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A monopoly with constant marginal costs of $50 can sell to three groups of potential consumers, with demands Q1 = 800 ? 0.2p, Q2 = 400 ? p, and Q3 = 700 ? 0.4p respectively. Find the optimal price- quantity combination in each market (i) if the firm is able to price-discriminate; (ii) if it is not able to price-discriminate.
what is the elasticity of substitution? if the production is Q= L ^1/2 K ^1/2. What is the total cost function ? What is marginal cost? What is average cost?
The Labor Market and Minimum Wage
answer the following in at least 75 words each or more.what are the factors that would influence the federal reserve in
According to a Honda press release on October 23, 2006, sales of the fuel-efficient four-cylinder Honda Civic rose by 7.1% from 2005 to 2006. Over the same period, according to data from the U.S
Gordon lists his old Lionel electric trains on eBay. He sets a minimum acceptable price, known as his reserve price, of $75. After five days of bidding, the final high bid is exactly $75. He accepts the bid.
What is an efficiency wage How might payment of an above-market wage reduce shirking by employees and reduce worker turnover How might efficiency wages contribute to downward wage inflexibility, at least for a time, when aggregate demand declines
prepare a three-page paper in apa style that describes 800 words explains addresses and answers the following.many
1. budget constraint.antonio buys 8 new college textbooks during his first year at school at a cost of 50 each. assume
Functions of the market for a good
assuming that all other factors remain unchanged determine how a firms breakeven point is affected by each of the
a countrys culture reflects and shapes its values and each country adopts laws that reflect their prevailing ethical
question cash flow budgetingusing the following information complete the cash flow budget for the months of january
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