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When an electronics company advertises on the local newspaper a 10% discount coupon, is this an example of price discrimination? Why or why not?
1. consider two countries a and b. labour is the only factor of production for goods x and y.consider the following
In economics, when you plot cost and revenue on Price-Quantity axis, the profit maximization condition is when marginal cost is equal to marginal revenue. This is the crucial notion to understand.
write 400-600 words that respond to the following questions with your thoughts ideas and comments.conduct research
a monopolist has determined that marginal revenue is 2.00 and average cost is 1.75. it has also determined that the
consider the following scenario ppq parts has determined that for the company to expand globally over the next several
The most prominent benefit offered by many firms is health insurance. Suppose that in 2000, workers at one steel plant were paid $30 per hour and in addition received health benefits at the rate of $6 per hour.
Originally the consumer faces the budget constraint p1x1+p2x2=m, then the price of good 1 doubles, the price of godd 2 becomes 8 times larger and income becomes 4 times larger. what are the effects of the changes on the budget line.
How does the amount of unemployment created by an increase in the minimum wage depend on the elasticity of labor demand do you think an increase in the minimum wage will have a greater unemployment effect in the fast-food industry or in the lawn-c..
Find out the equilibrium price and quantity and illustrate with a graph. The government imposes a tax of $5.00. Find the new equilibrium price and quantity. Determine the total tax revenue earned by the government
Select one topic. This will be the subject you will research over the course of the quarter. You will submit an outline of your paper in Unit 4 and a draft in Unit 6.
Starting with the estimated demand function for Chevrolets given in Problem 2, assume that the average value of the independent variables changes to N=225 million, I =$12,000, P= $10,000 P= 100 cents, A=$250,000 and P=O
Find the sample mean and variance of the Credit Score variable and find the sample covariance and sample correlation coefficient of Wait Times and Credit Scores.
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