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problemsuppose that a pharmaceutical companys costs include factory workers wages researchers salaries chemicals
problem1 economists assume that firms have a goal to maximize profits is this a reasonable assumption for
problem1 suppose a monopolist discovers a way to perfectly price discriminate what is consumer surplus under this
problemfigure 14p-2 presents the demand curve marginal revenue and marginal costs facing a monopolist producera what is
problemsuppose a museum charges different entrance fees for children students adults and seniors but these groups all
problemsuppose that your state is considering a law that would force all monopolies to charge the efficient price that
problemsuppose that your state is considering a law that would force all monopolies to charge no more than their
problemsuppose you are advising a mayoral candidate in your town the candidates platform includes strong opposition to
problemuntil the 1980s atampt held a monopoly over the national market for phone services suppose that atampt argued
problemsuppose a monopolist has to purchase new equipment and his fixed costs increase explain what will happen to the
problemsuppose that an inventor discovers a new chemical compound that can change the color of peoples eyes with no
problemsuppose that a producer in a previously competitive market is granted the sole right to produce in the market
problemsuppose that de beers and the local water utility are both monopolists in the markets for diamond jewelry and
problemsuppose a city has a chain of fitness centers gyms all owned by the same company fit fun a new company is
problemif competition places discipline on costs motivating firms to innovate and find more cost-effective ways to
problemagain consider a similar problem to the one spelled out in but in this case the agents effort in each period is
problem1 describe the advantages and disadvantages of microlenders that are privately owned relative to cooperatives2
problem1 describe briefly what economists call a multitask agency problem and relate your answer to the case of
problemsome people have argued that mandatory health insurance could reduce health-care costs explain this argument
problemsuppose the government is thinking of requiring pharmaceutical companies to print the exact chemical formulas of
problem1 consider the market for life insurance give an example of statistical discrimination an insurer might use to
problemadvertising often features testimonials from satisfied customers who happily describe the characteristics of the
problem1 explain why joining a fraternity or sorority might include elaborate or difficult rituals2 walter wants to
problemthe type of market structure in which a firm operates will determine how it behaves in order to profit maximize
assignmentlength 2- 3 paragraph response with a minimum of 1 referencemy original postingwal-mart company and