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compare the optimal pricing scheme of the iPhone. Assume that there are equal numbers of each customer type, and that the MC of the iPhone is $100.
XYZ Steel has an inventory of steel that it originally purchased for $20,000. It currently has an offer to sell the steel for $30,000. Should XYZ Steel's management agree to sell? Explain.
Write a 700- to 1,050-word paper on the U.S. Federal Reserve's monetary policy that addresses the following points: Explain how the central bank manages a nation's monetary system.
Why does the government create monopoly power via its patent system, when elsewhere it spends millions trying to prevent the emergence of or regulate monopoly power?
How many fabricators should HHHHC buy when the real interest rate is 12% per year? 8% per year? Assume that there are no taxes and that the depreciation rate is still 20% per year.
Project acceptance criteria if the land cost is above $850,000. A developer recently offered US Airways $2.5 million for the land. Should US Airways build the training facility at this location?
How does your analysis of VMP (value of Marginal product) change if the employer is a monopolist producer of its output but a price take in the labor market?
In 1988, the average wage rate was $9.45 an hour and in 2008 the average wage rate was $18.00 an hour. The CPI in 1988 was 118.3 and in 2008 it was 215.3. Which real wage rate is higher?
Prepare a report for the management team of the doctor's group on your proposed $100 expenditure plan reflecting on the key course objectives including the financial, legal.
Look at the inflation adjusted data and identify the periods of negative real economic growth. What might have caused each of these periods of economic decline?
Working age population was 233, 410, 000 the labor force was 154,294,000 and employment was 146,089,000. Calculate for that quarter the labor force participation rate and the unemployment rate.
The amount of school supplies and cosmetic products that Janet will purchase.When she gets to the store, she finds the price of cosmetic products has fallen dramatically. How does this change his op
Who decides whether these particular products should continue to be produced and offered for sale? How do these decisions differ between capitalist and socialist systems?
What shape will the isoquants have for this production function? Does this production function exhibit increasing, constant, or decreasing returns to scale?
The analysis should only cover the period from the beginning of 2008 to the present, and make sure the most recent 2011 changes are addressed.
"Consider a two-good exchange economy with two individuals, A and B. A's preference is represented by uA(xA_1, xA_2) = 0.3*ln(xA_1) + 0.7*ln(xA_2), Calculate the demand function for A?
t =8.25 + 0.125t - 2.75D1t + 0.25D2t + 3.50D3t R2 = 0.789; Forecast Savings-Mart's sales for each of the quarters in 2010. Which variables of the model are statistically significant?
Write the demand equation for prescription drugs. What pricing strategy should the drug company use to increase their revenues, given the price elasticity of demand you obtained in question (4) abov
This year PX = $2, I = $4, PY = $2.50, Pm = $1, and A = $2. Find sales of CFC cornflakes this year. Calculate the elasticity of sales with respect to each variable in the demand function.
What is the arc price elasticity of demand for bottled water? What are some of the applications (uses) of the concept of price elasticity of demand?
How many units of X and Y should management produce if the firm expects an order that would require a total output of 6 units of both kinds of zippers (i.e. X+Y=6).
The manger of a firm can spend $700 on two activities, X and Y, that generate benefits for the firm. State the rule for constrained optimization for this problem. What is the total benefit at the opti