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Discussion 1.
Incorporate the concepts of game theory to international trade and tariffs. Set up two payoff matrices. Set up the first payoff matrix such that the outcome will be harmful to both countries. Set up the second payoff matrix such that the outcome will be beneficial to the United States. From your perspective as a consumer, evaluate the two matrices using current actions by each country to see which most likely benefits domestic consumers.
Discussion 2.
Explain a time you encountered non-uniform pricing, or price discrimination. Identify the type of price discrimination it was. Using the criteria necessary for price discrimination, evaluate how well that good fit price discrimination. Finally, evaluate the effect such price discrimination has on you and society.
Suggest one (1) pricing policy that will enable your low-calorie, frozen microwavable food company to maximize profits.
Can you show me the algebra steps to find the slope of MP curve is found by -0.0096L+0.8; MP is maximized at an output level Q=83.33?
(a) Determine the annual net cash flow after depreciation and taxes for years 1-5. (b) Determine the internal rate of return.
Shift the curve in the subsequent graph to show the effects of such a training program.
What will my initial deposit of $500 be if I deposit the $500 into a 3-year savings certificate at 5%interest, at the end of the second year, the bank
Suppose the demand for a new pharmaceutical drug, on which the manufacturer has a patent monopoly, is given by: Q(P,A) = (100 – P) ·A^0.5. Calculate the profit-maximizing price, advertising expenditure, and profits for the firm.
Calculate Sea Ready's component cost of equity using the capital asset pricing model (CAPM):Assuming a 40% tax rate, calculate Sea Ready's weighted average cost of capital (WACC).
What is the primary value of using GNI per capita, rather than GNI?
In hypothesis testing, which of the following means the tentative assumption about the population parameter?
What is Schumpeter's view of the role of the entrepreneur in the economy? How is Schumpeter's view of competition in the article different from the price competition you learned in your microeconomics course?
Subsequently, Gina found one of his dogs limping. On inquiry, he found out that both Kono and Dyo had continued getting water from his well. It transpired that
Illustrate what is the price elasticity of demand. What is the cross-price elasticity of demand. Suppose the price of the good, P, goes to $2.00.
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