demand = firm’s demand for a monopoly ONLY * TR=aQ-bQ2 and MR=a-2bQ * Monopoly output is ALWAYS LESS than competitive output * Colluding leads to the ideal situation (illegal) * MC=WMPL * X=aa+b×MPx or Y=ba+b×MPy * Y = M/Py – (Px/Py)X * Isocost Line: C(Q)=wL+rK | Variation: K=TCr-wrL | Slope: -(w/r) * Isoquant Slope: -(MPL/MPK) | MPLMPK=aKbL=∆K∆L * Optimal cost-minimization: MRTS=MPLMPK=wr Questions (word for word from quizzes) * A firm has market power
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English 101 There are two different types of people in the dessert world‚ the pie people and the cake people. These two desserts are both wonder in my world but there are lots of differences in these two similar after dinner treats. Pies are warm‚ baked‚ with a gooey filling of your choice. They have a hard crust that is holding in all the fresh ingredients. Cakes on the other hand are usually room temperature or cool because if they were hot they icing would melt off. They usually
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Clary‚ Dionysus and the Fight Over Berries In a little town in Italy there was a girl named Clary . Clary was known in italy for her home grown berries. She makes pies that she sells with her berries. Clary was a sweet girl but she was very selfish about her berries. Little did Clary know that she would soon have a visitor that she did not want in the end. She will suffer for the rest of eternity for what she did. Dionysus heard that her berries are very good‚ she also heard that she was very
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tarting up a Chanel suit to resemble a Versace gown? Those additions include fantasy sequences‚ a ragtime band‚ a hot-air balloon and a horse-and-carriage traffic jam. An aggressively buoyant score (by Charlie Mole) washes through the movie‚ giving it a perky vo-dee-o-do flavor that feels more 1920’s than 1890’s. As much as possible‚ the play has been moved outdoors to intoxicate us with the rarefied air of an English country estate.
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September 10‚ 2009 case 1-428-849 Jaipur Rugs: Connecting Rural India to Global Markets Introduction The Jaipur Rugs case explores how a company can benefit the poor by connecting them with global markets. Jaipur Rugs makes this connection by building and orchestrating a global supply chain on a massive scale—one focused on developing human capability and skills at the grassroots level‚ providing steady incomes for rural men and women in the most depressed parts of India and connecting them
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that seals the deal for an amazing dinner. Cooking the green beans‚ the corn was a walk in the park for my parents‚ so that was nothing to worry about. However‚ what we did not think about were the pies. It is easy to go to the store and buy pre made pies‚ but nothing compared to fresh homemade pies. After contemplating‚ my mom made the decision to make an apple and pumpkin pie. For someone who had never baked cookies from scratch‚ this was definitely out of my mom’s comfort zone. What we were left
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What has happened to Kathy isn’t precisely her fault‚ but she could easily have prevented it -- for example‚ by responding to some of the delinquency notices that have been piling up among her unopened mail. Her self-destructiveness is bitterly galling‚ but we never quite believe she’s a bad person‚ and every false step she takes will make you wince. Should she really go out with that beefcake deputy (Ron Eldard) who helped evict her -- the one who’s wearing a wedding ring and who likes to drink
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school the day I was born. At the time she was a third grade teacher‚ and she had to bail on her children unexpectedly because of me. I was born later that day‚ December 10‚ 1999‚ in the Ouachita County Medical Center in Camden‚ Arkansas. I was a perky baby for the first few months of my life. According to my parents‚ I was always awake and smiling. I was this way until I began succumbing to my illness. Unbeknownst to my family‚ I had acquired a condition called Pyloric Stenosis‚ an abnormal thickening
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CS Professional Programme Tax Notes Prepared by: CA R Giridharan FCA Collected by: Santhosh Thomas Thaikkadan Tax Management Tax Management is essential‚ Tax planning is desirable and Tax evasion is objectionable. Elaborate. Tax Planning Tax Management Tax Evasion Tax planning is to avail Tax management refers to Tax evasion refers to ways maximum benefit deductions‚ rebates of the steps taken to ensure and means adopted by a exemptions‚ compliance
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Financial Statement Analysis: Macy’s Inc. vs. Nordstrom‚ Inc. MACY’S‚ INC. a. Macy’s‚ Inc. is a retail organization operating retail stores and Internet websites under two brands (Macy’s and Bloomingdale’s) that sell a wide range of merchandise‚ including men’s‚ women’s and children’s apparel and accessories‚ cosmetics‚ home furnishings and other consumer goods. Macy’s’ competitors include other middle priced-ranged department stores including Nordstrom‚ Bed Bath & Beyond‚ Belk‚ Bon Ton‚ Burlington
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