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Q1. Due to rising food costs, our vending contractor, Royalle Vending, will implement a slight price increase on all carbonated drinks from $1.25 to $1.50 beginning this fall 2012 semester at all campuses. This is the first time since Royalle Vending was awarded the contract in January 2010 that the company has implemented any price increases. The price of bottled water will remain unaffected at $1.25.
Q2. Fred's Fashion Accessories of New Jersey produces jewelry for sale in Boston and New York subject to total cost TC = 100 + 5(QLA + QSF). Demand for Fred's jewelry in the two cities is given by QLA = 70 - 2PLA and QSF = 55 - PSF. If Fred price discriminates between the two cities, how many stones will it sell in Boston?
Competition in the market is such that each of the firms independently produces a quantity of output.
Find the equilibrium values of the real interest rate, consumption, investment, and the price level.
A perfectly competitive external market for the intermediate product exists, and an imperfectly competitive external market for the intermediate product exists.
Which of the variables above is NOT statistically significant at the 0.05 level.
How would I find out by how much the price of water needs to be raised to reduce demand by 40% if the price of elasticity is 2.0.
Why did people believe the difficulties Aisian economies were expericing in 1997-1998
Suppose that Missing Link must pay a tax equal to 40% of its gross revenue. What is the optimal number of machines for the company.
One day you realize you're tired of smelling like refried beans all the time and begin thinking about starting your own business. After doing some investigation you decide to spend 15 hours per week running a photocopy service in your dorm.
Oil and gasoline prices are a concern in the United States. Why does this economic problem exist from a supply and demand perspective, what can be done to improve resource allocations.
Despite this finding, the government mandates that new cars have air bags, rather than taxing their use. Is this policy a contradiction.
Why does Michael Porter admonish companies will not change his competitive positioning any more regularly than once every four or five years.
Movies are distributed in a variety of forms, not just first run theatrical presentations. What other ways are movies distributed. What are the different price points.
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