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A firm has two prodcuts and two customers. Customer 1 is willing to pay $9 for Product A and $4 for PRoduct B. Customer 2 is willing to pay $7 for Product A and $5 for Product B. Can the firm increase revenue by bundling and, if so, how much should be charged for the bundle?
What provisions of ACA are intended to reduce or increase directly the quantity of healthcare consumed and what extent will these provisions have an effect on expenditures and to what extent will they affect health?
discuss the characteristics of monopolistic market in detail. name five different companies that belongs to this
Monopolies are inefficient because A. a monopoly firm must compete, and competition is expensive B. a monopoly firm will always produce where price is equal to average total cost C. inefficiency is a barrier to entry D. a monopoly firm has no ince..
How does the problem of limited and bundled choice in the public sector relate to economic efficiency? Why are public bureaucracies alleged to be less efficient than private enterprises?
Explain whether each of the following is an example of a macroeconomic concern or a microeconomic concern.
Write a brief report describing what shift factors of supply and/or demand might be at work and how you would label those factors. Conclude the report with your forecast of what would likely result one month after the publication of the article.
suppose that Ike is loss averse. In the morning, Ike's stock- broker calls to tell him that he has gained $1000 on his stock portfolio. In the evening, his accountant calls to tell him that he owes an extra $1000 in taxes.
The inflation rate over a 10 year period for an item that now costs $1000 is shown below Year 1, 10% Year 2, 0% Year 3, 10% Year 4, 0% Year 5, 10% Year 6, 0% Year 7, 10% Year 8, 0% Year 9, 10% Year 10, 0% What will be the cost at the end of year 1..
Find out if, for the good marked with ALL CAP lettering, if there is the increase or decrease in demand.
At a management luncheon, two managers were overeat arguing about the following statement "A manager must never hire another worker if new person diminishing returns". Is this statement correct? If so, why? If not, discuss why not?
Which are the most important hypotheses that follow from this theoretical approach to geographic mobility. Discuss how higher proportional and progressive income taxes are likely to affect the mobility decision.
If the lending process continues as far as it can possibly go, how many deposit dollars will be created from this initial $1000 deposit?
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