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To successfully practice price discrimination
a. the firm must be a pure monopoly
b. the firm must possess market power
c. it must be difficult for consumers in one market to sell to consumers in the other market
d. a and c
e. both b and c
Suppose the production function of a firm is Q=100k^1/2 L^1/2. the corresponding long run cost curve was found to be TC=(Qw^1/2r^1/2)/50. Use this information to verify that Shephard's Lemma works when deriving the input demand functions.
using margin. bill campbell invested 4000 and borrowed 4000 to purchase shares in wal-mart. at the time of investment
Comcast and Verizon are considering which services to offer customers in the Nashville region.
One additional advantage Microsoft has is its ability to create a variety of Vista products, some of which have more features than others. Does it make sense for Microsoft to differentiate its product into basic and ultimate Vista editions
"Starting a sole proprietorship or partnership type of business is better because the profits from the business will be enjoyed by only a single owner or a few partners." Do you agree or disagree with this statement? Why?
what is the difference between a movement along and shift of the demand curve? show the impact on the equilibrium price
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 ..
consider the cobb douglass utility function ux y x16y56 of a typical student. x denotes time spent studying and y
Mary Smith, a customer, buys the Best product to use in the demolition of her office building. Due to a defect in the product, John Doe, an employee of Mary's, is injured. He sues Mary Smith, Best and AI. Discuss the ramifications of this case if ..
Describe the difference between "stock variables" and "flow variables" in macroeconomic models. Of the following variables: aggregate income, aggregate wealth, aggregate investment, the aggregate money supply, government budget deficit, and govern..
1. actions managers take to attain the firms goalsnbsp tactics plans strategy goals2. performing activities that
japan has had a low inflation rate measured at 0.1 per year while venezuela and iran have experienced inflation rates
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