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Consider the following two cases:
Case 1: Subway charges a higher price for the 6-inch Veggie Delight Sandwich sub in New York City than it does in a small town in Iowa.
Case 2: Consumers collected coupons from free newspapers and magazines and take to the store to save money on products.
Is each case an example of third degree price discrimination? Explain.
Which countries (and groups within a country) most likely oppose international labor standards? Explain why. Explain why some countries use voluntary export restraints (VER) instead of import quota? List and explain at least three reasons as to why c..
Discuss the elements the led to the successful northern commercialization of agriculture and the differences between the northern commercialization and southern commercialization of agriculture.
Explain how does the price elasticity of demand for corn oil influence the quantity-demanded of corn oil and the Total Revenue earned by sellers of corn oil.
q. recall that is the economy continues to be strong abc company may need to increase its production by about 50
The equation for the original demand curve is Q=50-6.25P. Find the new demand equation when demand increases by 20%. The supply curve for the product is Q=-10+12.5P. Find the original equilibrium price and quantity using the above demand curve.
Analyze a two-period model for the market of computers in which two firms operate. Firm 1 only produces in period 1 and is endowed with an old technology providing a quality level vO to consumers.
Rent controls force landlords to price apartments below the equilibrium price level. An immediate effect is a shortage (excess demand) of apartments, because the quantity of apartments demanded is greater than the quantity supplied at the regulated p..
do we have as consumers to the losers of globalization? Discuss and justify your postings and responses with other students in our course.
q1. consider a firm as we did in the notes that maximizes it profits by selecting how many workers and how much capital
Small mistakes are the stepping stones to large failures. How might this saying apply to the simple model of the firm and marginal analysis? Do you agree? In your responses
Warren Buffett’s company went public in 1965. The public offering price walls $18 per share. The stock was traded at $92,400 on April 10, 2009, and the market value of the firm was $97.8 billion. What is the firm’s average annual compound growth rate..
q. fuji konica agfa and 3m. from a technical viewpoint there was little difference in the quality of colour film
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