Which of the following is NOT an important determinant of collusion in pricing games? Select one: A.History B.The number of firms C.The importance and magnitude of the item in a consumers' budget D.All the statements associated with this question are important.

Q: Why do we call Why do we have phone's How can we us our mobile to call people from overseas

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Q: part 3 and 4th

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A: The aggregate expenditure is the sum total of consumption, investment, government expenditures.

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A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

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A: The term TAPR stands for Troubled Asset Relief Program.

Q: Use fos S egjuilib The

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Q: Could you answer parts D-F please?

A: Nash equilibrium given to us that: Q*1 = (0.5a - c1)/1.5b Q*2 = (0.5a - c2)/1.5b

Q: please do d and e now please

A: Pareto optimal allocation refers to that point deviating from which no player can be made better off…

Q: Where does Mark Dean call home

A: Mark Dean is known as one of the fathers of the personal computer

Q: Could you please answer questions d and e.

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Q: may I also recieve help with iv to vi?

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Q: Where did the 1/2 come from or what is it.

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Inflation and Purchasing Power Theory

In economic terms, Inflation refers to the increase in the costs of various commodities which are used in daily lifestyle like food, clothes, transport, etc. over a specific time. It may lead to a fall in the purchasing power of the people and also affects the exchange rate of the currency because of the price increase. As the purchasing power falls the unit of the currency in the economy falls. When the prices of the commodities are decreased, then the purchasing power of the consumers will rise, then it will lead to deflation and changes the currency of the base economy to that of the foreign economy which will lead to change in exchange rates.