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Norplant, a long-acting contraceptive, dates to the early 19
Norplant, a long-acting contraceptive, dates to the early 1990's. In the US, they were priced at $350 and in other countries at $23. a. Why would the firm price it differently in different countries? c. What do you think will happen to the price over time? Why?
Compute the price-cost margin for every firm and indicate which has more pricing power and why.
Determine the profit-maximizing prices both firms will charge. In addition, calculate the price-cost margin for each firm and indicate which has more pricing power and why.
Illustrate what is the elasticity of demand for the product that is produced by the company.
Compute the path of the economy, that is , calculate real GDP, the price level, the inflation rate and real money stock for each year until GDP I swithin 1% of the potential. (limit calculated values to 10 decimals points)
Describe why the following statement is true: It is possible for average variable cost (AVC) to rise while average total cost (ATC) declines.
Describe several major antitrust cases in the United States. How do these laws affect (or affected) your work place or products used at your work place.
Explain who are the winners, who are the loosers, we can better evaluate the net impact, if any, on the overall economy.
Is the compensation scheme at your present place of employment consistent with a reasonable solution to the agent principal problem?
Suppose Q is the quantity demanded for medical care services. The linear industry demand function takes the form.
Suppose that the software market currently has one firm operating -Microhard. What contract should be writen between the bank and Newvel?
Explain how many baseball jerseys will you sell in Los Angeles and how many in Brooklyn. What will be the price of your jersey in Los Angeles and what will be the price in Brooklyn.
Compute the companies concentration measure. Explain how would it change if Delta merged with United States.
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