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Pick a real-life rm that bundles products in some way. Describe how this pricing function is a form of price discrimination; in other words, why do some consumers effectively "pay more" for a particular product than other consumers do? Why is it a good pricing strategy for the firm?
After the firm's patent expires, predict the new market output and price. Assume that competing suppliers have the same economic costs as the original producer. Calculate the resulting change in consumer surplus.
Based on economist Albert Rees, there is evidence that contracts sometimes exist "among employers not to increase wages individually or not to employee away each other's workers
Melinda Gibbs would like for her descendants to be able draw $40,000 every year forever starting 30 years from now. She has found an investment that will provide her a guaranteed 10% return forever. To fund the withdrawals, she will make ten equa..
Illustrate what are the effects on American wages and purchasing power of the continued outsourcing of labor overseas. What are some of the reasons for these trends.
If deficit spending -crowds out some private investment, could future generations become worse off? If external financing eliminates crowding out, are future generations thereby protected?
Green sister has a dso of twenty days. The firm average daily sales are $20,000. What is the level of its accounts receivable? Suppose there are 365 days in a year.
Vulnerability Analysis
Currently, the extent of our economic difficulties has caused the economic policymakers to choose fiscal and monetary policies that are both expansionary.
Compute the point price elasticity of demand for bearing grease. Compute the optional price for bearing grease if marginal cost is $4.50 per unit.
Identify major cross-cultural issues that may impact the American company's marketing approach in this situation and provide a precise description of how the identified issues may impact the approach American company takes.
Elucidate how the price level will be affected by these expenditures in the short-run. Explain how GDP is affected in the long-run.
Field discusses the key threats to sustainable management of forests and agricultural resources. First summarize these threats. Then,
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