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A study by Brynjolfsson and Smith on retail price for books and CDs finds that price dispersion (weighted by market shares) is lower for internet retailers than for conventional retailers. Discuss why this may be the case?
If you are willing to pay for expedited handling, you can be paid in one month. Would you be willing to pay $50? $100? $200? More?
Do the relative salaries of humanities professors and football coaches at major state universities reflect the relative value of football and humanities? Do they reflect the number of years that professors and coaches must spend acquiring an educatio..
Compute the Weighted average cost of capital (WACC) assuming the firms cost of debt is 4% and the firms cost of equity is 13.3%.
Total fixed costs, Constant returns to scale occur when
Focus of the Final Paper In an effort to move the economy out of a recession, the federal government would engage in expansionary economic policies. Respond to the following points in your paper on the actions the government would take to address exp..
Assume that OPEC is made up of only two countries— Saudi Arabia and Kuwait. Each country can produce one unit of crude oil (a million barrels) at a cost of $1 million. The price of crude oil is determined by market demand, which is given by the follo..
Louisa is managing a training program for a major bank. She designs the following experiment to assess the effect of sleep on learning. A group of trainees is given a 3-hour session on some task, followed by a 2-hour test on what they have just learn..
What country is the United States' most important trading partner, quantitatively? With what country does the United States have the largest current trade defi
There was a time when milk consumption was considered healthy, but this is not true because the consumption of dairy products contributes to a surprising number
OJ Simpson used to be a much more popular actor than he is today. We would expect in the market for OJ Simpson autographs (today)... equilibrium price to go up and equilibrium quanity to go down? equilibrium price to go down and equilibrium quantity ..
A consumer has utility function given by u(x_1, x_2) = Squarerootx_1x_2. Suppose the price of good 1 falls from $5 to $2. while the price of good 2 and the consumer's income remain constant at $10 and $100, respectively. Find the substitution, income..
Nominal gross private domestic investment was $1888.0 billion in 2008 and rose to $2057.4 billion in 2009. The chain-weight price index for gross private domestic investment was 106.6 for 2008 and 110.3 for 2009, where 2005 was the base year. Calcula..
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