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Briefly describe price discrimination of the 1st, 2nd, and 3rd degrees. Also, state what conditions have to be fulfilled in order to use the different types of price discrimination by a monopoly firm.
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Describe what actions led to the tariffs being imposed. Explain if protectionist trade policies are at play in this instance. Explain what the impact of a quota instead of this tariff would be.
Draw the Supply and the Demand curves and find the equilibrium price and quantity. Calculate consumer surplus, producer surplus, and the dead-weight loss. Name three changes that would cause the demand curve to shift in this market
The manager of a coporate division faces the possibility of an audit every year. She prefers to spend time preparing if she will be audited; other wise, she would prefer to invest her time elsewhere. The auditor, who gets recognized for uncovering..
If they pursue this policy, what happens to the amount of investment in the economy? Graph a AD/AS model with sticky wages AD/AS model and explain with words how the Australian government with the help of the Reserve Bank could increase government sp..
Suppose the Tampa Bay Rays baseball team charges $10 bleacher seats and sells 250,000 of them over the course of the season. The next season, the Rays intends to increase the price to $12 and sell 200,000 tickets.k- what is the elacticity of dema..
Bridget has a limited income and consumes only wine and cheese. Her current consumption choice is four bottles of wine and 10 pounds of cheese. The price of wine is $10 per bottle and the price of cheese is $4 per pound.
evaluate the megatrend of demographics in the it field. give your opinion as to why it managers must understand this
find the current macroeconomic situation in u.s. e.g. is u.s. economy currently concerned about unemployment inflation
1. Explain Mill's description of the stationary state and how it differs from Smith and Ricardo's descriptions. 2. In what ways did the Utopian Socialists seem to influence the PE thought of John Stuart Mill
Assume the wage rate is $5 and the firm's fixed cost is 828. If demand for the firm's output is P = -3Q + 460- What is the firm's profit maximizing level of output and employment?
Describe briefly the form and stages of regional integration. Explain the pros and cons of regional integration.
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