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Price fixing is a per se violation of the Clayton Antitrust Act. From the materials in the library and the Internet, find an example of a price fixing case or other violations of U.S. antitrust law.
Then Charlie will announce his contribution ‘c'. How much will Charlie contribute as a function of Jim's contribution (c(j)) ? (Be Careful with j<1 and j>1)
Below are six statements. Identify whether each is a positive (P) or normative (N) statement. The minimum wage should be increased so low-income workers can earn a living wage.
what happens to the money supply, the interest rate, the exchange rate, and the trade balance in response to each of the following shocks?
How many speedometers must the company sell to break even?If the company will sell the number of units obtained in part d and wants to maintain the same profit as last year, what will its new price
Bonds of Zello Corporation with a par value of $1,000 sell for $960, mature in five years, and have a 7% annual coupon rate paid semiannually.
Also, during the first year, the cookie business incurred costs that required outlays of money amounting to $14,000. Zach's accounting profit for the year was?
Calculate the equilibrium price of guitars and the equilibrium quantity of guitars in State College. Show your work. Given your answer to b), is the price of guitars likely to rise, fall, or stay the
What is John's elasticity of demand at his profit-maximizing price? Is it elastic or inelastic? If it is elastic, why does he not lower his price, as this would surely bring in many more customers?
Castigating the president for considering fixed costs in making the shutdown decision. According to the CEO, "Everyone knows fixed cost don't matter!" How would you explain to the incorrect party th
The same percentage of the bottle price as diners who order a $100 bottle. Why, when the same efforts must be made to uncork and pour both bottles?
How does having a menu that is uniform around the country provide McDonald's with economies of scale? How is menu planning made more complex by expanding into other countries?
New federal regulations instituted last year, reduced the over-all take from $3.94 billion to $3.92 billion." Calculate the price elasticity of demand for natural gas sold to the US.
What is Live Theaters' total revenue function? What is its total cost function? Its total profits function? What are profits associated with this option?
Assume the budget deficit decreased by $15 billion, private saving decreased by $20 billion, exports increased by $10 billion, and imports increased by $15 billion. By how much did investment change
Explicate the major risks involved in subcontractor contracts. Then, determine which of the risks involved holds the most risk to the subcontractor. Support your response with evidence or examples.
Calculate the the monopolist profit under the following conditions. The intersection of the marginal revenue and marginal cost curves occurs where the output is 10 units.
Essentially "trusts" a consumer to take just one copy whereas a soft drink vending machine does not "trust" consumers and dispenses one can for each purchase?
Provide one example each of a workforce scheduling, a blending, and a logistics linear optimization problem not discussed in the Render et al (2011). What is being optimized in each of your example
The quantity demanded of the product decreases from 600 to 400, the price elasticity of demand coefficient, using the midpoint formula, is?
If you were asked to forecast January and February sales for next year, would you be confident of your forecast using the preceding moving averages? Why or why not?
Farmers were happy for awhile, but now they are upset again, and what's more, there are more of them (farmers and turnips) than ever. Explain what happened.
The Camera Shop will discontinue its operations next month. Will this information alter your pricing decisions today? Explain.
In a normal AD-AS diagram with an upward-sloping AS curve, if a tax decrease is combined with money expansion: AD will remain relatively unaffected but the interest rate will decrease
How does the supply of land differ from the supply of most labor? How will the effect on price of an outward shift in demand for labor differ from the effect on price of an equivalent shift in the