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Pick a real-life rm that bundles products in some way. Describe how this pricing function is a form of price discrimination; in other words, why do some consumers effectively "pay more" for a particular product than other consumers do? Why is it a good pricing strategy for the firm?
Explain why a monopolist will never set a price (and produce the corresponding output) at which the demand is price-inelastic.
Sara's income is $12 a week. The price of popcorn is $3 a bag, and the price of a cola is $3 a can. a. What is Sara's real income in terms of cola? b. What is her real income in terms of popcorn?
Perform them following: Compute the price elasticity of demand for paint and show your calculations.
Findout the number of hours of skilled labor also the number of hours of unskilled labor which minimized the price of doing the project.
Elucidate what would you expect to happen to the nominal yields changes in inflation expectations and required real yields occurred.
Illustrate the impact of inflation on consumption, aggregate demand.
Consider a market where supply and demand are given by QXS = -14 + PX and QXd = 91 - 2PX. Suppose the government imposes a price floor of $42, and agrees to purchase any and all units consumers do not buy at the floor price of $42 per unit.
Illustrate what effect would a period of rapid inflation likely have on the role of money.
Suppose that the software market currently has one firm operating -Microhard. What contract should be writen between the bank and Newvel?
How would each of the following affect the firm's marginal, average, and average variable cost curves?
Essay on Market imperfection associated with negative externalities.
Suppose in country Triniland employers are required to pay overtime at 50% above the normal wage rate for workers who work beyond 8 hours a day.
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