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Explain which advanced pricing techniques would be most appropriate for each of the following firms. A complete explanation should be at least 50 words for each section.
1. Microsoft which offers student versions, household versions, and business versions of their software.
2. A car dealership.
Where does the national unemployment rate stand relative to the Natural Rate of Unemployment
Illustrate what does such a combination mean to this economy. Explain in detail being sure to discuss such a combination relative to resource utilization and efficiency.
Explain why this phenomenon may be a good thing, using the laws of supply and demand to explain your answer.
A perfectly competitive firm has the cost curves drawn in the following diagram. If the firm's output sells for $16 per unit, what is the firm's profit-maximizing output? Why?
If the number of tomato growers in the market increases, the supply:
If a country is producing efficiently, it will produce __________ its production possibilities curve. If a country is producing inefficiently, it will produce ___________ its production possibilities curve.
The car company pays 40,000 to the steel company to buy the steel and pays its workers 40,000 to make the cars, which were then sold to consumers for 120,000. Using the production gof final goods approach, how much is the GDP in this economy?
If your rival advertises and you do not, you will make $1 million and your rival will make $3 million. Does rival have a dominant strategy. What is Nash equilibrium for one-shot game.
Describe the international monetary system known as the Bretton Woods system, or the gold exchange standard that existed from the mid 1940s to the early 1970s.
The figure below shows cost curves for a perfectly competitive firm. Answer the next 3 questions using this figure: Suppose that market price is $2.60.A firm producing 800 units of output. A profit-maximizing firm will break even when market price is..
Suppose the short-run Phillips Curve shifts from SRPC1 to SRPC3. At a 5% inflation rate, will the unemployment rate increase or decrease? By how much?
How much the person should must get? And is it taken from any person who works in US? My country is paralyzed to impose this tax due to oligarchs heavy influence. I just wanted to gain some knowledge.
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