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- Why is product differentiation by itself incapable of explaining intra-industry trade? Why does the explanation of intra-industry trade require both product differentiation and economies of scale?Why is product differentiation, by itself ,incapable of explaining intra-industry trade?Why is product differentiation by itself in capable of explaining intra-industry trade why does the explanation of intra- industry trade require both product differentiation and economies of scale
- Respond to the following: In today's economy, there are powerful companies that seem to control massive segments of different markets. Using the NEXIS-Uni Legal Database in the Strayer Library or the FTC website below, research a company that has been sued for anti-competitive behavior in the last five years. Explain the facts of the lawsuit, why the actions were anti-competitive, and whether it is a horizontal restraint of trade or a vertical restraint of trade. (Explain these terms in your answer.) (Note: Do NOT use Amazon, Google, Facebook, Qualcomm, Samsung, or Apple. Try to find a lawsuit from a company in your home state, if available). Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.What types of industries, if any, should be subjected to industrial regulation? What specifific problems does industrial regulation entail?All barriers to entry are not created through market conditions. Barriers to entry, such as patents, licenses, or international trade restrictions, may be government imposed. How do government–imposed barriers such as patents impact consumers and suppliers in these markets?
- Compare the persistence in the export of Opium to China and the persistence of the export of Opium and its derivative into the USA?Why are environmental regulations sometimes considered to be unfair barriers to trade?Does the allocation of permits in a cap-and-trade scheme matter for efficiency? Explain briefly.
- Let’s assume that in California a corporation that produces electricity controls the market where its electricity is purchased and sold, then it would most probably Group of answer choices have legal protection to prevent copying its methods of production for commercial use. cut production, raise prices and realize positive economic profits. have a patent giving it exclusive legal rights to make, use, and sell for a limited time. export its product to other countries.Give a discussion from the economies of scale perspective on the statement “trade need not be the result of comparative advantage”. And derive the relationship between the number of firms (n) and the price each firm charges (P) for the model of monopolistic competition. [Hint: P = c + 1/ (b * n); c is the marginal cost; b is a positive constant term representing the responsiveness of a firm’s sales to its prices]Which of the following are examples of intellectual property? (Check all that apply) A. Software B. All non-natural tesources C. Books and films D. Ideas for new products or new production techniques E. Pure air and water
