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Movie theaters often charge different ticket prices for different times of shows; so is the movie theatre a monopoly that practices discrimination? What about the concession stand inside the theater?
cme corp. produces rockets which it sells to Wile E. Coyote and others. Suppose that Acme is a monopolist and the inverse demand function for rockets is Q^d=10,000-40Q. Furthe
However, the university administration will charge the college $10,000 per student for the first 100 students enrolled each year for administrative costs and its share of th
You have a part time job that pays $8 per hour. Your manager has asked you to work 4 extra hours on Friday night, but you already have plans for dinner and a movie with a frie
In the Solow growth model of an economy with no population growth and no technological progress, the higher the steady capital-per-worker ratio, the higher the steady-state:
The Babylonians studied problems which lead to simultaneous linear equations and some of these are preserved in clay tablets which survive. For example a tablet dating from ar
Discuss this week's objectives with your team. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics re
Consider lending institutions such as the World Bank and the IMF, and the case of debt-ridden nations such as Greece. Argue for or against the following two points: Important
Professor Grubert of MIT points out that nearly half of federal government spending is on social insurance programs, like social security, Medicare and Medicaid, Supplemental
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