1. Consider a personal computer market with two firms‚ X and Y. Suppose that Firm X and Y have the following total cost function: TCX=10QXTCY=10QY . The market is given by P=100-QX-QY. (a) Calculate the Cournot equilibrium outputs of firm X and Y in this market. (b) Calculate their market price in the Cournot equilibrium. (c) Calculate their profits in the Cournot equilibrium. (d) Suppose that firm X is considering implementing a proprietary technology they have developed. The onetime sunk cost
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TAXATION AS AN INSTRUMENT OF ECONOMIC GROWTH AND DEVELOPMENT IN NIGERIA BY MOHAMMED NASIR MOHAMMED 08/02AC039 AUG‚ 2012 CERTIFICATION This research work has been read and approved as meeting the requirement for the award of Bachelor of Science (Hons.) degree in the Department of Accounting‚ College of Management sciences‚ Al-Hikmah University of Ilorin‚ Ilorin. …………………………… …………….. Mr. A.B Uthman
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any of the peoples of the world (Sickman. L‚ 1968). In recent years‚ pushed by the huge economic growth in Asia‚ the fine art market rise sharply within Asia‚ especially China‚ changed the geographical structure of the global art market. The Chinese government set up some preferential policies to promote the fine art market because they see the great economic potential in this flied. In 2011‚ China has a 49% growth of artworks in auction revenue‚ becoming the first global marketplace for the sale of
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Mainframe/PC Evolution The evolution of mainframe computing to personal computing began with the invention of the mainframe for businesses and government use. The Personal Computer (PC) evolved from companies wanting the same information from scaled down version of the mainframe and dumb terminal. Though they both consist of data storage‚ processors‚ input and output devices. However‚ they have their differences. Mainframes The mainframe was invented in the 1950’s. One of the first mainframes
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Current Market Conditions Competitive Analysis Current Market Conditions Competitive Analysis Ford History Ford Motor Company was established in 1903 by Henry Ford (www.history.com‚ 1996-2013). This company has been a leader in the automobile manufacturing industry for over 100 years. The first vehicle ever sold by Ford Motor Co. was the Model A passenger vehicle. It was a two cylinder‚ eight horsepower‚ gas driven vehicle that could carry up to four passengers. Five years later (1908) Mr. Ford
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Comparison of Economic Growth between The Netherlands and Germany (1978-2009) Introduction About 16 years ago‚ when European Community became European Union(hereinafter to be referred as EU) ‚ the Netherlands and Germany‚ as two founding members of the EU‚ have been played an important role in European and world’s economy. When talked about Dutch economy‚ East indies company must be a start. As the first company in the world‚ it helped the Netherlands to be the leader of world’s economy
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comparison of economic growth in Germany and Norway from 1986 – 2010. The impact of four key concepts: comparative advantage‚ culture‚ economic freedom and innovation progress. Matúš Magic Utrecht University School of Economics Abstract This paper explains why Germany and Norway are one of the wealthiest nations in the world by using 4 key concepts – Comparative advantage‚ Innovation progress‚ Economic freedom and Culture. These four key concepts show us what has had to be done for
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EC180 Economics Assignment Tablet Computers Market Table of Contents Table of Contents 2 Brief Introduction 3 1. Factors affecting Demand 4 2. Price and Income Elasticity 6 3. Price Discrimination 8 4. Fixed and Variable costs 9 5. Scale Economies 10 7. Market Structure 12 8. Barriers to Entry 13 Summary and Conclusion 14 References 14 Brief Introduction In this report‚ the market of ‘Tablet Computers’ will be analysed. ‘A tablet computer is a complete mobile computer‚ larger than
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Analyze the current graduate employment opportunities within Human Resources Within this assignment‚ I will be examining the current opportunities graduates have in human resources and the trends that affect their chances of employment such as; labour market‚ the impact of external factors influencing career patterns and how this affects the ethical and cultural issues‚ the relevant use of competences and professional standards and this affects graduates applying and dealing with the pressures
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The change of government political environment in Turkey affects the business environment through the legislation and different regulations. Turkey has successfully carried out the structural reforms after the severe economic recession in 1999 – 2001. The reforms include market liberalization to promote foreign investment‚ privatization‚ agricultural reform‚ strengthen the banking system and fiscal discipline‚ monetary tightening policies to reduce inflation and a floating currency rates. Turkish
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