User Account

All Pages

By how much does alan gain from this particular discount

Assignment Help Microeconomics
Reference no: EM13299356

Students at the University of California, Los Angles, enjoy select privileges. One is a good education at a low price. Another is California’s unbeatable weather, and a third is access to discounted movie tickets. Suppose a student, Alan, buys 12 tickets a year at $7 rather than the full price of $10. By how much does Alan gain from this particular discount scheme?

Reference no: EM13299356

Questions Cloud

Prepare a multiple-step income statement : Prepare a multiple-step income statement combined with a reconciliation of retained earnings for the year ended December 31, 2008.
Explain the enthalpy change resulting : In the temperature range from 40 K to 90 K, a certain amount of liquid has a temperature dependent heat capacity that is given by Cp = 18.5 J K?1 + T × 0.24 J K?2. Determine the enthalpy change resulting from heating this sample from 58.0 K to 72...
What is the speed of the laser beam relative to the earth : As a rocket passes the earth at 0.75c, it fires a laser perpen­dicular to its direction of travel, What is the speed of the laser beam relative to the earth
Determine how many lamps are required for a peak flow : A membrane biological treatment plant effluent must be disinfected to what level prior for use as unrestricted recycled water. For a flow of 4 mgd and peak flow of 6 mgd, how many lamps are required
By how much does alan gain from this particular discount : Students at the University of California, Los Angles, enjoy select privileges. One is a good education at a low price. Another is California’s unbeatable weather, and a third is access to discounted movie tickets
State what concentration of this base will produce a ph : A certain weak base has a Kb of 7.80 × 10-7. What concentration of this base will produce a pH of 10.16
Determine energy that must be delivered by motor to pump : A pump, which has an efficiency of 75%, adds 15 m of head to the flow of 20 L/s of water through a 100 mm diameter pipe. determine The energy that must be delivered by the motor to the pump
Calculate the end correction constant : a 50.0 cm open-open tube 6.0 cm in diameter has a measured f1= 304 Hz. calculate the end correction constant from these data.
What is the accumulated sum of each of the following streams : What is the accumulated sum of each of the following streams of payments?

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd