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Your company has developed a drug called Matrox that is an effective treatment for migraine headaches. You have just discovered that it can also be used for organ transplant patients to reduce the risk of organ rejection. The demand for migraine medications is considerably more elastic than the demand for drugs to reduce the risk of organ rejections. A study has indicated that the elasticity of demand for Matrox as a migraine medication is -4.0 but as a transplant drug it is -1.5. The current price of Matrox is $10 per dose; the marginal cost is $5 per dose. Should you use a price discrimination scheme for this product in these two markets? If so, how should you price Matrox in each market? If not, why not? Show all calculations.
By the 1950s, the views of the Classical economists among American economists: had been largely eclipsed by Keynesian views. had largely replaced Keynesian views. were about as widely held as Keynesian views.
Explain the law of diminishing marginal returns and Describe economies and diseconomies of scale
What happens to the reserves of the bank? What happens to the money supply in the economy as a whole if the reserve requirement is 10%, all payments are made by check, and there is no net drain into currency? How would your answer in part b be aff..
1. the owner of a small car-rental service is trying to decide on the appropriate numbers of vehicles and mechanics to
Compute the elasticities for each independent variable and determine the implications for each of the computed elasticities for the business in terms of short-term and long-term pricing strategies. Provide a rationale in which you cite your results
in the 1960s the san francisco city government physically moved several houses from the hayes valleyfillmore district
Consider the demand cuve q=100-50p draw the demand curve and indicate which portion of the curve is elastic ,which portion is inelastic and which portion is unit elastic.
jessica alba a famous actress starts the baby and family products business the honest company with christopher gavigan.
education production functions. consider the following education production functiontest i b 1 b 2 class size i b 3
Suppose the elasticity of deamnd for cereal is 1.If cereal increases in price by25%, how much will the quantitiy demanded decrease by?
steve kafka an american of czech origin and a franchisor for chicago style pizza has decided to expand his business
list 4 different html tags that define the structure of a document and briefly define the function of each. provide two
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