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Marginal cost as it relates to decision making.

        We recently discussed marginal cost as it relates to decision making. We also discussed the four market structures as they relate to setting prices and output decisions. Look at the lectures on chapters 13 through 17. What are some of the takeaways that you...

T-Mobile announced it was close to a merger

Discuss which market model appears to best explain the behavior described:In fall 2012, T-Mobile announced it was close to a merger with its smaller rival MetroPCS. This merger would strengthen T-Mobile’s position as the fourth-largest wireless operator in the United...

New Web Victim: Office-Supply Store

Discuss which market model appears to best explain the behavior described:In 2012, Staples Inc., OfficeMax Inc., and Office Depot Inc. were all closing many stores, decreasing the size of their stores, and focusing more on online operations. All three chains struggled...

Weak Exports Hurt Corn

Discuss which market model appears to best explain the behavior described:Corn prices reached record highs in the United States in August 2012, given the worst drought in decades. However, by October these prices started to drop again as countries including China,...
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