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Assignment:
Think about a product where there is price discrimination - that is, where different groups of customers have different levels of sensitivity to price. In many cases, this will be one group that is very sensitive to price and one group that is not.
Describe a product where you pay a different price than someone else in your life. Why are there different levels of price sensitivity? How do suppliers make less sensitive buyers pay a higher price?
a) Research the trade deal in 2000. Identify the leaders of China, the United States, and Canada at the time of the deal. Describe the deal providing reasons why each country would be in favour of the deal at the time. Illustrate what the deal was su..
Suppose you have $5,000 in savings when the price level index is at 100. What is the real value of your savings if the price level declines by 10 percent?
Post a real-world example of how a change in demand resulted in a change in the market price. Provide a second example of how a change in supply resulted.
Suppose that an increase in marginal tax rates on individual income affects both aggregate demand and aggregate supply. Briefly describe the effect of the tax increase on equilibrium real GDP and the equilibrium price level.
Identify at leasttwo resourcesoutside of your textbook that currently support this one difference. What are the implications and needs for this group?
What market structure best characterizes the market in which universities compete? How does this structure influence the university's pricing strategy?
A used car can be kept for two more years and then sold for an estimated value of $3000, or it can be sold now for $7500. The average annual maintenance cost.
MAT10706 QUANTITATIVE METHODS WITH ECONOMICS ASSIGNMENT. How much money should be in the superannuation account if she wants to earn $35,000 per year from the account after her retirement
Determine the possible circumstances under which the company should discontinue operations - your low-calorie, frozen microwavable food company to maximize profits. Provide a rationale for your suggestion.
Identify the market equilibrium if the industry operates under perfect competition and Identify the market equilibrium if the industry operates as a monopoly
A monopolist is deciding how to allocate output between two markets that are separated geographically. What are price, output, profits, and MR.
At what sales/output level will marginal costs (MC) reach a minimum and estimate the value of TVC for sales/output level 250,000 units, and calculate the 95% confidence interval for your estimate.
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