Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Assume that a seed company supplies GM seed to farmers in the US and farmers in Argentina and faces the following demands: DUS: PUS=80-2QUS and DAR: PAR=50-QAR where DUS is the demand in the US and DAR is the demand in Argentina. Further assume that the firm’s marginal and average cost of production are MC=AC=$20/unit – the same in both countries –and that it can prevent resale of seed between the two countries. The company cannot observe the willingness to pay of every individual farmer in either country but it groups farmers according to the country in which they belong, i.e., farmers in Argentina form one group and farmers in the US form another group. Use the above information to answer the following questions.
a. Solve for and graphically show the market equilibrium in the US and Argentina assuming that the firm maximizes profits in these markets by employing 3rd degree price discrimination.
b. Compare the profits the firm realizes in these two markets.
c. What is the Lerner Index of monopoly power in each market? What is the price elasticity of demand and what does it show?
An aircraft company has signed a contract to sell a plane for $20 million. The firm buying the plane will pay for it in five annual payments (at year end) of $4 million. If the firm's cost of capital is six percent, what is the net present value of t..
Elucidate what percentage of the variation in salary is explained by this model. Describe the point estimate of salary for a teacher with 20 years of experience.
Describe the effects of tariffs not shown by partial equilibrium analysis. Explain how social, political, and economic institutions interact with one another. You may explain by using an example, if you wish
Find out and read two articles about a recent controversial issue involving either the Federal or state government and eminent domain.
In a one shot game, if you advertise and your rival advertise, you can each earn $5 million in profits. If either of you advertises, you rival will make$4 million and you will make $2 million. Identify and dominant strategy your rival has?What is the..
Suppose the UN has two pure strategies: It can either inspect facilities X and Y (both of which are geographically close to each other) or inspect facility Z. Find a Nash equilibrium in mixed strategies.
What was the accounting profit for the new business. What was the economic profit or loss. Explain your calculations for both questions.
Pepsi uses advertising to create the impression that Pepsi is superior to any other soft drink. Pepsi is attempting to:
A corporation just issued a 10 year, zero coupon bonds having a YTM of 10%. Under current tax law, how much interest can the corporation deduct in the first year?
Assume quantity theory of money holds with constant K and Kf. Suppose Mexico wants to stabilize the exchange rate of its currency with US dollar (dollars/peso). If Mexico has a real GDP growth rate of 6%, what is the money supply policy Mexico should..
Which of the five characteristics listed in the text for human service professionals do you think is most important? Explain why.
Two firms are considering going out of business and selling their assets. Each considers what happens if the other goes out of business. The payoff matrix below shows the net gain or loss to each firm.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd