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initially electricity is sold in new york at a competitive single price now suppose that new york restricts the
suppose that britain can produce 10 units of cloth or 5 units of food per day or any linear combination with available
suppose that society used the opposite of a rawlsian welfare function it tried to maximize the well-being of the
a monopoly has a constant marginal cost of production of 1 per unit and a fixed cost of 10 draw the firms mc avc and ac
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does it affect a monopolys profit if it chooses price or quantity assuming it chooses them optimally why cant a
mexico and the united states can both produce food and toys mexico has 100 workers and the united states has 300
peaches are sold in a competitive market there are two types of demanders consumers who eat fresh peaches and firms
a monopoly drug company produces a lifesaving medicine at a constant cost of 10 per dose the demand for this medicine
a monopoly chocolate manufacturer faces two types of consumers the larger group the hoi polloi loves desserts and has a
in addition to the hard-drive-based ipod apple produces a flash-based audio player its 512mb ipod shuffle which does
according to the california nurses association tenet healthcare hospitals mark up drugs substantially at tenets sierra
based on the information in the botox application what would happen to the equilibrium price and quantity if the
based on the information in the botox patent monopoly application what would happen to the equilibrium price and
many colleges provide students from low-income families with scholarships subsidized loans and other programs so that
in 2002 seven pharmaceutical companies announced a plan to provide low-income elderly people with a card guaranteeing
the 2002 production run of 25000 new thunderbirds included only 2000 cars for canada yet potential buyers besieged ford
disneyland price discriminates by charging lower entry fees for children than adults and for local residents than for
in 2005 apple introduced the mac mini g4 a miniature computer that weighs only 29 pounds but comes fully loaded with
to promote her platinum-selling cd feels like home in 2005 singer norah jones toured the country for live performances
can table 121 be modified so that the movie theater in solved problem 121 does not earn more by perfectly price
spensers superior stoves advertises a one-day sale on electric stoves the ad specifies that no phone orders are
in the spring of 2005 general motors shifted its auto discounting policy to regionally targeted rebates in which the