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Post your response to the following questions Can the practice of price discrimination be considered universally fair or universally unfair? Use the provided literature and video materials (or other resources) to defend your position. Explain how you define “fairness” in the context the interaction between consumers and producers on markets. If you believe price discrimination cannot be thought of as being fair or unfair in all circumstances, provide one example in which in your view the practice of price discrimination is fair and one example in which price discrimination is unfair. Should price discrimination be outlawed? Explain.
The United States is experiencing a recession and Congress decides to adopt an expansionary fiscal policy to stimulate the economy.
q.suppose that we modify the solow growth model by allowing long-run technological progress. that is suppose that z 1
A very small economy has a population of 1,000 people who work. Of these , 800 have jobs and 100 are looking for work. The rest are willing to work but have given up looking because they haven't been able to find work for a long time. What is the siz..
Gina Robertson is a sales representative with Coast-to-Coast Trans, a company that provides full service chartered flights—airplanes, pilots, staff, and services—to client groups. She has just closed a large sale of several flights each week for four..
This year before a major earthquake adversely affected the production capacity in Nepal, the country's economy was working at its capacity level and inflation and growth rates were following their normal and stable paths at 2% and 4%, respectively. W..
Explain how changes in prices result in a downwards sloping demand. Explain how changes in prices result in an upward sloping supply. What will happen when consumer demand equals producer supply?
In the U.S. health expenditures on drugs amount to about 10% of total health expenditures. In Japan, where physicians are legally permitted to sell pharmaceuticals, national expenditures on drugs are almost double the level in the U.S. Discuss how th..
Kristen and Anna live in the beach town of Santa Monica. They own a small business in which they make wristbands and pot holders and sell them to people on the beach. As shown in the table, Kristen can make 15 wristbands per hour but only 3 pot holde..
What happens to the regression F value if R2 decreases holding everything else constant?
If you deposit $2000 in a bank and if the annual interest rate is 2% in year 1 and 5% in year 2 and 8% in year 3, how much money will you have in your account at the end of year 3 if you don’t withdraw any money from this account? Explain your answer..
Economic inequality compares the share of the _____ in society that is received by different groups; such as comparing the share of income received by the _____ to the share of income received by the ______.
Determine the optimal number of plants that the firm should have to take full advantage of the market demand. Calculate the firm's profit.
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