February 2016
Beginner to intermediate
500 pages
33h 40m
English
All exercises are available on MyEconLab; [&\*|=|answer&] at the back of this book; [&~bf~|eq|~norm~ ~normal~use~norm~&] of calculus may be necessary.
1.1 In the examples in Table 10.1 , if the movie theater does not price discriminate, it charges either the highest price the college students are willing to pay or the one that the senior citizens are willing to pay. Why doesn’t it charge an intermediate price? (Hint: Discuss how the demand curves of these two groups are unusual.)
1.2 As of 2015, the pharmaceutical companies Abbott Laboratories, AstraZeneca, Aventis Pharmaceuticals, Bristol-Myers Squibb Company, Eli Lilly, GlaxoSmithKline, Janssen, Johnson & Johnson, ...