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Managerial Economics
1) Answer to the following question:i) Explain the concept of the third degree price discrimination. Who gains and who loses and how?
ii) Assume products A and B are produced jointly in fixed proportion and have following demand and marginal cost curves:
Where MC represent the marginal cost of the joint products. Determine the price for product A and B and explain.
2) Assume that the product X and Y are produced by two different companies but they are identical. There are only those two companies in the market. The demand curves and MC are:
The two companies have merged together. i) Find out the price, quantity, profit, consumer surplus and producer surplus after the companies have merged. ii) Do you have any idea about what the quantity produced and profit made by the two companies? No need for calculation is required here. You have to analyze verbally.
Suppose all firms in a monopolistically competitive industry were merged into one large firm. Would that new firm produce as many different brands? Would it produce only a single brand? Explain.
Let us imagine that we have three types of individuals in the electorate (each with same population), with the following preferences. Simple majority: Which policy wins a simple majority in a vs b? Which policy wins a simple majority in a vs c
Select economic concepts covered in the first four weeks' readings, and discuss the primary manner in which these concepts impact the world of health care economics
Explain why you tend to find more shirking, more corruption, and more inefficiency in large firms than you do in small firms. Explain why you tend to find more shirking, more corruption, and more inefficiency in government than you do in large fi..
The following situation will be used to answer questions 1 through 5. (Adapted from chapter 3 problem 4)Monthly demand and supply for a computer support service catering to small businesses can be represented by these equations:
hi ltbrgti want to answer these questions some of them need answer in equations and explain in a paragraph but some
question 1 public enterprises have over the years been under constant pressure for improvement and innovation.a what
identify the key challenges to indias economic development. to what extent the second generation reforms will tackle
The Role of Government in Health Care Markets - Health Policy and Economics - Do you think this current state of regulation is appropriate? Why or why not? What problems have arisen because of regulation or the lack thereof?
the italians had an election. italy is a western democracy.italy is a large european country with a staggering public
At this point in the course, you are now familiar with the different options a business owner has in determining the form of business to select. From the e-Activity, determine one (1) advantage to selecting an S corporation status.
1. suppose the price of a unit of medical care is 100 and the persons insurance policy covers up to 100000 in
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