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1. Define the 3 types of price discrimination and explain why 1st degree discrimination is very difficult to practice. Provide 1 example where a form of 1st degree discrimination is practiced.
2. Explain the conditions necessary for a firm to practice 3rd degree price discrimination and using airline conditions as examples.
3. Wall-Mart offers to match the price of any competitor. Why is this guarantee not necessarily a benefit to consumers?
If you buy a new car the entire purchase is counted as consumption in the year in which you make the transaction. Explain briefly why this is in some sense an 'error' in national income accounting.
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Notice the following model of a bond market. In each situation given, describe what happens to the bond price and yield and why. The graph is price of bonds on the vertical axis and quantity on the horizontal axis. With Supply of bonds starting above..
Determine the profit maximizing output?
Application: Efforts at Containing Costs in Health Care
Which of the following statements best states the demand for agricultural commodities?
Write a 1,200 - 1550 word paper analyzing the use of databases in your organization. Address in your paper the following:Include what database applications are used (Microsoft Access®, DB2®, Oracle®, and so forth).• Conclude by proposing improvements..
find the current macroeconomic situation in u.s. e.g. is u.s. economy currently concerned about unemployment inflation
marsh company has other operating expenses of 240000. there has been an increase in prepaid expenses of 16000 during
In the floating rate model, a change in the exchange rate is supposed to adjust NX(net exports), until the economy reaches an equilibrium state. However, evidence shows that the exchange rate adjustment process takes years.
examine main competitive forces in the healthcare delivery system in your state and compare the major factors that
determine the amount of producer surplus generated in each of the following situations.a dustin tries to sell his old
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