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Discuss the impact of changes in the size of the 18-24 age group on marketing strategy planning in the United States. What are some specific marketing strategies that result from this change?
(a) If the seller can price discriminate between the two markets, what prices would she charge the different groups (b) If the seller cannot discriminate, but must charge the same price p1 = p2 = p to each group, what will be her profit-maximizing ..
A monopoly is considering selling several units of a homogenous product as a single package. A typical consumer's demand for the product is Q^d = 50 - 0.25P, and the marginal cost of production is $120. Determine the optimal number of units to put ..
a mortgage banking company has been evaluating the merits of a 50-year mortgage. The basic idea is to reduce the monthly payment and make home ownership more affordable. the APR of either mortgage is 6% and the compounding is monthly.
A manufacturer producing ball bearings claims that the mean weight of ball bearings produced is 5 ounces. The distribution is known to be normal with standard deviation 0.1 ounces. A random sample of 16 ball bearings is taken and their mean weight..
Suppose the income of buyers (Y) increases by 10 percent (calculated as change in Y/average Y) and, as a result, the quantity demanded of the good increases by 2 percent (calculated as change in Qd/average Qd). Check the correct statement(s): A. T..
Suppose that a perfectly competitive consant cost industry if initially in short and long-run equilibrium. In general, what will be the effect of an increase of $10 per uni in varialbe coss on he short-run equilibrium price, the short-run industry..
The widget industry in Springfield is competitive, with numerous buyers and sellers. Consumers don't differentiate among the various brands of widgets (no product differentiation). The industry demand curve is given by: Qd = 998 - 5Pw + 4 Y - 6Pg
A corporate bond has a face value of $10,000 with a bond rate of 10%. The interest of the bond will be paid quarterly. The bond will mature in 10 years. If the bond is sold at $8,500 on the market, what is the yield (return) on the bond
An engineer on the verge of retirement has accumulated savings of $200,000 in an account paying 10% compounded quarterly. How much can he/she withdraw quarterly if he/she expects to live for only ten years after retirement
Manke a graph showing the relationship between two variables, X and Y . Determine whether the relationship is negative or positive
At input levels L=5000 and K=2400 the marginal product of labor is 100 and the marginal product of capital is 300. At this point, how much capital can be substituted for an additional unit of labor while holding output constant
How much does the economy have to grow (potential output is, 3.5% and the unemployment rate is 7.3%) in 2014 to bring the unemployment rate down to 5%? How much does it have to grow each year to bring the unemployment rate down to 5% by 2017.
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