Consumers who put a high value on a service a. incur deadweight loss under either singleminusprice monopoly or perfect price discrimination. b. are better off under a singleminusprice monopoly. c. are indifferent between perfect price discrimination and a singleminusprice monopoly. d. are better off with perfect price discrimination.

Henry crouch's law office has traditionally ordered ink refills 55 units at a time. the firm estimates that carrying cost is 35% of the $11 unit cost and that annual demand is about 240 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal?

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

In north korea, a farmer’s income is the same as a dentist’s income. in a country with a mixed or market economy, the difference between those two professions might be more than 5 times different. how can you explain the fact that individuals doing the same work in different countries do not earn comparable salaries?