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Flicker has estimated that the demand equation of a typical subscriber is P = 12 ? 2Q, where Q is the number of monthly on-line video rentals. The marginal cost of each on-line video rentals is $2 per month. How much should Flicker charge per on-line video rental?
$1,$2,$3,$4,$5
Flicker has estimated that the demand equation of a typical subscriber is P = 12 ? 2Q, where Q is the number of monthly on-line video rentals. The marginal cost of each on-line video rentals is $2 per month. Suppose that Flicker practices two-part pricing. How much profit will Flicker earn per member?
$25,$50,$75,$100,$150
Suppose that the level of investment is $16 billion and independent of level of total output, complete the accompanying table and estimate the equilibrium levels of output and employment in private closed economy.
Prepare a proposal recommending monetary policy actions designed to correct problems with spending, employment, and prices.
Some politicians in countries that are the recipients of large numbers of immigrants advocate adopting laws requiring immigrants to learn the local language within a specified period of time.
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1. Suppose chocolate bars and marshmellows are compliments for each other. If the price of marshmellows decreases, then the new competitive equilibrium for chocolate bars occurs where a) the original supply curve intercepts a new demand curve
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