Consider a small, isolated town in which a brewery faces the following inverse demand: p = 15 - 0.33q. the brewery can produce beer at a constant marginal and average total cost of $1 per bottle. a. calculate the profit-maximizing price and quantity, as well as producer and consumer surplus and the deadweight loss from market power. b. if it were possible to organize the townsfolk, how much would they be willing to pay the brewery to sell beer at a price equal to its marginal cost? c. what is the minimum payment the brewery would be willing to accept to sell beer at a price equal to marginal cost? d. is there potentially a bargain that can be struck between the townsfolk and brewery? what would the deadweight loss be if such a bargain were struck?
under mandatory bargaining requirements, the union must apply the terms of contract equally to all bargaining-unit employees. there are different subjects that are available and open for bargaining. salary, benefits, contract and employment terms are all types of subjects that an employee can bargin to get what they want even if it's not initally offered. all mandatory subects directly impact an employees terms and conditions in a company.
macroeconomics is an economics branch that is concerned with the behavior, structure, performance, and decision-making of an economy as a whole. it tends to deal with high-level econometrics including those at a global scale. in contrast, microeconomics, tends to focus on how individuals make decision based on scarce resources.
thus, from these explanations, the correct answer for the question is (b) tightening the family budget, which is a form of microeconomics.
service orientation is the ability and desire to anticipate, recognize and meet others' needs, sometimes even before those needs are articulated
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