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Q. You run a chain of movie theaters; consequently you commission a marketing study about categorizes your potential consumers into 10 equal-sized groups according to what they are willing to pay for a movie ($10, $9, $8, $7, $6, $5, $4, $3, $2, $1). It turns out that low the value of customer groups, those with values ($5, $4, $3, $2, $1), are all over 65 years old. All costs of exhibiting movies are fixed except for the $3.50 royalty payment you must make to the film distributor for each ticket sold. What price should you charge for the movie tickets? Should you offer senior citizen discount? If so, how much?
Supply of Loanable Funds, e.g., your disposable and expected future income. Discuss and predict how your decisions and transactions in the loanable funds market should change.
can increase the natural rate of unemployment. Is this something that policymakers should be concerned with? Explain.
How much profit does each firm earn. Ignoring antitrust considerations, would it be profitable for your firm to merge with Fasten It If not, explain why not; if so, put together an offer that would permit you to profitably complete merger.
Suppose the Caribbean market was deregulated so that the routes become perfectly competitive, find out the price and the number of trips for the Kingston-Georgetown route.
increases the equilibrium GDP also the size of that increase varies directly with the size of the MPC
Elucidate why the dam project is considered a public good and discuss whether government intervention leads to a more efficient use of resources.
Suppose you work in a financial institution, how you would advise your clients.
Give an economics analysis of that liability standard for product-related harms.
What is M1 in Iron mania. What is M2 in Iron mania.
Use the Keynesian-cross model to illustrate graphically the impact of an increase in taxes on the equilibrium level of income.
The marginal cost of production is $1.40 to firm 1 and $3.20 to firm 2. The transportation cost is $1 per mile. What is the Nash equilibrium price charged by firm 1? What is the Nash equilibrium price charged by firm 2?
Illustrate what are the advantages and disadvantages of acquiring inputs through this means. Give example not used in the textbook that uses this method of processing.
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