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Q. Assume the typical Buffalo Bills fan has the demand curve for Bills football games: P = 120 10G, where G is the number of games the fan attends.
a. If the bills want to sell the fan a ticket to all eight home games, illustrate what price must they charge?
b. Assume the Bills have the chance to offer a season ticket that is good for all eight home games, a partial season ticket that is good for four home games also tickets to individual games. Illustrate what price should they charge? Illustrate what is their revenue?
Illustrate output quota q1 would the typical firm have to be limited. Explain how much would it like to produce.
At what level of output are total profit maximized. Illustrate what price will be charged.
both the short run and the long run assuming that the government takes no action in response to the oil price increase.
If the Boca Raton Company has only one rival also if its rival too makes such a declaration does this change payoff matrix? If so, in illustrate what way.
Despite being globally branded, Unilever still tweaked the Dove campaign from country to country. Elucidate why did it do this. What does this tell you about national differences in consumer behavior.
Outline any two reasons, why the marginal revenue product differs between workers in different jobs.
Can you find a Nash equilibrium in pure strategies that is not efficient. In some legislatures, proposals for modifications of the law are formulated by committees.
Discuss in detail, the impact that currency movements are having on the economic data that you are collecting in Part A.
Expectations and consumer confidence are important in determining fluctuations in aggregate spending. In your opinion, what is the present status of consumer confidence.
You used this information in deciding to open a store. Your store Explain however has not come even close to these annual sales.
Illustrate what difference will it make to Sony pricing if clients have now become dissimilar?
A firm that finds it extremely expensive to monitor the output of each worker will likely pay its workers
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