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Suppose the marginal cost in the worked out problem below is MC= 1 + 0.01Q, where Q is the total number of tickets sold (equal to the sum of student tickets and other adult tickets). How would the answer to the problem change? What will happen to the student price under price discrimination if the demand of other adults increases to= 1,800 - 100P? Why?
An automobile company is building a new factory in your town. what may be a positive externality of this event?
A bank in a mediumsized Midwestern city, Company X, currently charges$1 per transaction at it's ATM's. To determine whether to increase price,
Mia is the only seller of baskets to the people in this village. They purchase baskets according to the blue demand curve. Let's examine the sales revenue (which equals price times quantity) Mia would receive if she were to set the price somewhere..
Continue to assume that the U.S. government collects a 35% tax on all corporate profit earned in the United States and that the Mexican government collects a 20% tax on all corporate profit earned in Mexico.
Define monetary policy and discuss how (or if) interest rates affect the consumption in the chosen scenario. If this section is applicable, support your discussion with data that shows the relationship.
Williams and Westrich stock is currently selling for $15.25 per share, and the dividend is expected to continue.
Explain the purpose of rent control and the intended effect on consumers and suppliers of rental property. Does rent control achieve its purpose Using the Internet or the Virtual Library, give some detail regarding real-world experiments in rent cont..
1. below are first banks assets and liabilitiesfirst bankassets liabilitiesrate-sensitive assets 20 million rate
Describe what gross domestic product is and how it is measured. There are several transactions that are excluded from measuring GDP such as financial transactions, second-hand goods, etc
Based on the above graph, answer the following questions for a monopoly and a perfectly competitive firm. A. For the monopolist: i. Profit maximizing output = ii. ATC = iii. AR = iv. Price = v. Total Revenue = vi. Total Cost = vii. Profit = GE273
Assume that the economy is at full employment, interest rate is 4%, and money supply is $1,000. Suppose economy is experiencing a sudden rise in crude oil prices. A. Use the AS/AD model to show the impact of this event on equilibrium GDP and equilibr..
Identify whether the subsiquent issues are macroeconomic or microeconomic and explain why you categorized them in that way.
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