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1) Assess the possible final result of this litigation on the basis of your knowledge of the legislation and comparable instances. On the basis of a reasonable idea of agency conduct, characterize the principal features of the industry equilibrium. Do these elements suggest utilizing firm or plant diploma of scale economies as a guide for policy in direction of the firm? In each circumstances, assume that the regulated firm will do all it can to maximize profit.
III. Write and clarify a system of simultaneous industry structural relations among the profit stage, concentration, minimal efficient scale, advertising intensity, and a few exogenous variables. From this perspective, what might be inferred from cross-sectional positive correlations between profit charges, focus, and promoting depth? 3. Suppose that you simply believe advertising expenditures should be handled as capital investments, in the identical method as investments in buildings and tools, somewhat than as present expenses.
IVB. Contrast price regulation that constrains the anticipated rate of return on capital with that which constrains the speed of return calculated on the basis of last period’s output, last period’s value, however present price. 7. Capital markets tend to require a decrease charge of interest from bigger companies. Can the regulator equate the allowed price of return on capital to the market price of return? IIC. Carefully clarify what empirical evidence would support the proposition that market energy is socially desirable in that it promotes technological progress.
3. Hypotheses concerning invention and innovation can be satisfactorily tested by using information on research and development bills. What arguments can be utilized to support this standpoint? Type i requires ai dollars in gas value per KWH generated (as much as capacity) and incurs bi dollars in capital costs per KWH of capacity per 24 hour interval. Would the peak interval customers pay all capability costs? 6. Queues of customers outside doctors’ offices point out an absence of competitors.
4. Competition is extra vigorous if there are 4 firms of equal measurement than if there are 4 firms of unequal dimension. The findings on this report are topic to a minimum of 4 limitations. What are some invalid inferences which can be sometimes drawn from such findings? These findings have to be investigated to find out whether or not Indiana patients might have underreported THC use or whether use of multiple product types may trigger EVALI. A complete of 127 suspected EVALI instances have been reported to ISDH during August 8-October 28, 2019; among these, 97 (76%) patients met the confirmed (41; 42%) or probable (56; 58%) case definitions and had been hospitalized, together with three (3%) who died.
Among the 29 patients interviewed, seven (24%) reported utilizing only tetrahydrocannabinol (THC)-containing products, seven (24%) reported using solely nicotine-containing products, thirteen (45%) reported using both, and two (7%) reported utilizing flavored merchandise containing neither THC nor nicotine.
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