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Question: AT&T Moves Away from Unlimited-Data Pricing AT&T said it will eliminate its $30 unlimited data plan as the crush of data use from the iPhone has hurt call quality. AT&T is introducing new plans costing $15 a month for 200 megabytes of data traffic or $25 a month for 2 gigabytes. AT&T says those who exceed 2 gigabytes of usage will pay $10 a month for each additional gigabyte. AT&T hopes that these plans will attract more customers.
a. Explain why AT&T's new plans might be price discrimination.
b. Draw a graph to illustrate the original plan and the new plans.
Gary knows very little about the difference between makes and models. How could he use market signals, reputation, or standardization to make comparisons?
Determine the equations for AFC (average xed cost), AVC (average variable cost), ATC (average total cost), and MC (marginal cost). Graphically illustrate the relationships to one another. EMBA 504: Strategic Competitive Analysis
As the leader of an oil-exploration drilling venture, you must determine the least-cost selection of 5 out of 10 possible sites. Formulate an integer program to determine the minimum-cost exploration scheme that satisfies these restrictions.
Farm laborers in the United States are sometimes paid by piecework, for example, a fixed amount for each basket of fruit that they pick from an orchard.
Since a monopolist has some discretion over the price of its product, how is it possible for this firm ever to experience a short run loss? specifically, why can’t the firm simply charge a price that always exceeds its cost?
Suppose that flashlights are a private good. Vlad's demand for flashlights is Q = 25 - P. What is the equation for the Social Marginal Benefit curve
What factors determine equilibrium price and quantity in a market and what policies can you suggest to cope with this problem?
There are two types of used cars on the market: Lemons and Cherries. Lemons are worth $200 to sellers and $600 to buyers. Cherries are worth $800 to sellers and $1200 to buyers. Buyers know how many cars of each type are available for sale, but they ..
Examine the factors that determine the price of computers in a free market.
Taking measurements of the slope of a curve at three points farther and farther to the right along the horizontal axis, the slope of the curve changes from -0.3, to -0.8, to -2.5, measured by the point method. Draw a schematic diagram of thi..
Analyze any comparative advantages and international trade opportunities. Explain the factors that will affect demand, supply, and prices of that product
ECONOMICS 200 - Briefly draw the evaluation together in a short concluding paragraph and Your analysis should use economic concepts you have learned in class
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