A monopolist knows that if it expands the quantity of output it produces from 8 to 9 units that will lower the price of its output from $2 to $1. Calculate the quantity effect and the price effect. Use these results to calculate the monopolistâs marginal revenue of producing the 9th unit. The...
Doug the Pug. Doug the Pug is a Pug living in Nashville, Tennessee who has gained a large Internet and social media following. Born in Ohio, Doug made the move to Nashville as a puppy when his owner, Leslie Mosier, adopted him and brought him to his current home.
Dougy is a thirteen year old Aborigine living in a remote outback town comprised of both black and white communities. The blacks live mainly in government subsidised housing which causes some angst amongst the whites. Although there is an uneasy concord in place, there is obvious division between the two cultures.