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Suppose a textbook publisher historically sells an econ book alone but then markets the new edition of the boo only as a bundle with an online hw supplement. Answer 2 parts:
1. define bundling
2. discuss what consumer and market characteristics are needed, and discuss the general rationale of how bundling can increase a sellers profits.
When looking at the role of tax cuts, you will find out that this can be effective for our economy.
Discuss illustrate what will take place to the demand curve for economic text book in response to a reduction in student grants.
Intially Starbucks expanded internationally by licensing its format to foreign operators. Why it soon be came disenchanted with strategy.
Two power plants are currently emitting 8,000 tons of pollution each (for a total of 1,600 tons). Pollution reduction costs for Plant 1 are given by MCR(1)=.02Q and for Plant 2 by MCR(2)=.03Q, where Q represents the number of tons of pollution reduct..
Analyze how inflation could occur in a society that relies exclusively on barter versus money. Speculate what form inflation would take and how you would recognize it. Provide support for your response.
The 2 firms form a cartel & arrange to split total industry profits equally. Under this cartel arrangement, they will maximize joint profits.
What would be the total profit of the firm if it sells the entire output at a cost of Rs. 60 per unit.
The supply and demand schedules for tickets to basketball games in town of Oakwood are given in the table below.
Jennifer Creek is saving up for a new car. She wants to finance no more than $10,000 of the $26,000 price in two years. She deposits $5,000 into a savings account now and will make monthly deposits for the next two years. If the savings account pays ..
In pure competition-marginal revenue
If firm A produces 100 record albums and 100 video cassettes, how might firm A be made better off by shifting its output mix. Explain your reasonings clearly.
Assessing the development of the discipline from today's perspective, how would Keynes's impact compare with that of your candidate.
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