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1.Differentiate the degrees ofprice discrimination by giving examples from your practical life.
2. The fuel prices are goingdown internationally. But the benefit is not being shared by the consumers.Why?
Consider the "Beauty Contest" or guessing game experiment. Everybody picks an integer between 0 and 100 inclusive, and the winner is the person who picks closest to 2/3 of the average pick. a) What picks are ruled out by the idea of one level of it..
What is the monopolist's profit-maximizing rate of production?What is the monopolists's profit-maximizing price?
Assume the country is in a budget deficit and carrying a very large debt. Discuss the dangers of a high debt to GDP ratio and a growing budget deficit. Would this change any policy changes you discussed in Part 1?
Marlene will live for for more time duration. In the current period, she has the option of attending college.
Suppose Ke, the required rate of return, goes up to 12 percent; what will be the new value of Po?
Price comparison services on the Internet (as well as "shopbots") are a popular way for retailers to advertise their products and a convenient way for consumers to simultaneously obtain price quotes from several firms selling an identical product...
Distinguish between explicit and implicit costs, giving examples of each. What are the explicit and implicit costs of attending college Why does the economist classify normal profit as a cost Is economic profit a cost of production
With base year 2002, the CPI in 2011 and 2012 were 240 and 250, respectively. If a flat screen TV cost $1164 in 2011 and $1200 in 2012, was the flat screen TV more expensive in 2012?
Let's take a closer look at ERP and CRM solutions. How do these type of solutions improve business efficiency and help meet some of the goals and objectives of using e-com to streamline business functions
Supply-side economists and monetarists were very worried about the plan and the support it received from the Fed. What specific problems might a monetarist and a supply-side economist worry about?
In perfectly competitive market a company typically has short run average total cost curve and marginal cost curve of;
Elucidate and discuss if and how this has changed over the past 5 years. Write a brief description of the fiscal policy of the United States.
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