Consider the market for the g-jeans (the latest fashion among people in their late thirties). gjeans are sold by a single firm that carries the patent for the design. on the demand side, there are nh > 0 high-income consumers who are willing to pay a maximum amount of vh for a pair of cjeans, and nl > 0 low-income consumers who are willing to pay a maximum amount of vl for a pair of g-jeans. assume that vh > vl > 0 and that each consumer buys only one pair of jeans. suppose that the g-jeans monopoly cannot price discriminate and is therefore constrained to set a uniform market price.

(a) draw the market aggregate-demand curve facing the monopoly.

(b) find the profit-maximizing price set by g-jeans, considering all possible parameter values of nh, nl, vh and vl. assume that production is costless.

What cylinder head operation is the technician performing in this figure?

Asmall town wants to build some new recreational facilities. the proposed facilities include a swimming pool, recreation center, basketball court and baseball field. the town council wants to provide the facilities which will be used by the most people, but they face budget and land limitations. the town has $400,000 and 14 acres of land. the pool requires locker facilities which would be in the recreation center, so if the swimming pool is built the recreation center must also be built. also, the council has only enough flat land to build the basketball court or the baseball field. the daily usage and cost of the facilities (in $1,000) are shown below. which facilities should they build? facilityusagecost ($1,000)landswimming pool4001002recreation center5002003basketball court3001504baseball field2001005

If a country is looking to increase economic growth quickly, it should: choose the correct answer from the following choices, and then select the submit answer button. answer choices focus on natural resources and develop physical capital. make investments from domestic savings and adopt new technology. increase spending on human capital and start a new political approach. develop new technologies funded by the public sector.