* Question 1 0 out of 1 points | | | Duopolists A and B face the following demand curves: QA = 120 2PA + PB and QB = 120 2PB + PA. If both firms have zero marginal cost and they form a cartel‚ what is the profit-maximizing price and quantity?Answer | | | | | Correct Answer: | a. P = 60‚ Q = 120 | | | | | * Question 2 1 out of 1 points | | | Total surplus in a market is a measure of:Answer | | | | | Correct Answer: | c. social welfare created by the market
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DEMAND FOR ELECTRICITY OF RESIDENTIAL CUSTOMERS IN DASMARIÑAS‚ CAVITE A Thesis Presented to the Faculty of the Graduate Studies in Business De La Salle University-Dasmariñas Dasmariñas‚ Cavite In Partial Fulfilment of the Requirements for the Degree of Master in Business Administration ANANIAS V. PERMALINO‚ JR. November 29‚ 2008 DEED OF DECLARATION I‚ Ananias V. Permalino‚ Jr.‚ hereby submit my thesis for oral examination‚ entitled “Demand
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Supply‚ Demand and Price Elasticity People and companies make economic decisions on a daily basis by deciding how much of something they will buy and what prices they are willing to pay for the goods or services. Through individual decision-making‚ consumers determine supply demands for their needs and wants‚ and companies decide which goods and how many goods are to be sold‚ and how much to charge consumers. There are many fundamental concepts and definitions that are important to understanding
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Supply and Demand Changes Of Verizon Verizon has gone through many changes in the last few years. The communication industry is extremely competitive and this company would not have had a chance of forming at all‚ except for the government ordered breakup of AT&T in 1984. Their targeted areas of communication are cellular‚ paging and PCS services for corporate and individual customers. They have been trying to expand their business for corporate local goods and services. The article I chose
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has had the greatest effects on our lives in last two hundred years because it is a necessity‚ it has an important effect on the world economy and it affects our lives directly. There are some reasons why automobiles become a necessity in today’s life which of those reasons are being the cheapest‚ fastest and easiest way to travel when compared against other inventions like planes‚ ships or trains. Before the invention of automobiles humanity used to travel with domestic animals‚ which cause more
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| The story of Crossy and Lefty Rules for this exchange: · Once or One - Every time the word One or Once you pass your gift two times to the right meaning you skip ONE person. · Crossy or cross - You pass the gift your holding across the circle. · Left or Lefty - you pass your gift one person to the left · Right - pass your gift one person to the right ONCE(2times to the right) upon a time‚ a long time ago‚ Santa got very sick at Christmas and
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Lucy Mangan‚ I recently read your article: “My Hell is your iPod”. From your article I learnt that you have a various amount of issues towards iPods and people who use them. You appear to have a lot of hate for these so called “godforsaken” objects‚ which in fact play a very large part in the lives of many people today and are more useful than you think. In your article you stated an array of facts‚ which are untrue and rather biased. You said‚ “You have bought a pretty box that plays music”
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Outline two perspectives of sociology with which you are familiar.In your discussion use an issue of your choice to illustrate the differences or similarities of their approach to it. Sociology is an academic‚ scientific discipline which examines how the individual and society interacts. The concern of sociology is the mutual influence of the individual and society-it is about how individual shapes the society and how the society is affected by individual ’s wants and interests. Sociologist
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Arts 2 14 March 2011 YOUR SELF’S YOUR REAL BEST FRIEND As a freshman of STI College Sta. Rosa‚ I myself can feel the hardship of being a student. Problems brought by my studies‚ by my friends and by my family are mixed. To be honest‚ I have my friends who help me escape those burdens of my life. We sometimes go in target mall near our school to spend our time singing‚ playing and sharing our emotions. Every time we are together massages my soul. Among those friends‚ I have someone who I call “best
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What Is the Right Supply Chain for Your Product ? Article by Marshall L.Fisher INTRODUCTION • Marshall L.Fisher is the Stephen J.Heyman Professor of Operations and Information Management and co-director of the Fishman-Davidson Center for Service and Operations Management at the University of Pennsylvania’s Wharton School in Philadelphia. • His current research focuses on how to manage the supply of products with hard-to –predict demand. Devising the Ideal Supply-Chain Strategy • According
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