Why do firms reorganize and change their structural forms?
Changes in markets or technology can induce a firm to reorganize in order to better respond to these changes. However, corporate cultures and costs of reorganization can make that process difficult.
Economics
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You borrow $10,000 from a bank for one year at a nominal interest rate of 5%. If inflation over the year is 2%, what is the real interest rate you are paying?
A) 2% B) 2.5% C) 3% D) 5%
Economics
Given the monopolistic firm pictured below what is the profit-maximizing price?
A. P1
B. P2
C. P4
D. 0
Economics