Explain what information reveal to you about their economies
Problem
Research three countries to find their Gini coefficient. (The World Bank has this type of information.) Explain what this information reveals to you about their economies.
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Research three countries to find their Gini coefficient. Explain what this information reveals to you about their economies.
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At the price, it will sell a quantity Qm = a-bc/2. If apple can maintain the separation between the two markets, what price will it charge in the U.S?
Now suppose that U.S. American can buy their iphone from online Canadian retailers. How much should apple charge now for an iphone in the U.S? Show work.
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