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Discuss how an imperfectly competitive firm resorts to price discrimination to maximize its profits.
One of the criticisms of oligopolies is the adverse impacts these firms have on income distribution. Do you believe that is a valid critism? Discuss with appropriate examples.
Assume that the MPC=0.6 for every consumer in the economy. You have just been paid $20000 to produce a research report for the Department of Commerce. How this action by the government will affect your spending plans? What would be the total effect o..
Some collective bargaining agreements contain “union standards” clauses that prohibit the employer from subcontracting with firms that pay wages below those specified in the agreement. That is, the employer is prohibited from farming out work normall..
q. select two of the following topics to discuss within the discussion thread1. converse how average cost narrates to
Load the Blue Spruce Light Up Data (latest file, through 2013). Extract and specify a model that predicts Cars through the gate as a function of Price and Average Daily Temperature.
q.as an analyst at the treasury department you have been asked to predict the behavior of key macroeconomic variables
What influence did the elements of the Juran Trilogy have, if any, on the company's quality training curriculum? If the company does not have a quality curriculum, why do you believe, based on your research, it adopted the Juran Trilogy but did not m..
Macroeconomic equilibrium and the multiplier effect The following graph shows a hypothetical economy in short-run equilibrium at an output level of $400 billion and a price level of 100. Suppose that potential GDP in this economy is $200 billion. Use..
An engineering company just purchased a new CAD software for $8000 now and annual payments of $500 per year for 6 years starting 2 years from now for annual upgrades. What is the present worth of the payments if the interest rate is 6% per year?
We read in this week's reading that there are types of innovation—product innovation, process innovation, radical innovation, and incremental innovation. In addition, Clayton Christenson introduced disruptive innovation and sustaining innovation.
Public health information can be broadcast at a cost of $100. Public health information is a pure public good, in that many people can use the information simultaneously and preventing people from using the information is very difficult. At a price o..
John, Denny, Cass, and Michelle decided to perform music together from time to time. John would pay to book a venue. Denny would pay for gas in Cass’s car (a beat up car, but that she later replaced with a Porsche), How should they split the money th..
q.sara is a dot.com entrepreneur who has established a web site at which people can design and buy a sweatshirt. sara
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