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>>>INT: Hello, it’s Wednesday, July 27, 2011, and I’m Martin Smith with the daily outlook from UFX Bank. The dollar slumped against most of its major peers before the U.S. House...
Hi my name's Dominic Corosa I'm a director of Bongo Operations Proprietary Ltd. Bongo is a premium SMS service where consumers across the globe and we operate in a number of countries...
What if the firm is perfectly competitive in the OUTPUT market, such that it is one of a very large number of producers who all sell the identical product, but is a MONOPSONY in the resource market --...
I think the most important megatrend for our business is the increasing economic performance in the emerging markets. As I said before, titanium dioxide is an essential element in paint and plastic,...
So, returning back to our fundamental principle. In a perfectly competitive market, no firm realizes economic profits, or rents. What's interesting is that the existence of economic profits...