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1. Airlines charge lower fares to flyers who make a Saturday night stopover, or who make flight reservations at least two weeks in advance. They charge even lower fares to standby passengers. Explain how these pricing policies relate to elasticity of demand.
2. Some stores give senior discounts and student discounts. Do these pricing policies relate to elasticity of demand in the same way that that the airline pricing policies above do?
Employees in a similar plant in southern California are observed to be lazy and unproductive. Discuss how alternative views of human behavior and motivation might suggest different explanations for this observed behavior.
Do you agree (1) that stock options were free, and (2) that this is the primary reason for paying executives in options? Explain.
marginal analysis for optimal decisionsquestion 1abc company believes that it can increase labor productivity and
The cross elasticity between Product A and Product B is 10. Do you think that Product A is likely to face an elastic or inelastic demand curve? Explain.
Provide two examples for the class to solve. One of a rational function and one of a polynomial function. Please provide directions for each example.
Find weakly dominated strategies for both Bob and Charles. Is bidding 0 a weakly dominated strategy for either player? Explain.
eBay quits bidding on your behalf once your maximum price is reached. Your best guess at the market value is $1,000. What should you bid?
How much gain, if any, must Emma recognize on the transfer? Must Laine recognize any gain? What basis does the partnership take in the property transferred by Laine?
1.Should regulators of utilities that have been privatised into several separate companies allow?
Alex Cohen is the general manager of the textile division in a large diversified company. Why do you think Alex took such an active role in supporting the drug division's request?
What is Marginal Propensity to Consume (MPC) and what does an MPC of 0.9 tell us about consumption and saving? Use an example to explain MPC
Evaluate the domestic and / or international factors that impact the issue, and the resulting impact to the U.S. economy and evaluate how the selected issue may impact a business' success within a global economy.
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