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Need help answering the following questions. Please provide a reference for each question.
Q1: Identify a personal economic decision that was driven by a behavioral bias rather than by pure rational behavior. Given your understanding of behavioral economics, how would your decision differ today?
Q2: Home Depot, a home and garden supply store, offers a 10% discount to active and retired military personnel, reservists, and to their families. Home Depot certainly has some market power, and can identify military personnel using their military identification cards. But doesn't arbitrage seem possible? Some possible reasons why this program doesn't get abused:
Can you think of other examples of price discrimination?
Q3: Would an organization benefit from using direct or indirect price discrimination. Why or why not? Provide an example.
Compute the short-run equilibrium levels of output, consumption and investment. If the central bank raised the interest rate to 6%, compute the new level of output.
Illustrate what effects would their combined actions have on GDP. Illustrate what effect would this have on your industry.
What operational and financial measures can a MNC take in order to minimize the political risk associated with a foreign investment project?
A firm, which is the only supplier of a good located in a particular town, is accused of engaging in anticompetitive tactics in order to protect its monopoly position in that town. As part of its defense, the firm has argued that the geographic an..
the fed and the money supplyinstructions please show all work or points will be taken off. good luck1. in this problem
The increase of the real money supply by 10 percent by the Federal Reserve when the unemployment rate rises by 1 percent is an example of
Let the market demand for rye bread be given by Q = 500 + I - 250P rye + 400P wheat , where Q is monthly demand in number of loaves, I is average monthly income in dollars
Speedy Limo is a limousine service located on the north side of Indianapolis. It specializes in transporting people to and from Indianapolis airport, although it will deliver people anywhere in the Indianapolis area. It competes with taxis and pub..
(a) What is market concentration and how can you know whether a market is concentrated or not (b) What are the causes of market concentration (c) Are business mergers good or bad for the economy Explain why
you were recently hired to replace the manager of the roller division at a major conveyor-manufacturing firm despite
Explain why is it wiser for the government to put a sales tax on a good that is demand inelastic than on one that is demand elastic.
Use the market-clearing Real Business Cycle model developed in chapters 9-11, to analyze the effects of expectations of higher future government spending and (lump-sum) taxes. Under what conditions can this explain a slow recovery?
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