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What conditions must exist for a firm to be able to price discriminate? Include examples within healthcare and references.
Country A has a population of 1,000, of whom 800 work 8 hours a day to make 128,000 final goods. Calculate each country's productivity and real GDP per person
What are the common patterns of converting people in prison to violent radical causes as posited by Mark Hamm? What does Hamm say lies behind most all prison conversions?
An injection molder is purchased for $500,000 for a large scale commercial operation. Its expected life is production of 2 million plastic wheels. Its salvage value is $1,000. Using the units of production method, calculate the depreciation rate per ..
Compare the two cases and summarize the effect of collateralization on the other terms of the loan. Does it increase or decrease the welfare of the borrower and the lender.
Compute the discount factor the lottery commission used to get the $18 million lump-sum payment?
On an international flight, you happen to sit across from the UN Secretary-General Ban Ki-moon (you were upgraded at the last minute). In casual conversation, he finds out that you have taken a course on Economic Development at the college level, and..
Price ceiling is the law that sets a maximum price below the equilibrium market price, but a price floor is the law that sets a maximum price above the market equilibrium price.
Should the Fed be more concerned about keeping inflation low or unemployment low? Please justify your answer. Please explain what the Fed's open-market operations are. Has the Fed changed the discount rate lately? If so, has it had an impact on the e..
A legal services firm processes routine documents for law firm clients in Ohio and Kentucky. Since Indiana law and procedures are similar, it is considering adding clients from that state. In making this decision, the company “allocates” one-third of..
No inflation stickiness: Suppose the classical dichotomy holds in the short run as well as in the long run. That is, suppose inflation is not sticky but rather adjusts immediately to changes in the money supply.
Explain how labour productivity is determined. In your answer address why human capital is considered to be so vital to lifting labour productivity levels.
If the money supply is growing at a rate of 6 percent a year, real GDP is growing at a rate of 3 percent, and velocity is constant, what will the inflation rate be?
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