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Q. Assume the typical Buffalo Bills fan has the demand curve for Bills football games: P = 120 10G, where G is the number of games the fan attends.
a. If the bills want to sell the fan a ticket to all eight home games, illustrate what price must they charge?
b. Assume the Bills have the chance to offer a season ticket that is good for all eight home games, a partial season ticket that is good for four home games also tickets to individual games. Illustrate what price should they charge? Illustrate what is their revenue?
Calculate the following: Rate of Return and Calculate the following: Net Present Value Index
What is the MRS Is this consumer at an optimum. If not at an optimum should the consumer buy more of the X good or more of the Y good.
Think our company should take advantage of economies of scale by increasing our output, thereby spreading out our overhead costs.
Where does the national unemployment rate stand relative to the Natural Rate of Unemployment
Susie's boss offers her $100 to come to work instead. In considering what to do, which of the above would be considered a sunk cost.
What can you say about the level of the real interest rate if people instead are risk averse.
Assuming that all buyers received the credit, estimate the own cost elasticity of demand as well as well as own cost elasticity of supply.
Coupled with $160 annual tax rebate per household. Will the household be better or worse off under the new program.
Compute the amount of the natural employment deficit in terms of both billions of dollars and as a percent of natural real GDP.
In 2012, Balnur taught music and earned $20,000. She also earned $4,000 by renting out her basement. On January 1, 2013, she quit teaching, stopped renting out her basement, and began to use it as the office for her new Web site design business.
The developing country uses the $100 bank balance to import $100 worth of food from the United States (US).
What is wrong with claiming that changes in the distribution of income are associated with trade instead of the technological changes that the article discusses.
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