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Analyze two examples of price discrimination based on your experience or readings - one, direct price discrimination and the second, indirect price discrimination. In your answer, compare and contrast the ability of each firm to manage their pricing strategy and prevent price arbitrage.
Have you ever had to deliver difficult feedback to a friend, family member or coworker?
Which of the following payment terms should a professional athlete prefer in a “ten million dollar” five-year contract if the athlete wants to obtain the greatest present value of income?
The Equation of Exchange is given as MV = PY , where M= the nominal money supply, V= the velocity of money, P= the price level and Y=real GDP. What is the Monetarists’ argument (based on the quantity theory of money) about an increase in M? Explain a..
Imagine working at the Trading Desk at the New York Fed. Explain whether you would conduct open market purchases or sales in response to each of the following events. Justify your recommendation.
A man deposits $50,000 in a bank that pays 25% simple interest per annum. If the man goes to withdraw the money after four years
What are the characteristics of perfect competition? Why does this type of fast-food restaurant tend to display characteristics of perfect competition?
Explain the three types of social entrepreneurship and give examples of each type. When does each type of social entrepreneurship create lasting social value?
The Governor of Arkansas has asked you (her crack economic advisor) to analyze how employment in trucking and poultry processing will be affected if deregulation lowers labor cost in both industries by ten percent. The product demand for poultry is l..
1. How is economics a science? 2. Why do economists make assumptions? 3. Should an economic model describe reality exactly?
Jetways Airline flies passengers between New York and Miami, making one round-trip daily using a leased Boeing 737 aircraft. Consider the number of passengers served daily as the output for the airline. Identify each of the following costs as either ..
Assume monthly car payments of $500 per month for 4 years and an interest rate of 0.5% per month. What initial principal or PW will this repay?
Explain why there is a blurry line dividing objects that are money from those that are not. Give examples of some clear-out cases and some borderline ones. Could the position of this blurry line change over time?
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