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 n^H >0 high-income consumers who are willing to pay a maximum amount of VH for a pair of CJeans, and n^L > 0 low-income consumers who are willing to pay a maximum amount of VL for a pair of G-Jeans. Assume that V^H > V^L 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.

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You and your new australian bride matilda, are applying for a loan and are required to submit a balance sheet with your net worth. you own a 2008 toyota camry that you bought last month for $9,995. the kelly blue book value for this car is $13,995. you owe $8,150 on the car loan for the camry. you pay off your visa credit card every month and have not paid any credit card interest this year. the current visa credit card balance is $3,522, and the next statement is due in 15 days. you have a student loan balance of $6,500. you presently have $425 in your checking account and $1,540 in your savings account. you own 100 shares of ibm stock that you purchased for $85.50 per share. one share of ibm is now selling for $158.42. you own computers and other electronics that you purchased for $4,100 but could probably sell today on e-bay for $1,800. your gross income is $80,000 per year. what is your current net worth? (see wb ch. 2 example 2.3)

What is free trade? a. trade that is not subject to taxes or fees b. trade that governments do not interfere with c. trade with a high level of government regulation d. trade between states in the u. s. b