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Copyrights provide authors with a monopoly.
a. What effect would eliminating copyrights have on the price and output of textbooks?
b. Should copyrights be eliminated?
if two people have cardinal utility functions person1 is utility xy and person2 is utility xy13 which bundle would
Assume that the following equations characterize a large open economy: (1) Y = 5,000 (2) Y = C + I + G + NX (3) C = 1/2(Y - T) (4) I = 2,000 - 100r (5) NX = 500 - 500? (6) CF = -100r (7) CF = NX (8) G = 1,500 (9) T = 1,000
Refer to the above data. If the product price is $25 at its optimal output, will the firm realize an economic profit, break even, or incur an economic loss How much will the profit or loss be How much will the profit or loss be
Perform regression with time fixed effects. This time include the fixed effects estimates in your answer. Are the results consistent with your reasoning about the entity-invariant variables?
Read Eye on Retailers' Costs on p. 365 and draw a graph to show how the retailers' cost curves would change if they introduced cost-saving self-checkouts.
Can you give an economic argument for when the defense of entrapment should be allowed?
Compute the new equilibrium.
Create your response, in the Assignment submission box below (not in the Comments field), as a journal or diary entry. Researching the musical Hair most likely will be needed
Interpret the estimated coefficients. Does the sign of each make sense? Compare your model in part (c) and part (h), which model performs better? What measures do you use to assess your model
A collateral bond with a face value of $5,000 was purchased by an investor for $4,100. The bond was due in 11 years, and it had a bond interest rate of 4% per year, payable semi-annually. If the investor kept the bond to maturity.
Suppose that individual demand for a product is given by QD = 8000 - 10P. Marginal revenue is MR = 800 - 0.2Q, and marginal cost is constant at $20. There are no fixed costs. The firm is considering a quantity discount. The first 300 units can be ..
A frim determines that X units of its product can be sold daily at P dollars per units per day is C(x) =120-1/2p and where the cost of producing X units per day is C(X)=10+30x A) Assuming that the production capacity is 40 units per day, determine..
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