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Hulu is a streaming entertainment service that lets you a basic at $7.99 per month and a premium at $39.99 per month. Hulu stated ,the difference in the cost of service provision between each plan or option seems to be basically the same (it streams content to your device and automated software handles advertisements, availability of local or sports channels, etc.). How do you explain the wide variety of prices for virtually the same service, given that the cost to Hulu of providing each plan is basically the same?
Using the information you have learned so far in this class, state what you think will cause market fluctuations over the next few years as the economy struggles to recover. What areas of the economy should be closely watched as indicators of future ..
Most economists agree that markets do a good job of organizing trade, domestic and foreign. What conditions must a government provide for markets to survive and function efficiently?
Explain What is the political business cycle? Is placing monetary policy-decision making authority into hands of one committee too much power in too few hands?
The principle marginal revenue equal-marginal-cost rule for maximizing profit
Suppose you compete in a Cournot oligopoly market consisting of 6 firms. The equilibrium market price and quantity are $5 and 10 units, respectively. The marginal cost for each firm is $3. Based on this information we know the price elasticity of dem..
Should those who labeled the product pink slime and questioned it unfairly be disciplined in any way? Or, is this just an example of the market at work and nothing should be done? What should Roth and his company do now? What further action should th..
An increase in the interest rate is expected to cause the optimal level of human capital investment for an individual to:
Analyze the economic discrepancies between countries. Explain why some countries today are much poorer than other countries.
Why are assumptions made when utilizing a mode also thinking about economic activity. Textiles also apparel accounts for Illustrate what fraction of industrial employment in Pakistan.
There is no uncertainty about the future. The consumer needs to save an amount this year that will allow her.
The term "unemployment rate" in economics refers to:
Develop your main point about this change using your own ideas, observations, and experience. This draft should be revised version of rough draft you submitted.
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