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We are seeing a merging of media firms. For example, companies like Verizon now provide phone, cell, TV and internet. A common form of selling services involves putting them together in packages or “bundles” and offering them for a lower price than if the services were sold separately. For example, Verizon may offer a deal for phone, TV, and internet services. Also, firms bundle TV channels in different packages. All of these practices have become controversial.
Questions:
1. Do you think that the government should limit the bundling of TV channels by cable companies?
2. Is bundling a good idea for consumers? Explain your answer.
3. Explain the economics of bundling, both from a consumer and producer prospective.
Presently, boats rent for $500 per day also workers cost $100 per day. How many workers do you need to produce 200 tons of shrimp?
The economy is made up of C and I and is currently at full employment. If consumption is $5 trillion while savings is $1 trillion, what is current investment according to the Classical economists? Suppose consumption falls by $500 billion what will h..
q. 1. what is the base year used to calculate the official consumer price index?2. what was the consumer price index in
If the table represents the demand faced by a monopoly firm, then what is that firm's marginal revenue as it increases output from 1300 units to 2200 units - Is demand elastic or inelastic in the $6-$8 price range? How do you know?
The money supply in $1 trillion, the price level equals 2, and real GDP is $5 trillion in base-year dollars. What is the income velocity of money?
The output, revenue, and profits for a firm under bad times for a firm in isolation and in a pooled labor market. b) the output, revenue, and profits for a firm under good times for a firm in isolation and in a pooled labor market.
According to comparative advantage, in which industries would you recommend the country to specialize. Has the country specialized in your suggested industries.
If you advertise and your rival does not, you will make $ 10 million and your rival will make $ 3 million. If your rival advertises and you do not, you will make $1 million and your rival will make $ 3 million.
llustrate what is maximum amount it would be worth to shareholders to elicit high CEO effort all time rather than low CEO effort all time.
If the actual price in this market were below the equilibrium price, what would drive the market toward the equilibrium.
if the person withdraws $12000 at the end of each year, after how much years will the savings be exhausted?
Using the information on exhibit 2 calculate the consumer price index in the current year.
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