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Classify each of the following pricing strategies and explain.
A. A local restaurant offers an "all you can eat" salad bar for $3.49.
B. With any sand which, a customer can add the "all you can eat" sales bar for $1.49.
Suppose Mary’s utility function for two goods X and Y is given by: U(X,Y) = 2X1/3 Y2/3. If Px = $4, Py = $5, and Income I = $200, compute Mary’s utility maximizing consumption bundle. Show the utility maximizing consumption bundle on a graph.
q1. target a multinational corporationinternational company and the practice of outsourcing to third world countries.
Illustrates what the advantage of using capital in the production. Illustrate what is mean by the term division of labor.
And asset will cost $1,989 when purchased this year. It is further expected to have a salvage value of $243 at the end of its 9-year depreciable life. Calculate the book value at the end of year 2 using method #2. Provide the answer with two decimal ..
The concept of limited liability says a stockholder of a corporation: Professor Jeremy Siegel, of the University of Pennsylvania, did research showing: On the settlement date of a futures contract: Two characteristics that make owning stock attractiv..
Demand for a certain for item is given q=200-2p. Where q donated amt and p is price per unit. It cost Rs 5 to produce each unit. What is profit function of firm for this item.
Are innovative product and service offerings ethically neutral? Consider Napster and the intellectual property issues associated with swapping music over the Internet as an example to begin the discussion.
q1. suppose that any punitive damages awarded to the plaintiff were to be paid not to the plaintiff but rather to say a
What factors led to the mortgage default crisis? How did mortgage defaults affect banks involved in mortgage lending and mortgage investing? Securitization? TARP? What do these mean? What are some of the major provisions of the Wall Street Reform and..
Suppose that demand for a product is given by Q=1000-P. Supply of the product is given by Q=2P. There is a positive consumption externality from this product, in the amount of $5 per unit. What quantity of the good is consumed under the private marke..
All points on the SP curve (but not on the LP line) share the characteristic that the economy is not in the long-run equilibrium because
Compute the new equilibrium wage and the new number of jobs. Will the number of jobs increase or decrease.
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