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Consider a firm with market power that sells suits. The firm has two types of customers, A and B. There are an equal number of customers of each type. Type-A customers are willing to pay up to $100 for a coat and up to $50 for pants. Type-B customers are willing to pay up to $75 for a coat and up to $65 for pants. Suppose for simplicity that the marginal cost of production is zero. If the firm practices bundling, then what is the optimal price for a suit (which is a bundle of the two products).
During a recession the government causally raise government spending
Find out at least two sources to help you solving the subsiquent questions about the air line company.
Describe the following from an economic perspective and give numerical examples:
Elucidate the relationship among the ratio of marginal utility and the price of each good consumed in consumer equilibrium.
Huntington suggests that the emerging global economy will increasingly be faced with violent clashes between civilizations. Elucidate what Huntington means by the term civilization and why such clashes may be expected.
Suppose that the interest rates in the U.S. and Germany are equal to 5%, that the forward (one year) value of the € is F$/€ = 1$/€ and that the spot exchange rate is E$/€ = 0.75$/€. Please answer the following questions by explaining all steps of ..
"K-12 and NCLB" Please respond to the following: Analyze the proposals for reform in the current K-12 system and determine which single proposal would be the most likely to succeed. Explain your rationale.
Tom earns $15 per hour for up to 40 hours of work each week. he is paid $30 per hour for every hour in excess of 40.
Find the optimal (profit maximizing or cost minimizing) output of each firm. Find the price that each firm charges at the when producing the optimal output.
You are to be part of a panel of three local person considered to have experience in international business.
Illustrate what are the concerns of common citizens on personal data such as medical transcriptions and credit card information in a foreign country where there are less stringent regulations on privacy.
Marlene will live for for more time duration. In the current period, she has the option of attending college.
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