1. Explain the effects of low price-guarantee on the price. 2. What do you understand by discriminatory monopoly? Bring out the conditions that enables the monopoly firm to charge different prices for its product in different markets.

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A: The answer is as follows:-

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A: GDP is defined as the total production of all goods and services within territory of the country in…

Q: what is the 3  disadvantage of adopting a single currency ?

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Q: Question 38 If you go to the bank and notice that a dollar buys more Ghanaian cedis than it used to,…

A: A strong dollar is one that can buy more than its counterpart in another Ghanaian currency.

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A: The government bookkeeping system that analyses the health of an economy, expected growth, business…

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A: Annual interest rate (r) = 3.9% Minimum down payment = 10% of 208,556  =10100×208,556=20,855.6…

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A: Answer: Double coincidence of wants refers to the situation where both the parties get what they…

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A:

Q: 10.)Suppose that Jacques, Julia, Cat, and Guy are potential suppliers of catering services for…

A: 10) Given Information, Suppose that Jacques, Julia, Cat, and Guy are potential suppliers of catering…

Q: 1.) Consider the market for plastic grocery store bags. Suppose that demand for these bags is given…

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Q: Using a diagram carefully explain the economic cost of tariffs.

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A: A minimum wage is the lower limit on the wage rate that is implemented by the government.

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A: An indifference curve basically refers to a graph that depicts the combination of two commodities…

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A: Disclaimer- “Since you have asked multiple question, we will solve the first question for you as per…

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A: here we find the correct option of  the following as follow

Q: Price Level AS P1 P2 AD AD'

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A: To find the nash equilibrium strategies using the best response method where we underline the…

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A: In a closed economy, there is presence of government but no foreign trade.

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A: Money means the medium of exchange.

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A: c and d part only))hand written plzzzzz...othereise skip

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A: * SOLUTION :-

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A: * SOLUTION :-    From the given information the answer is provided below as,

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A: 1.Following the oil shocks of the 1970s, many conventional patterns were disrupted. The governments…

Q: Using the following concepts, explain why price and quantity demanded have an inverse relationship.…

A: We have inverse relationship between price and quantity demanded.

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Q: ._______ Income that is left after savings, food, clothing,and housing are paid.

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Q: Outline at least 5 key features of the classical economic thought

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A: Since you have posted a multiple question, we will solve first question for you. If you want any…

Q: D7) Federal Reserve and their impacts on our economy.   Role of Federal Reserve in Economy

A: D7) Federal Reserve and their impacts on our economy.   Role of Federal Reserve in Economy

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Q: The inverse demand for Harlby Davidson motorcycles is given by: P = 40,000-10Q where Pis the price…

A:

Price Discrimination

Price discrimination or differential pricing is based on the principle that the seller will charge the buyer a price based on the buyer’s ability and willingness to pay for the product rather than applying uniform pricing for all.