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Using existing market research, we were able to calculate an estimated own-price elasticity of demand for a number of our most popular cable channels. Use this information, along with the marginal cost for each channel, to calculate the profit-maximizing price for each of these channels. (Subscription price is profit-maximizing price).
Channel Programming Cost per Estimated Own Price Subscription Price
Subscriber per Month Elasticity of Demand
ESPN $6.15 -1.8
TNT $1.52 -2.1/
Disney Channel $1.25 -1.6
Fox News $1.05 -1.9
MSNBC' $0.99 -2.4
CNN $0.87 -3.4
let a countrys stochastic sas curve be given by y y nbsppi - pie sigma where sigma equals 5 in 50 of the cases and -5
Can you describe the difference between the franchisor and the franchisee? How are these differences strategically aligned to create a competitive advantage?
The essay must discuss the levels of poverty in certain neighborhoods. How crime rates are related to poverty. Discuss possible solutions.
1. What will happen to the equilibrium price and quantity for jelly when the price of peanut butter increases? (Assume that peanut butter and jelly are typically consumed together).
If this characterized economy was producing 3 automobiles and 20 forklifts, what could we conclude about its use of its available resources?
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Suppose the demand curve for a monopolist is Q=12-P and the marginal cost for the monopolist is MC=Q. What is the profit maximizing quantity and price for the monopoly - Calculate the profit of monopoly and deadweight loss
What happens to the quantity of housing available? What happens to the quality of housing and why? Who benefits from rent control? Who loses from rent control?
First, describe the elements of the macroenvironment and competitive environment that currently impact Google. Then describe elements that you anticipate will impact Google over the next several years.
The textbook claims that when people do not have to pay anything to use valuable resources, such as urban roadway space, they will continue using them until their value diminishes to zero.
Find the optimality conditions characterizing an equilibrium. Suppose there is no government spending, that the real value of bonds Bt/Pt is constant, and that the nominal money supply grows at a constant rate. Solve for a steady state of the economy
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