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1. Give some examples of third-degree price discrimination. Can third-degree price discrimination be effective if the different groups of consumers have different levels of demand but the same price elasticities?
2. Show why optimal, third-degree price discrimina- tion requires that marginal revenue for each group of consumers equals marginal cost. Use this condition to explain how a firm should change its prices and total output if the demand curve for one group of consum- ers shifts outward, causing marginal revenue for that group to increase.
What is the R-square of the regression and What does it mean and can you conclude the independent variables jointly affect the average housing price?
britain is proud of its national health service nhs. in 1948 the national health service act stipulated that the
Evaluate the fundamental reasons why price and utilization economic factors in the healthcare setting influence competitive market status in regard to supply and demand for health care services. Provide at least one (1) example of such factors to ..
The cost for loss of heat from the pipe per meter is $4.8/X1/2 per year. Here, X represents the thickness of insulation in meters, and X is a continuous design variable.
you have been retained by xyz university as a consultant to make recommendations andor proposals for the marketing of
Suppose that for a firm that digs ditches for laying cable or pipeline, backhoes and backhoe operators are pure complements in production, being used on a one-for-one basis. Draw the isoquants (on a graph with backhoe, “K”, and backhoe operators, “E”..
3. The demand function of a good is estimated to be Q=1000-0.2PX+0.5PY+0.04I. If I=10,000 and Q=1600, Calculate the income elasticity of demand
Calculate the present worth of the following geometric series cash flow: Annual interest Rate =8.19 %, Annual cash flow increases 21% each year, The first year value is $85 and the series is 8 yrs long.
If the economy was experiencing a severe recession, which of the following combinations of monetary and fiscal policy actions would be most appropriate?
question a movie theater has been charging 7.50 per person and selling about 400 tickets on a typical weeknight. after
Draw the game tree for this mall location game. Describe the equilibrium by using the (complete) strategies employed by each department store.
demand for a good can be characterized by p 100 - q. there are two firms firm 1 and firm 2. they have identical cost
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