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Let say the inverse demand curve for K-pop music is characterized by: P = 1- 1/100Q. Where Q is the number of MP3's sold (in thousands) and P is the price per song. Additionally all firms have a constant marginal cost of: MC = 0.10
(a) If the industry was perfectly competitive, what is the market equilibrium price and quantity?
(b) Draw the perfectly competitive industry (i.e. draw the inverse demand curve, MC and label the equilibrium price and quantity). Graphically and mathematically tell me what consumer and producer surplus would be
(c) Suppose that SM entertainment monopolizes the K-Pop industry, tell me what price and quantity this monopolist will charge
(d) On the same graph done in (b), depict the MR curve/ and the answer from (c). Now tell me graphically and mathematically what consumer and producer surplus would be under the monopoly structure
(e) Compare your answer in (d) and (b). How big is the deadweight loss of the monopoly?
Furthermore, the method executes only one price change, which occurs after a minimum cut is identified. The last iteration consists of an augmentation along the artificial arc (t, s)
Write a program that shows the distinction between child and parent process?
Resources: "Presentation Fundamentals" with Tatiana Kolovou on Lynda.com, Instructions for Completing a Video Technology managers look for three critical fundamental skills from the IT professions hired today:
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The Fibonacci sequence is: 1, 1, 2, 3, 5, 8, 13 . . . You can see that the first and second numbers are both 1. Thereafter, each number is the sum.
If the passwords don't match or the rules are not fulfilled, prompt again. Needs to include a method that checks whether a password is valid. The password must be 8 characters long, must have at least one uppercase and one lowercase letter, and mu..
How the results and intermediate steps for a translation of (20,40,-10), a rotation of 135 degrees about the z-axis applied to a starting point of (45,-95,20). Perform a separate operation applying scale with scale factors of sx=2.0, sy=1.6 and sz..
When adding a per-segment checksum to a segment, TCP and UDP include some fields in the IP layer before the segment has been passed to its underlying layer, the IP layer. How could TCP and UDP know the values in the IP header?
Predict the performance of receiver-initiated load sharing algorithm when entire system workload is generated at only a few nodes in the system instead of equally.
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Write a program that removes all vowels from a file ("disemvowels"). For example, Once upon a time! becomes nc pn tm!. Surprisingly often, the result is still readable; try it on your friends.
Graduation. It's believed that as many as 25% of adults over 50 never graduated from high school. We wish to see if this percentage is the same among the 25 to 30 age group.
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