Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Suppose the typical Buffalo Bills fan has the demand curve for Bills football games: P = 120 - 10G, where G is the number of games the fan attends.
a. If the bills want to sell the fan a ticket to all eight home games, what price must they charge?
b. Suppose the Bills have the chance to offer a season ticket that is good for all eight home games, a partial season ticket that is good for four home games, and tickets to individual games. What price should they charge? What is their revenue?
Suppose the Arizona Cardinals have fans whom are much more sensitive to price than the fans in Buffalo as described in (5). Their demand cure for football games is P = 120 - 15G. Illustrate what is true about the prices they are able to charge and their revenue if they try to practice second degree price discrimination as the Bills did? What does this happen?
A recording company obtains the following information about the demand and production costs of its new.
Why and under what situation should a company continue to operate when getting negative economic profits
Suppose the firm is operating in a high-wage country, where capital cost is $100 per unit per day and labor cost is $80 per worker per day. For every level of output, which technology is cheapest.
The largest loan that the bank can make on the basis of the new deposit. If the bank chooses to hold reserves of $3,000 on the new deposit, what are the excess reserves on the deposit.
Use a model of the money market to explain why changes in nominal or money GDP are associated with changes in interest rates.
Illustrate what are the opportunity costs of producing X and Y for Leah and Tim; and if specialization is possible, which good should Leah specialize in? and How about Tim.
Which component of GDP is the most stable. Look for the smallest change from the year with the smallest contribution to GDP to the year with the largest contribution.
Compute the revised slope of the AE cure and the multiplier when you know that the imports and the marginal tax rate
Assume that the firms form a cartel to maximize total industry profits. Determine the optimum output as well as selling cost for each firm.
Illustrate what is the relative labor supply in the economy. Derive it and draw it in the same picture as in part (a). Calculate the equilibrium relative price of labor.
Explain why Paul Collier seems to argue that export oriented industrialization or trade liberalization policies enacted by African countries would not help Africa develop.
Elucidate how much will each worker have to pay per unit to provide the socially efficient quantity.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd