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Why is popcorn so expensive at the movies? Argue both that a high price for popcorn is price discrimination and then argue that it is not price discrimination. Identify all the factors that are or are not present, enabling price discrimination by the theatre owner.
Assume that private schools want to maximize profits and that the market for private schools is perfectly competitive.
Draw the demand curve and show the values of the price and quantity intercepts using the linear equation for Qx=28,000,000-Px divided by 1000.
Compute the output and price of wood working if it is produced under competitive condition without regulation. Determine the socially efficient price and output of woodworking.
Elucidate why would elasticity of demand be important to you in determining the products on which the taxes should be levied.
Illustrate what import also export means also give one example of every in fashion area. Conduct a test of hypothesis to conclude whether the mean attendance was more.
illustrate what would be the government spending multiplier. What would be the taxation multiplier.
A study noted that they charged a price for local telephone services that was roughly one-half of its cost of providing the services.
Is the long-run demand for a factor more, or less, elastic than its short-run demand? Explain why, and illustrate graphically.
What do you conclude about relationship between change in sugar price and change in candy price. Might this knowledge lead to improved forecasts.
Evaluate the third-party payment system and its effect on the consumption and provision of health care services. Determine the most problematic area and make the relative improvements.
Would the sales of pollution rights or certificates be an efficient means of allocating a given amount of pollution.
Explain why do you think it is important for managers to understand the mechanics of supply and demand both in the short run and in the long run.
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