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Second-degree price discrimination is also known as
block rate setting.captures all consumer surplus.sets a different price for each customer.can only be used when customers can be segmented into groups.
Assume a manager of a profitable department store you're confronted with the pricing problem. You've two types of customers
How would a change in the nominal exchange rate affect competitiveness in the short run when prices are sticky and business executives and policymakers are often concerned about the competitiveness of American industry
If the product price is $4 per unit and the price of the factor of production is $80 per unit, the profit-maximizing quantity of the factor is____ unit(s).
Discuss why is it important to think that the holistic view of a student in terms of standardized assessment and how would the results of your interpretation effect educational decisions for the student?
What is the welfare loss in the labor market compared to the case where the engineer labor market is competitive?
Assume your elasticity of demand for your parking lot spaces is -.05, and price is $20/day. If your MC is zero, and your capacity at 9 a.m. is 96% full over the last month, are you optimizing?
IS THE SAVINGS INTEREST RATE OF INTERNET- ONLY BANKS HIGHER OR LOWER THAN THE RATE OF BANKS IN WHICH YOUR DEPOSITS(OR ANY LOCAL BANKS)?
Calculate the following for Brian and Kim's firm
The box industry was perfectly competitive. The lowest point on long run average cost curve of each of identical box producers was dollar four, and this minimum point occurred at an output of 1,000 boxes every month.
Determine how the following situations will affect the demand curve for ipods.
Explain the relationship between AP and MP. Be sure to use graphs to help support your answer. Calculate the MP and the AP for each worker
Price elasticity of demand, Income elasticity of demand and Cross elasticity of demand of toyota corolla car.
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