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In order to be a successful price discriminator, a provider must have a degree of market power (depicted by a downward-sloping demand curve) and meet what other condition(s)? Prospective customers must be categorized according to willingness-to-pay. A. Prospective customers must be categorized according to willingness-to-pay. B. Opportunities for resale of the good or service must be limited. C. The provider must have excess capacity to accommodate the extra business. D. Both a and b.
Why do you think the compensation plan differ at the two firms. In particular why do you think Kaufmann s pays commission to salespeople, while Parkleigh does not.
Equivalent to selecting the output where the spread between total revenue and total cost is greatest.
Illustrate what money supply should the Fed set in year 2009 if it wants to keep the price level stable.
Discuss the new equilibrium price also quantity which result from these changes. Can you exhibit some of these changes graphically.
If the tax elasticity of labor supply were 0.19, by how much would the quantity of labor supplied increase among people in the top U.S. tax bracket if the highest marginal tax rate in the United States were reduced to the level of Bolivia?
One shortcoming of the Bureau of Labor Statistics Index of Labor Productivity is that it:
q1. mckee corporation has annual fixed costs of 12m. its variable cost ration is .60.a. determine the companys break
Determine how much a car owner would be willing to invest to achieve the new energy efficiency standards of 54.5 mpg. Assume that gasoline sells for $2.50/gallon and the owner expects to receive a 5% return on their investment. The owner travels 15,0..
Artsy T-Shirts sells 100,000 shirts a year, priced at $14 each. The company can produce any number of shirts at a constant cost of $10 each. It is considering expanding its sales by lowering the price to $12. What minimum increase in sales would be n..
q1. should citizens of the united states reduce their workweek in order to increase productivity and the standard of
Prices the selling monopoly charges for TV sets in periods 1 and 2.
On one graph, draw a time series graph showing salaries of McDonald cashiers, reality TV starts, and NBA basketball stars. (Make up a total of 9 data points, you don’t need to show the actual numbers)
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