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If you were a cable operator thinking of combining different channels into a single bundle. Do you combine "similar" channels into a bundle (IE, a bundle of sports channels, or of news channels), or do you combine "different" channels and why?
Assume that you are considering a 7-night vacation to Fort Walton Beach, Florida, in March. You estimate the total cost of the trip to Fort Walton Beach at $1,250, including discounted airfare. However, a resort at Myrtle Beach, South Carolina, is of..
Let X be the random variable with mean 10 and standard deviation 4 and Y be the random variable with mean 6 and standard deviation 2.
Males under the age of 25 must pay far higher auto insurance premiums than females in this age group. How does this fact relate to statistical discrimination? Statistical discrimination implies that discrimination can persist indefinitely, while the ..
What is the firms maximizing output level? and what is the amount of it's economic profit at this output level?
Use the following table to classify each explanation for the high rate as an instance of either adverse selection or moral hazard.
What are ways that the ebay/craigslist platform can reduce adverse selection or moral hazard problems?
The makers of academic books find that when they raise the price of the average book from $60 to $95, quantity demanded among students drops from 100 to 85. Among casual readers, quantity demanded drops from 80 to 35. Calculate the price elasticity o..
Discuss the rationale behind risk-based capital requirements.
Consider the identity S p−I = CA+D where S p is private sector saving, I is investment, CA is the current account surplus, and D is the government deficit. Show the above identity holds. Explain what the above identity means.
Consider the following distribution of income in a 12 person economy, with the modern urban wage=3, the traditional rural income=1 and the informal urban wage = 2: (1,2,3,1,2,3,1,2,31,2,1). the poverty line is at 1.3. What is the level of absolute po..
In "terms of economics" what are shortages, scarcity, choices, opportunity costs, wants and needs? Explain in detail. What are the forms of capital? Explain in detail3 What does mean Production possibility curve (PPC)? Explain in detail and give an e..
What is the Strategy towards Agricultural and Rural Development in Africa.
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