Macroeconomics (MindTap Course List)
Macroeconomics (MindTap Course List)
10th Edition
ISBN: 9781285859477
Author: William Boyes, Michael Melvin
Publisher: Cengage Learning
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Chapter 5, Problem 11E
To determine

To explain:

    Consumption$400
    Imports$10
    Net investment$20
    Government purchases$100
    Exports$20
    Capital consumption allowance$20
    Statistical discrepancy$6
    Receipts of factor income from the rest of the world$10
    Payments of factor income to the rest of the world$13

The gross investment of the economy.

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You are the manager of a monopoly that sells a product to two groups of consumers in different parts of the country. Analysts at your firm have determined that group s elasticity of demand is while group s is Your marginal cost of producing the product is $ a Determine your optimal markups and prices under thirddegree price discrimination. b Identify the conditions under which thirddegree price discrimination enhances profits.
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Demand and supply function
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