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Disneyland has two possibilities for pricing rides at its theme parks: (1) Set MR = MC for each ride and charge the maximum price consumers will bear. (2) Charge an admission fee to the theme park but allow unlimited rides for free. Using graphs, show which pricing scheme is more profitable for Disneyland.
Outline reasons why the marginal revenue product differs between workers in different jobs.
q. a facility for a production plant can be purchased for 155000 with a down payment of 25000. consider the following
The inverse demand for your product is P = 200 - 0.1Q in for tourists and P = 500 - 0.2Q in for business travelers. If you price discriminate, what are your optimal prices to the two types of travelers?
Our current corporate climate requires companies to extend credit to one another. Under what circumstances would you see this changing? How do credit managers manage the risks related to extending trade credit? Aside from late or non-payment, what ot..
Select a private-sector, for-profit firm and write a 1,050 to 1,400-word paper/business proposal in which you provide recommendations to that firm. Explain how fixed and variable costs should be adjusted to maximize profit.
In the case of firm-specific training, it is expected that the workers wage after the training will be:
Greg earns $10 per hour for work for up to 30 hours of work each week. He is paid $15 dollars per hour for every hour in excess of 30. Greg faces a 15 percent tax rate and pays 3 dollars an hour in child-care expenses for each hour he works. When gra..
q1. a nation demand for loan is r 20- 0.5i where r is the nominal interest rate. the supply of loans is r2i. if the
If U.S. interest rates fall relative to Japanese interest rates and Japanese inflation falls relative to U.S. inflation, then the: The Federal funds rate:
Monopolistic Competition and Intra-Industry Trade Consider the monopolistic competition model of increasing returns to scale studied in class. Consider a single country in isolation. The demand for each variety is the following: q(p)=S*[(1/n) - b*(p–..
Par Inc., is a small manufacturer of golf equipment and supplies. Par's distributor believes a market exists for both a medium-priced golf bag, referred to as a standard model, and a high-priced golf bag, referred to as a deluxe model. What profit co..
q1. a monopolist has demand and cost curves given byqd 10000 - 20ptc 1000 10q .05q2a. find the monopolists
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