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Explain why a monopolist, such as Media Cable, faces a downward-sloping demand curve? Explain why the marginal revenue from an additional sale is less than the price of the service?
Suppose Media Cable currently charges $70 for its service. If it lowered the price to $40, how large is the price effect?
How large is the quantity effect?
What is the profit maximizing quantity and price for Media Cable?
Explain how much should the firm charge to earn the maximum profit during off peak times.
Choices for cuts and spending, paying close attention to what you read in the Bowles and Montgomery articles. Finally, analyze the effect your choices will have on the economy.
As per the Ministry of Finance also the keiretsu are there other problems.
Acme sells cans of mixed nuts. A typical can has 100 nuts. In the past, 5% of the nuts were cashews, but now Acme is advertising that its new and improved can of mixed nuts has 40% more cashews. Cashews make up what percent of the new and improved ca..
What sort of shift in supply or demand would result in a market equilibrium with higher prices but lower sales volume? A shift inward in supply could lead to an equilibrium with higher prices but lower volumes. What might cause such a shift?
You are to be part of a panel of three local person considered to have experience in international business.
In the months of preceding the expiration date, bargaining teams for the UAW and General Dynamics met to negotiate a new contract.
Describe how antipoverty programs can discourage the poor from working. How might you reduce this disincentive? What re the disadvantages with your proposed policy?
"Fewer and fewer Americans support our government's trade policy. They see a shrinking middle class, lost jobs and exploding trade deficits. Yet supporters of free trade continue to push for more of the same - more job-killing trade agreements."
What would happens to Hi-Tech's profits and the price of books in the short run when Hi-Tech's patents prevents other firms from using the new technology.
If you used a first-price sealed bid auction and the optimal strategy for the participants was to shade their bid by 20% and the participants used this strategy, who would win and what would the winning price be Which auction should you choose ..
a paper recycling facility is proposed ofr a town. because of the bleaches and other chemicals used in paper recycling, there are concerns about the air and water pollution from the plant. a team of economists has studied the facility. the total b..
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