate supply in the U.S.?
Business Economics, Economics
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How will the dollar devaluation affect businesses and consumers in the twin cities of El Paso, the United States and Juarez, Mexico?
When we look at the ease to enter the different market structure, there is no doubt that 'monopoly' is the hardest. Why? -- There is only ONE firm that has established 'economies of scale' with the production of their go ...
Armstrong Faber produces a standard number-two pencil called Ultra-Lite. The demand for Ultra-Lite has been fairly stable over the past ten years. On average, Armstrong Faber has sold 457,000 pencils each year. Furthermo ...
A highway rest area contains a vending machine that dispenses cups of coffee. The amount of coffee that the machine provides when a purchase is made approximately follows a uniform distribution between 200 and 250 ml. (a ...
1. Under what circumstances is it advantageous for a company competing in foreign markets to concentrate its value chain activities in a select few locations? Under what circumstances is it advantageous for a company com ...
Would it ever be rational for a firm to retain an employee whose current marginal revenue product is less than her current wage? Explain.
Investors are evaluating two 6-year bonds at time t in a financial crisis setting where there is a strong likelihood of default. Assume the following values for the probability of default (z) of the two bonds, issued res ...
A video movie store owner finds that 30% of the customers entering the store ask an assistant for help and that 20% of the customers make a purchase before leaving. It is also found that 15% of all customers both ask for ...
Suppose you are working for a regional residential natural gas utility. For a sample of 90 customer visits, the staff time per reported gas leak has a mean of 206 minutes and standard deviation 32 minutes. The VP of netw ...
A. Investment 1. The following relates to the choices, firms can make regarding the allocation of profits. (a) Outline the broad choice available to firms when deciding to allocate profits. (b) Do increases in profits in ...
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