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In 1988 the U.S. Congress extended the copyright protection to 95 years after the year of original publication for corporations. But copyrights holds for 50 years in Australia and 70 years in the European Union.
Discuss how you as the book or music publisher (you hold the copyright) would price your book Gone With the Wind (published 1939) and music Elvis Presley's 1954 hit "That's All Right" in the three different markets.
A potential entrepreneur is trying to decide whether to open a new health spa. she presently makes $35,000 per year as an aerobics instructor and will have to give up this job if she opens the new health spa.if she chooses to open the spa,it will cos..
Monopoly is often heralded as the ultimate goal of a firm, to be the only seller in a market. however the picture might not be as rosy as it appears if you actually reach monoply status. Why is that. How monopolies in real world earn huge rates of..
Consider the market for labor is segmented into the market for low skilled labor and the market for high skilled labor. If the low skilled labor market is given by the following function: labor demand: w = 35 – 0.005L; and labor supply is 4000. Show ..
Firms like Papa John’s, Domino’s, and Pizza Hut sell pizza and other products that are differentiated in nature. While numerous pizza chains exist in most locations, the differentiated nature of these firms’ products permits them to charge prices abo..
show the impact of the expeted future in gasoline prices on the current demand for gasoline by shifting the demand curve on a graph.
Illustrate what are the monopolist's profit-maximizing price and total output.
Consider a firm with the production function, q = (K^(0.5) + L^(0.5))^2. In the short-run, the level of capital is fixed. Determine the equations for MPL and APL. Solve for the short-run cost function (i.e. total costs as a function of output) Solve ..
Consider two firms: a yoga studio and a bar. The bar produces noise which reduces the price that the yoga studio can charge from its customers.Assume that the bar can sell an unlimited amount of drinks at the market price p and its marginal cost incr..
Discuss how the consumer assesses the value of marlboro cigarettes. How does it compare to competing marlboro on the market? Is value based on price, product attributes, something else, or a combination of things?
What specific motivations were behind the increase in the federal funds target after the end of quantitative easing in the US? Are there specific differences between the short-run and medium-run implications of the increase in interest rate targets? ..
A major concern is a lack of funds for marketing. As such, Break-C will only be distributed in major metropolitan areas that account for 65% of U.S. breakfast drink market volume. Print ads will carry a coupon entitling consumers to receive $.20 off ..
q.consider an economy with the following aggregate demand ad and short-run aggregate supply sras schedules.
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