Latest Articles
Is Imitation a Flattery or a Ripoff? (1/10/2007)
High-end-orientated garment fashion designers leave a lot of money on the table for the knockoff competitors.
High-end-orientated garment fashion designers leave a lot of money on the table for the knockoff competitors.
Bundling - flash (10/20/2006)
By selling goods in bundles with a lower bundle price than the sum of the prices sold separately, mixed bundling could increase total net revenue when demands are mostly negatively correlated and price discrimination is impossible.
By selling goods in bundles with a lower bundle price than the sum of the prices sold separately, mixed bundling could increase total net revenue when demands are mostly negatively correlated and price discrimination is impossible.
Complements and Substitutes - flash (9/26/2006)
Complements and substitutes illustrate the difference between changes in quantity demanded vs changes in demand.
Complements and substitutes illustrate the difference between changes in quantity demanded vs changes in demand.
Short-run supply curve for price taker (9/23/2006)
Short-run supply curve for the price taker is its marginal cost curve above the shut-down point.
Short-run supply curve for the price taker is its marginal cost curve above the shut-down point.
Meaure profit with P and ATC - positive profit for price taker (9/23/2006)
Profit for price taker can be measured by comparing price and average total cost.
Profit for price taker can be measured by comparing price and average total cost.
Surplus under Single-pricing vs Price Discrimination (9/23/2006)
Comparing economic surplus under single pricing vs price discrimination.
Comparing economic surplus under single pricing vs price discrimination.
Measure Profit with P and ATC – No Profit for Single-pricing Searcher (9/23/2006)
Measure profit with P and ATC – No profit for single-pricing searcher.
Measure profit with P and ATC – No profit for single-pricing searcher.
