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Identify four (4) forms of price discrimination that various entities are subjected to in the consumer market.
Note: Please leave 1 blank line between each response.
You must:
Assume the U.S. currently grows 2.5 million tons of fresh winter fruit and that the resources absorbed in the production of this fruit could have produced 300,000 laptop computers. Therefore, the opportunity cost of producing 1 million ton of fresh w..
Which of the following people would be classified as unemployed?
Suppose that in addition to repairing your car, you can also spend money advertising. If you repair your car for Hours and spend A dollars advertising, your benefit (the amount you receive when you sell your car) is B(H,A)=220H-H^2+2A. What is your b..
There are two gravel suppliers in the Davis area, Hibbert (H) and Davis Lumber (D). They are engaged in Cournot competition, and face the same inverse demand curve for gravel, given by P = 60 - 5Q, where P is in dollars per cubic yard (yard, for shor..
Given the information below, create the fully labeled Crow's Foot ERD using a specialization hierarchy where appropriate (use Visio). The ERD must contain all primary keys, foreign keys, and main attributes. Business rules are defined as follows:
Which of the following is not an example of a barrier to entry? If a single firm monopolizes the market for rice then. Which of the following is a characteristic of monopolistic competition? Which of the following product markets is best described by..
Marketing strategies to reach consumers differ from strategies designed to reach businesses because ________.
Demand Analysis. KRDY-FM is contemplating a T-shirt advertising promotion. Monthly sales data from T-shirt shops marketing the "Listen to KRDY-FM" design indicate that: Q = 15,000 - 800P where Q is T-shirt sales and P is price.
After learning the basic estimation techniques in CH 4, which of the following regression models will you choose to explore how population and income determine the demand on pizza and estimate the “constant” income elasticity of demand on pizza?
Donna buys goods X and Y. She can just afford the bundle X = 6 and Y = 11. She can also afford X = 12 and Y= 8. Each of these bundles exhausts her income. Draw Donna’s budget line. What is the ratio of the price of x to the price of y?
A consumer deposits of $1,000 in currency into her checking account. The bank sets aside $200 aside as required reserves (i.e. assume a 20% minimum reserve requirement), and then makes a loan of $800 to a new borrower.
Indonesia’s production function is Y = AKαL1-α. Assume that A (technology) = 1 and α = .33. Additionally, Indonesia’s investment/savings rate is 10%. Indonesia has 50 units of capital per worker and a constant depreciation rate of 3%. Assume that Ind..
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