Business, 02.12.2021 05:00, bertha4082
Cartels are inherently unstable because:
a. any one firm can make additional profits by selling additional output at a price below the marginal cost.
b. of the disincentive to cheat.
d. firms behave like perfectly competitive firms and price at the market price.
d. any one firm can make additional profits by selling additional output at a price above the marginal cost.
Answers: 2
Business, 21.06.2019 17:10, falabit
Which statement describes a monopoly? many firms produce identical products with no control over the market price. many firms produce differentiated products with control over market price. a single firm produces a product with no close substitutes and control over the market price. a single firm produces a product with many close substitutes and limited control over the market price.
Answers: 1
Business, 21.06.2019 20:30, bale4
Which of the following best describes how the federal reserve bank banks during a bank run? a. the federal reserve bank regulates exchanges to prevent the demand for withdrawals from rising above the required reserve ratio. b. the federal reserve bank acts as an insurance company that pays customers if their bank fails. c. the federal reserve bank has the power to take over a private bank if customers demand too many withdrawals. d. the federal reserve bank can provide a short-term loan to banks to prevent them from running out of money. 2b2t
Answers: 2
Business, 22.06.2019 01:40, NeverEndingCycle
Suppose general motors demands labor according to the labor demand function ν€ν€= 40β0. 5νΈνΈ, where ν€ν€ is the hourly wage and νΈνΈ is the number of employees. the united auto workers union has a utility function given by νν=ννβνΈνΈ. a. in 1984, the united auto workers union started negotiations with general motors by assuming that they were a monopoly union. find the wage and employment demands that the united auto workers union would have demanded before any bargaining began. b. if general motors and the united auto workers union both had excellent bargaining representatives, would this be the final labor contract? if not, then explain in words and graphically where they would end up after the bargaining process.
Answers: 1
Business, 22.06.2019 19:10, sierravick123owr441
You have just been hired as a brand manager at kelsey-white, an american multinational consumer goods company. recently the firm invested in the development of k-w vision, a series of systems and processes that allow the use of up-to-date data and advanced analytics to drive informed decision making about k-w brands. it is 2018. the system is populated with 3 years of historical data. as brand manager for k-wβs blue laundry detergent, you are tasked to lead the brand's turnaround. use the vision platform to to develop your strategy and grow blueβs market share over the next 4 years.
Answers: 2
Cartels are inherently unstable because:
a. any one firm can make additional profits by selling a...
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