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Consider sanitizing body wipes, please devise a price discrimination scheme intended to increase total sales revenue. Response to this question should offer another form of price discrimination for this product. In particular, you should describe the type of price discrimination to be used as well as the types of customers who will pay higher or lower prices. As well, you should consider the potential for resale among customers.
Suppose that in our economy represented by sectors A and T as described in class (A is capital intensive and T is labor intensive; both produce under constant returns to scale), there is a positive production externality (for instance knowledge spill..
A decrease in labor productivity and the real wage could be caused by:
Suppose that consumer’s utility is described by the following function: U(x;y) = x2y, where x is the amount of good X that the consumer consumes and y is the amount of good Y that the consumer consumes. Consumer’s income is 360 euros. Find the minimu..
For a normal distribution, identify the z-score location that would separate the distribution into two sections, as determined by the following percentages.
Changes in price dictate movements along demand curves. When a decrease in demand or the quality demanded occurs it’s a safe bet that its correlated to a price increase, which in turn leads to a resultant surplus of that particular commodity in the m..
The purchase cost of a copy machine is $5,000. Each year it costs $1500 on maintenance. After 10 years it will be scra pped for a salvage value of $800. What is the equivalent uniform annual cost (EUAC) of this copy machine with an annual interest ra..
shutdown point case average variable cost market price lt average total costnbspif the market price in the above
It seems that the information density and richness of the Internet and Web would tend to make markets more perfect. What are some continuing barriers to market perfection?
Suppose a chemical factory discharges waste products into a river resulting in significant damages to a local fishery. The marginal damage and the marginal abatement cost (MAC) are given by:
Today, you sold your shares at a price of $46 a share. What is your total dollar return on this investment?
Elucidate how do you compute the effective price reduction resulting from a coupon promotion.
There are many different types of oligopolies in the market economy. When we look at oligopolies they are selling similar products. Give an example of an oligopoly explain how they are different than a monopoly?
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