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A number of legal firms now offer services on the Internet.
1. In what respects does the market for legal services, such as those provided online by Nolo.com, have the characteristics of a monopolistically competitive industry?
2. How can providers of legal services differentiate their products? How does Nolo.com attempt to do this?
3. Search the web for at least three additional online legal firms and compare the services these firms offer (a quick bullet list will suffice for each). Based on you research, is it reasonable to classify the market for online legal services as monopolistically competitive?
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Calculate the life years lost due to car accident for a 28 year-old driver and Identify and indicate which treatments are dominated for elimination.
1. use the information in the table below to answer the following questions.nbspqavcatcmcmr1p1mr2p20
second-degree price discrimination is also known asblock rate setting.captures all consumer surplus.sets a different
Gamma corporation one of the firms which retains you as the financial analyst is considering buying out Beta Corporation. Discuss how these data provide evidence of inefficiency. How could the new manager of Beta Corporation improve efficiency?
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Describe how this change affects output both immediately and over time. Is the steady state effect on output larger or smaller than the immediate effect?
Calculate the arc price elasticity implied by the initial response to Z-Best's price increase and calculate the effective price reduction resulting from the coupon promotion.
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