You are working as a mall security guard with your partner, with whom you've worked for 3 years and you know is having some financial difficulty. a jewelry store in the mall has just been robbed and merchandise is strewn about. you are securing the location while waiting for the police to arrive, when you notice your partner slipping a necklace into her pocket. after police arrive, you both return to the security office to fill out incident reports, and your partner makes no mention of the necklace. what is the best way to respond to this situation?

Which of the following is a problem for the production of public goods?

10.     lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal. student d   incorrect

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?