EBK MACROECONOMICS
7th Edition
ISBN: 8220106812686
Author: O'Brien
Publisher: PEARSON
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Chapter 19, Problem 19.1.2RQ
To determine
The exchange rate under the gold standard and the difference between the Bretton Woods system and the gold standard system.
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A movie theater is showing two different movies: a Hollywood blockbuster (with 100 customers willing to pay $10 for a ticket, and 100 willing to pay $8) and an independent film that attracts 50 film buffs, willing to pay $20 each. Marginal costs are zero and neither movie can fill theater capacity. What is the theater's maximum profit if it cannot price discriminate (it must charge the same price for both movies) and if it can price discriminate (it may charge different prices for different movies)?
a. $2,000; $2,600
b. $1,500; $2,100
c. $1,500; $2,000
A movie theater is showing two different movies: a Hollywood blockbuster (with 100 customers willing to pay $10 for a ticket, and 100 willing to pay $8) and an independent film that attracts 50 film buffs, willing to pay $20 each. Marginal costs are zero and neither movie can fill theater capacity. What is the theater's maximum profit if it cannot price discriminate (it must charge the same price for both movies) and if it can price discriminate (it may charge different prices for different movies)?
a. $2,000; $2,600
b. $1,500; $2,100
c. $1,500; $2,000
What profi is most important in business ?
Chapter 19 Solutions
EBK MACROECONOMICS
Ch. 19.A - Prob. 1RQCh. 19.A - Prob. 2RQCh. 19.A - Prob. 3RQCh. 19.A - Prob. 4RQCh. 19.A - Prob. 5RQCh. 19.A - Prob. 6RQCh. 19.A - Prob. 7PACh. 19.A - Prob. 8PACh. 19.A - Prob. 9PACh. 19.A - Prob. 10PA
Ch. 19.A - Prob. 11PACh. 19.A - Prob. 12PACh. 19.A - Prob. 13PACh. 19.A - Prob. 14PACh. 19.A - Prob. 15PACh. 19.A - Prob. 1RDECh. 19 - Prob. 19.1.1RQCh. 19 - Prob. 19.1.2RQCh. 19 - Prob. 19.1.3PACh. 19 - Prob. 19.1.4PACh. 19 - Prob. 19.1.5PACh. 19 - Prob. 19.1.6PACh. 19 - Prob. 19.2.1RQCh. 19 - Prob. 19.2.2RQCh. 19 - Prob. 19.2.3RQCh. 19 - Prob. 19.2.4RQCh. 19 - Prob. 19.2.5PACh. 19 - Prob. 19.2.6PACh. 19 - Prob. 19.2.7PACh. 19 - Prob. 19.2.8PACh. 19 - Prob. 19.2.9PACh. 19 - Prob. 19.2.10PACh. 19 - Prob. 19.2.11PACh. 19 - Prob. 19.2.12PACh. 19 - Prob. 19.2.13PACh. 19 - Prob. 19.2.14PACh. 19 - Prob. 19.2.15PACh. 19 - Prob. 19.2.16PACh. 19 - Prob. 19.2.17PACh. 19 - Prob. 19.2.18PACh. 19 - Prob. 19.2.19PACh. 19 - Prob. 19.2.20PACh. 19 - Prob. 19.3.1RQCh. 19 - Prob. 19.3.2RQCh. 19 - Prob. 19.3.3PACh. 19 - Prob. 19.3.4PACh. 19 - Prob. 19.3.5PACh. 19 - Prob. 19.2RDE
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