Question: Give some examples of third-degree price discrimination. Can third-degree price discrimination be effective if the different groups of consumers have different levels of demand but the same price elasticities? ...
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Question: After increasing steadily for several years, the LEI turns down by 0.5% one month. What other factors would you examine in determining whether to curtail your business plans ahead of any recession, and how long ...
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Question: Expected Utility question: A worker currently makes $1,200 per month waiting tables in Alabama. His friend in New York tells him that there might be a temporary job for him in New York that pays more. But, he w ...
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Question: In October 1987, the US stock market crashed, with the Dow Jones Industrial Average falling 508 points, or 22%, in a single day. Yet the economy continued to prosper, with real GDP rising faster in the four qua ...
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Question: If you were told the nominal exchange rate between Brazilian real and the US dollar is 1 real to 0.39 dollars, find the real exchange rate if you know the market basked of goods in the US is $95 and for the sam ...
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Question: What are the entry methods to foreign markets? Assume that your choice is export. When exporting to a market some advantages and disadvantages effect the company's decision. What are these advantages and disadv ...
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Question: Where formal cartels are illegal, what techniques can firms use to attempt to prevent "price wars" from breaking out and to maintain a price level in the market, which approximates the level that a monopolist w ...
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Question: According to the PIH, the ratio of permanent consumption to permanent income is uncorrelated with the level of income. Thus someone earning $5,000,000 per year would save the same percentage of their income as ...
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Question: Suppose the Fed were required to conduct monetary policy so as to hold the unemployment rate below 4%, the goal specified in the Humphrey-Hawkins Act. What implications would this have for the economy? The resp ...
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Question: Your executive team has asked you to be a mentor for a new MBA graduate who was assigned to accompany you on your next trip to Asia. As you begin your discussion with the new graduate, you sense that there are ...
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