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Describe a price discrimination opportunity your chosen company faces or practices - direct, indirect, or bundling. What advice/recommendations would you give the company?
Graph the demand curve Q = 20 – 5P. What is the slope? What is the total value when the price is 2? The total expenditure? The consumer surplus?
Which of the following are reasons to expect that in a perfectly competitive market economy with no government intervention in the market for education there is an externality associated with education that makes people get socially inefficient amoun..
How harmful is the public debt? Are you concerned about the public debt? Why or why not? Was it wise for the government to use expansionary fiscal policy during the Great Recession even with the effect on the public debt? Do you feel that the benefit..
Illustrate what marketplace structure is more beneficial for Wonks to operate in also will this be the same marketplace structure which will benefit consumers.
If 500,000 of those unemployed are cyclically unemployed, what is the natural unemployment rate? Details please must be included. What is the law to calculate the natural unemployment rate?
Average Return The past five monthly returns for K and Company are 4.55 percent, 4.72 percent, -.65 percent, -.15 percent, and 9.30 percent.
What is the profit maximizing and loss minimizing solution for businesses not engaging in price discrimination? How would you expect an attractive and prestigious job to be compensated and what would an economist tell you? What does a competitive cap..
Refer to the figures of a monopolistic catfish farmer below: Instructions: Enter your responses rounded to the nearest whole number. (a) What is the highest price the monopolist could charge and still sell fish? What is total revenue at that highest ..
When ShorTech introduced its Quadrant mobile phone, it had few competitors and set a price of $500 when its marginal cost per unit was $350. The economics consulting firm it hired to estimate the demand elasticity confirmed this was the optimal price..
Explain how supply or demand be affected when the following things occur: Oranges- after a tornado Automobiles – after a major recall Spinach- after the FDA announces that spinach can prevent cancer Flu Vaccines – after technology was discovered to m..
Suppose that the public wishes to hold $0.35 in pocket money (currency and coin) and $0.25 in time and savings deposits. Suppose that banks wish to hold $0.20 for each new dollar of transaction money received. Suppose that $0.05 finds its way outside..
Will each of the following transactions be included in GDP for the United States? Explain why or why not
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