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A monopolist has two specific demanders with demand equations: qA = 10 – p and qB = 10 – 2p. This monopolist implements an optimal two-part tariff pricing scheme, under which demanders pay a fixed fee a for the right to consume the good and a uniform price p for each unit consumed. The monopolist chooses a andp to maximize profits. This monopolist produces at constant average and marginal costs of AC = MC = 2. The monopolist’s profits are _____ and the average price paid by demander B is _______ . (NOTE: Write your first answer in number format, with 2 decimal places of precision level; do not write your answer as a fraction. Use a period for the decimal separator and a comma to separate groups of thousands). Show all steps.
Discuss the various ways inflation can hinder economic activity. What are some strategies you might use in your life to deal with rising inflation? How might these strategies change if we experienced deflation?
Emerging Markets Project. Select an emerging market that you would like to learn more about (Not your country of origin). Start by compiling fundamental country data, then do additional research to flesh out the nature of the market opportunity offer..
Explain the role and responsibilities of public relations in public and private companies, nonprofit organizations, agencies and firms.
How long will it take, in months, to pay off the balance, if the cardholder continues to make payments of $110.25 per month and adds no other charges to the card?
Define the terms listed below. You should write a paragraph explaining each concept as if you were writing for your 15-year-old sibling (or a high school textbook). Fiscal Policy, The Multiplier Effect, Full Employment, Automatic Stabilizers
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Define the equilibrium price and quantity.descibe the situation at a price of $10.00.what will occur.
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What is the point, based on the Equimarginal Rule, which has equal marginal benefit (or the closest) for the two purchases?
Teapot Dome was a successful government project to displayed Harding administration's policy of a laissez faire government. Elucidate
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Suppose a competitive market consists of identical firms with a constant longrun marginal cost of $10. (There are no fixed costs in the long run.) Suppose the demand curve at any price, P, is given by Q = 1000 ? P.
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