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Your local newspaper charges $1.50 per line for your ad about a garage sale this Saturday. The reason for the garage sale is that you are cleaning out your house to put it up for sale. When you place the ad with the same newspaper to sell your home, the charge is $8.00 per line for your ad. Why might some think this is price discrimination? Do you believe this is price discrimination? Explain your answers with applicable laws if appropriate.
Airway Express has an evening flight from Los Angeles to New York with an average of 80 passengers and a return flight the next afternoon with an average of 50 passengers. The fixed costs for the plane are $3,000 per day whether it flies or not. A) S..
Efficiency-wage theory suggests that to improve workers performance, firms should:
When the work was complete, Chuckrow paid Gough the original contract price but refutilized to pay him for the additional cost of reerecting the trusses.
Consider an investor who, on January 1, 2016, purchases a TIPS bond with an original principal of $100,000, an 8 percent annual (or 4 percent semiannual) coupon rate, and 10 years to maturity. From your answer to part a, calculate the inflation-adjus..
Which of the following might explain why the government would create a price ceiling for a certain good?
most people feel health care is priceless however health care comes with a steep cost. what factors must be considered
As the value of the Gini coefficient approaches one, The Gini coefficient is measured by
q1. why does michael porter admonish companies not to change their competitive positioning any more frequently than
Assuming that price elasticity of demand for this of kind candy is - 1.5, determine if the price CCS charges for its special candy is a profit-maximizing price. If it is not, what price should it charge?
Real Turf is considering purchasing an automatic sprinkler system for its sod farm by borrowing the entire $35,000 purchase price. The loan would be repaid with four equal annual payments at an interest rate of 12%/year.
What kind of unemployment do many commentators propose is dominant following the Great Recesison? Explain what’s going on here.
Suppose a consumer spends her income on lobster and frozen pizza. Assume that the consumer has an income of $600, the price of lobster is $50, and the price of frozen pizza is $6. Using indifference curves and budget constraints show the income and s..
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