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One practice that competitive companies use is "Price Discrimination" what it means is one group of our customers pays a different price than another customer group. One of the early examples was car makers charging different prices in different countries, so a BMW 328 might be $30,000 in Germany and $45,000 in the USA. Can you think of an example? Please explain in details
Describing Use a graphic organizer like the one below to describe the different types of union arrangements.
Under an efficient agreement, how should the parties decide the right-to-strike and reserved-work issues?
Draw a production possibilities curve (PPC) with an aggregate gauge of medical services Q, on the horizontal axis and an aggregate measure of all other goods and services, Z on the vertical axis. Discuss the implications of the following changes on t..
What (as a function of a and fJ ) are the profits of the first firm, the managers compensation, and the net profits (to the owner) of the second firm?
What factors influenced each of these decisions? Read the dissenting opinions as well. Explore to what extent political ideology influences constitutional law. To support your points, identify specific examples in the language of both the decisions a..
Compare the formula for calculating the present value of the payments you will receive from owning a bond to the formula for calculating the present value of the payments you will receive from owning a stock. What are the key similarities? What ar..
The objective of the Individual Essay is to illustrate the application of economic concepts and theories to a real-world issue
Use the first order conditions for profit maximisation to show that a monopolist will never produce on the inelastic portion of his demand curve.
If the price level is above the equilibrium price level, how does the aggregate quantity of goods and services demanded compare to the aggregate quantity of goods and services supplied at the price level? Is this a condition of equilibrium? If no..
Presume that Kim K decides to spend $30,000 on an American made purse instead of donating it to Haitian earthquake relief. Suppose that the multiplier is 1.2. How much will GDP rise when Kim K buys her purse according to the multiplier effect?
How would you conclusion change for the winter months, if bad weather makes it likely for traffic jams on the highway to increase to 6 days per month?
Does the protection of one domestic industry harm another? Provide specific pro and con. After you provide pro/con which do you choose and why - Why does comparative advantage matter more than absolute advantage for trade?
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