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Calculate the own price elasticity of demand for the demand curve P= 15-3X at prices and compare the outcomes.
a) P=0
b) P=1/8
c) P=3
d) P=15
Why is popcorn so expensive at the movies? Argue both that a high price for popcorn is price discrimination and then argue that it is not price discrimination.
Suppose that a pay equity plan has just been put in place in your organization. The pay equity consulting firm did a job evaluation and assigned points to each of the male-dominated and female-dominated jobs.
Describe the output level where average variable costs are minimized. Determine the output level where marginal costs are minimized.
q1. during the recession of 2008 2009 the detroit urban area had very considerable unemployment which is the highest in
During World War II, both Germany and England had plans for a paper weapon: they each printed the other's currency, with the intention of dropping large quantities by airplane. Explain why might this have been an effective weapon.
Why is the average viewer of TV news or the average reader of a newspaper interested in the fluctuations in prices in the stock marketplace.
Providing handouts to the audience before a presentation is not advisable because
q.a suppose we randomly poll 500 americans and ask them whether they believe that the parents are involved. what is the
Moli Labs Inc. is developing medical research on anti-memory loss pill. The lifetime value of the patent would be V = $840 (in millions). The company can invest in many separate identical labs. Each lab costs $21 million to operate, and each has a pr..
Suppose at the current level of labor used, the MRP = $100 and the MFC = $50. Elucidate the maximize profits
Explain the relevant importance of debt vs. equity financing and the reasons for the mass-media preoccupation with equity markets. Explain the relevant importance of marketable securities vs. non-marketable securities. Explain the relative importance..
Suppose a monopolist has cost curve C(q) = 10 + 3q + 0.1q 2 and faces demand q = 12 ? p. Find the monopolist price and quantity. Return to the situation in (a) with only one market. What would be the monopolist profit?
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