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Question: Suppose a second-hand car dealer supplying good-quality cars offers a warranty for parts but not for service. Would that be sufficient to signal quality? Would they be better advised to offer a warranty for labour as well?
Describe the importance of cost of capital with respect to the actual financial problem of most manufacturing companies.
a firm is a monopoly with demand and cost functions given by p 200 - 2q and cq 2000 3q2 respectively. show your
Why would a chain such as Marriott tend to own its hotels in resort areas, such as national parks, where there is little repeat business and franchise hotels in down-town areas, where there is a lot of repeat business? Thinks of the reputation ..
What is the probability that the sample mean will lie between 950 and 1050 - What is the probability of examining 3 pages at random and nding no misprints?
market power may produce a level of output greater than its profit maximizing level of output to gain market share and block entry of new firms. What challenges does the firm face to sustain this practice?
Suppose Sundance Cinema is the only theater in Madison. The cinema owners know that there are three kinds of people in Madison: Students, Professors and Movie buffs. Given the above information, at what price will they sell movie tickets to student..
Explain what he has done wrong on each graph and what assumption of preferences is violated by each particular graph.
From the standpoint of current purchasing power (as measured by the CPI), which offer is the most attractive and why?
Discuss whether the company should consider the costs of purchasing the programming rights when it attempts to calculate the marginal cost of adding a subscriber in any area where it already provides service if the charges for programming are not ..
4.The opportunity cost of producing one more hot dog is $1.00. The price of a hot dog is $1.50. The producer surplus from selling one more hot dog is,The demand curve for hamburgers is the same as the,Markets may not achieve an efficient allocation..
Suppose a computer virus disables the nation's automatic tellter machines, making withdrawals from bank accounts less convenient. As a result, people want to keep more money on hand, increasing the deman for money.
Suppose there is a permanent rise in per-capita taxes, τ . Describe the transition path of and steady-state effects on capital, consumption and debt.
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