Issues in Liner Shipping, explains the nature and the pricing methods in container shipping, namely average cost pricing, marginal cost pricing, and price discrimination. In each of the following situations, identify the most relevant pricing method(s) and justify your answer. a) The liner shipping company has substantial market power in the region it serves but […]
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Define real and nominal GDP. Which form of GDP (real or nominal) do you believe should be utilized when assessing the performance of the US economy over time? Why? Locate GDP data and provide a link to your source. Given this information, how do you think the US is doing with respect to GDP? Explain […]
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Create a communication information system for a company with using Red-Black Tree Method. Inthis system the users are allowed to search an employee from employee’s registration number(id)and retreive the department number(id) and that employee’s internal phone number. Also, if theemployee they are looking for is not in the tree, they can add it. (in accordance […]
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Suppose the U.S economy enters a recession and incomes fall. What will happen to the equilibrium prices and quantities of inferior goods? If price stays the same would that be equilibrium? Why or why not? What will eventually happen in th3 market? What happened to equilibrium price and quantity? Which quantity is affected and how […]
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