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Question: Pricing Some personal computer software is sold at special discounts to students. Other software is provided in a less powerful versions for students. Why do publishers offer discounts to students? What is the purpose of developing less powerful editions? Hint: price discrimination theory.
Evaluate the article using Economic concepts and explain how the above analysis supports your conclusion
Economists have long known that free markets are perfectly efficient. Consider Q1 in the graph, above. How much do consumers value one more unit of output.
Econ 111 - Principles of Economics - Accelerated Treatment - Second Midterm Examination - Fall 2013. Consider an economy with no international trade. One year, consumption spending C in this economy is C = 100 + 0.9Yd, Solve for the equilibrium level..
once your topiccompany of choice to research has been approved by your instructor based on your purpose statement
Higher levels of savings and investment lead to greater rates of economic growth. What can government do to encourage more savings and investment?
Explain the law of diminishing returns in your own words. This idea can be applied to other concepts in economics. Think about your own utility from consumption. Give a personal example of diminishing utility.
Suppose that two competing firms, A and B, produce a homogeneous good. Both firms have a marginal cost of MC = $50. Describe what would happen to output and price in each of the following situations if the firms are at (i) Cournot equilibrium, (ii) c..
visit and look at the housing and urban development hud website located at httpwww.hud.govlocate an article document or
What are the profit-maximizing price and quantity and what will be the profits at these price and output levels - what will be the profit-maximizing price, output, and profits? Who bears the burden of the tax? Why?
You have made the decision to pursue higher education. Describe the economist's view of how a decision like that is made. Using marginal analysis, make sure you evaluate the "rationality" of the decision.
What are the six defining characteristics of a perfectly competitive market - explain the shutdown decision - Why do firms in a competitive market earn zero profits in the long run - How many iPods would a perfectly competitive market produce?
suppose the currency in circulation is 600 billion the amount of checkable deposits is 900 billion and excess reserves
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