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Pick a real-life rm that bundles products in some way. Describe how this pricing function is a form of price discrimination; in other words, why do some consumers effectively "pay more" for a particular product than other consumers do? Why is it a good pricing strategy for the firm?
Explain how is the United States doing in the most recent quarter compared to Japan, the Euro Area and Canada in terms of production and employment.
Describe the lower price alter the marginal utility you originally placed on the item.
Find information on GDP and its components and calculate the percentage of GDP for the following components for 1950, 1980 and 2005:
Illustrate what are the four stages of the Business Cycle. Compare and Contrast five internal and external Business Cycle theories.
What is the maximum per unit that sellers are willing to pay intermediaries if hiring them saves $8 transaction costs?
Does the fact that your bank keeps only a fraction of your account balance in reserve make you uncomfortable? Why do not people rush to bank and retrieve their money?
Explain how can rational thinking the above behaviors. How do your thoughts impact, if at all, your opinion of the theory.
Explain how the locations of each of the four curves graphed in question 7b would be altered if (1) total fixed cost had been $100 rather than $60, and (2) total variable cost had been $10 less at each level of output.
Discuss the appropriate discretionary fiscal policy that the government should adopt, given the above situation.
Theory Galbraiths of consumer demand has an important implication in terms of underallocation of resources to public goods.
Illustrate what would shoppers see when they shopped in Wal-Mart and the other "big box" stores that sell so many imported items
In each of the cases listed below determine what this consumer needs to do (in terms of purchasing X and Y) to maximizes their utility.
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