Social media is a phenomenon that cannot be retracted or controlled. When students enrol in university they do so seeking a higher education qualification to advance their knowledge and career. As students become distracted and participate in online media, they potentially miss much of the learning and knowledge development. Academics are required to evaluate the situation and take action. Discuss the decision making process and what ethical approach an academic may take with various decisions to manage social media in the classroom
Please brie y evaluate the following arguments: true or false? Please explain why?
(a) A foreign rm that competes in prices with a domestic rm in the domestic market su ers
from facing a quota.
(b) Suppose that two rms, producing substitute but di erentiated products, compete in
prices. A government-imposed oor on rm 1’s price may increase rm 1’s pro t.
(c) Suppose a domestic rm and a foreign rm compete in quantities in the foreign market.
The domestic rm bene ts from an export subsidy that induces it to expand its output.
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