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What are the strategies to monitor and manage goods & services (G&S)? QUESTION 27 27. Is it possible for the economy to be in macroeconomic

What are the strategies to monitor and manage goods & services (G&S)?

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QUESTION 27 27. Is it possible for the economy to be in macroeconomic equilibrium at a level of real GDP that is more than the potential level of GDP? Illustrate this Not yet answered using a 45. line AE diagram. (3 marks) Marked out of 3.00 You must write your answers in paper and take a photo of the hand-written answer to upload. Typewritten answers for this question will not be Flag question marked. Maximum size for new files: 100MB Files You can drag and drop files here to add them. Accepted file types Image files .ai .bmp .gdraw .gif .ico .jpe .jpeg .jpg .pct .pic .pict .png .svg .svgz . tif .tiff1. (20 points) You are the manager of a firm that produces products X and Y at 0 marginal cost. You know that different types of consumers value your two products differently, but you are unable to identify these consumers individually at the time of the sale. In particular, you know there are three types of consumers (1000 of each type) with the following valuations Consumer Type Good X Good Y 1 $90 $60 2 $70 $140 3 $40 $160 (5 points) What are your firm's maximum profits under separate pricing? b. (5 points) What are your firm's maximum profits under pure bundling? (6 points) What are your firm's profits if you charge $210 for a bundle containing 1 unit of product X and 1 unit of product Y but also sell the products individually at a price of $90 for product X and $169 for product Y? . (4 points) Which strategy is optimal from profit perspective? QUESTION 10 A decrease in consumption spending will result in a decrease in price level and a decrease in real GDP both in the short-run and long-run. Not yet answered Select one: Marked out of 1.00 O True Flag question O False Previous page Next

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