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In relation to ITUNES music store, besides variable pricing, what are some other potential pricing policies that could increase revenue? What are the risks and potential costs of implementing more sophisticated pricing schemes for the downloaded music?
To save on gasoline expenses, Edith and Mathew agreed to carpool together for traveling to and from work. Edith preferred to travel on I-20 highway as it was usually the fastest, taking 25 minutes in the absence of traffic delays. Mathew pointed o..
According to the Solow growth model, how would a permanent increase in energy prices affect capital per worker and consumption per worker in the long run (that is in the steady state) Explain using a graph. b. In an endogenous growth model
Explain how many units of the variable innpout should be used to maximize profits. What are the maximum profits this firm can earn.
A construction manager earns $70,000 every year working for a regional home builder decided to open his own home building company.
Determine which of the following is not one of the basic preconditions for economic growth?
Elucidate the difference between the government purchases multiplier and the net tax multiplier. If the MPC falls, what happens to the tax multiplier.
Illustrate what do these indicators suggest about the future prospects of Walmart.
managerial economics to analyze the reasons for and against the merger, also to assess the performance of the consolidated company since its completion.
Compute the expected utility of each project and identify the preferred project according to this criterion.
At the same time dozens of low price producers started growing plants for sale. The net result was a decline in the average price of houseplants.
Durable goods pricing. Consider the example discussed in class. The monopoly sells two units of goods over two periods. The costs are zero. Consumer A has a valuation of 15 and Consumer B has a valuation of 10. Suppose the discount rate is f=.8.
Given the price elasticity of demand for two products & marginal cost, determine the optimal markups and prices under third-degree price discrimination.
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