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Refusals in telephone surveys. How can we reduce the rate of refusals in telephone surveys? Most people who answer at all listen to the interviewer's introductory remarks and then decide whether to continue. One study made telephone calls to randomly selected households to ask opinions about the next election. In some calls, the interviewer gave her name, in others she identi?ed the university she was representing, and in still others she identi?ed both herself and the university. For each type of call, the interviewer either did or did not offer to send a copy of the ?nal survey results to the person interviewed. Do these differences in the introduction affect whether the interview is completed?
problem 1. perfect competition consider an industry in which there are 10 identical firms and 1000 identical consumers.
suppose that population growth expands the quality frontier of a newhouse utility-maximizing nonprofit hospital.
Absolute Purchasing Power Parity has not found consistent empirical support. List and describe three reasons why this might be the case. Would you expect that the same reasons given in part “A” to apply to relative PPP? Why or why not? Explain.
Use a oligopolistic model versus a monopolistic model?
Determine the optimal size of the shopping center (to the nearest 100 square meters) based on existing estimates of the demand for retail space.
A firm that sells e-books – books in digital form downloadable from the Internet – sells all e-books relating to do-it-yourself topics home plumbing, gardening, and so on at the same price.
Consider a market characterized by the following inverse demand and inverse supply functions: Inverse Demand: P = 10 - 2Qd Inverse Supply: P = 2 + 2Qs. Find the equilibrium price and quantity in this market.
In 1989 the Detroit Free Press and Detroit Daily News the only daily newspapers in the city obtained permission to merge under a special exemption from the antitrust laws.
If incomes rise for both low-income and high-income workers, but rise less for the high-income workers.
What would be the amount of the firm's total revenue at the quantity and price identified in the prior two questions. What would be the amount of the firm's profit (positive number) or loss (negative number) at the quantity and price identified
The government imposes a fixed fee per year on each firm that operates in a competitive market. What happens to output, the optimal scale of a firm and price if there is free entry into the market?
(a) What is the level of price, output, and amount of profit for an unregulated monopolist (b) Using the data in the table, what are the price, output, and profit for a regulated monopolist that sets price equal to marginal cost compared with an u..
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