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When an electronics company advertises on the local newspaper a 10% discount coupon, is this an example of price discrimination? Why or why not?
analyze the major short run and long cost functions for the low-calorie frozen microwaveable food company given the
where LS is the quantity of low-skilled labor (in millions of persons employed each year), and w is the wage rate (in dollars per hour). The demand for labor is given by
Py =4 and Uo is the maximal level utility when Px =5, Py =4 and I =100. find the the compensated demand curve (or of Hicks) and draw it on the same graph. for what value of Px the two curves will cut? what is the elasticity of compensated demand w..
Describe why the results of computing cross-price elasticity can be useful in determining product relationships. In your explanation, contrast the different numerical values of cross-price elasticity and what each value indicates.
an estimate of the demand function for household furniture produced the following resultsf 0.0036y 1.08r0.16 p 0.48
Differentiate the expenditure versus income approach to GDP and discuss why are the results the same? What are some of the drawbacks of using GDP while doing international comparisons among countries?
a monopoly faces demand given by q 200 - p. the marginal cost mc 10 is constant. the marginal revenue mr 200 - 2q.a.
in july 2001 45 of americans believed the country was in a recession even though technically the economy had not shown
which of the following is true regarding a banks capital-asset ratio?a high capital-asset ratios are desirable as they
the following claim is often made with respect to per unit taxes imposed on some good or service the producers will
1) Explain how moral hazard and adverse selection made the S&L crises worse. Discuss this with respect to both the S&L depositors and the S&L operators?
a. each individual determinant analyzed for your situation with examples applicable to your situation and research
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