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Assignment:
Write a short essay answering the following items:
1. What is price discrimination? Mention the three types covered during the lectures
2. Why do firms seek to implement some type of price discrimination?
3. What do we understand for versioning? Provide 4 examples of versioning. At least one should be different from the cases covered during the lecture.
4. In a graph show how price discrimination works when the good is offered in three different versions. Indicate the consumer's and producer's surpluses in the graph.
Suppose that the economy is such that a positive monetary shock reduces unemployment. Assume that the central bank likes a reduction in unemployment but dislikes an increase in in?ation. The public forecasts money growth from the government's opti..
Begun in February 2004, Mixi was the first online social network site in Japan. It was developed by Batara Eto (previously Batara Kesuma) who was born in Medan.
Suppose that the economy's production function is Y = 2K 2AN that the saving rate, s, is equal to 16%, and that the rate of depreciation, d, is equal to 10%. Suppose further that the number of workers grows at 2% per year and that the rate of te..
If the market for retail labour is competitive, explain the potential effect of a union on the wage rates. Draw a graph to illustrate your answer.
1 consider the following open-economyc 1000 08ydi 500g 400t 300ex 400im 005yda. compute the equilibrium output
Listen to the podcast ‘Norway's got advice for Libya'. Was Norway in a unique position to pass such policies? Why or why not?
Should Lebron James mow his own lawn? Most pro athletes are strong and capable of mowing their own lawns efficiently.
mathew has the utility function u vxy where y represents apples and x represents hot dogs income of 20 and is deciding
Assuming that Md=$Y(.85 - 3i) and income is $70Billion, the people hold 35% in currency, the reserve ratio is 12% and the monetary base
What is the profit-maximizing price and output level and Solve this algebraically for equilibrium P and Q and also plot the MC, D and MR curves and illustrate the equilibrium point.
Assuming an annual 15 percent turnover level of in-store workers and a 30 percent turnover level of online-focused employees, determine HR supply estimates over the next three years.
How many buyers are there? How many sellers? What is the product and/or service that is being sold? How are the prices set in the market?
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