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Oil Price Shock/Price Discrimination
1. What did the USA do (like other countries as well) after the first "oil price shock" to become more independent from the OPEC oil?
2. What is "Third Degree Price Discrimination"? Name a practical example.
Many would consider the US Postal Service a publically good. Is this assumption valid.
Important information about Equivalent yearly Worth. With an interest rate of 10% per year and given the following estimates, the annual worth of alternative ''F'' is closest to
Compute the expected value (revenue) from each project. Compute the coefficient of variation of each project, and find out which project should the company choose. Compute the variance and standard deviation of expected value from each project.
According to your estimate, elucidate what happens to the Transit Authorityas revenue when the fare increases.
Your company is considering an investment project that will generate after-tax cash flows of $1,000 per year for the next three years (and then be scrapped, with no salvage value).
Consider a homogenous-product Cournot duopoly model in which Q is the market output-Determine the best-response function for each firm. Draw a diagram showing the two best-response functions.
A profit maximizing firm produces three products X, Y and Z. The firm has no costs. There are three customers 1, 2 and 3. What will be the price of each product if the firm decides to sell them separately?
In a closed economy without a government sector, consumption is determined as 80% of the income available to households. Investment is autonomous at a level of £450.
The macroeconomic environment discussing the effectiveness of the monetary stragies in the US.
What is the expected value of the company in one year, with and without expansion? Would the company's stockholders be better off with or without expansion? Explain. What is the expected value of the company's debt in one year, with or without expa..
Draw a graph of the UK labour market that shows the demand for labour, the supply of labour, and the real wage rate in 1973 and 2003. Draw a graph of the UK production function in 1973 and 2003. Make sure your graph shows potential GDP in both year..
Compute the elasticity of demand in going from 2 unit to 3 units. Is the demand elastic or inelastic in this range.
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