There Are Two Formulas That Define the Ramsey Pricing Rule

question 20

Essay

There are two formulas that define the Ramsey pricing rule. One uses demand functions at regulated prices and at marginal costs. The uses the elasticities of demand and a measure of the common fixed cost. Write these two formulas.

Describe the evolutionary lineage and adaptations of major groups of organisms through Earth's history.

Demonstrate an understanding of the hypotheses surrounding the origin of life on Earth, including prebiotic soup and serial endosymbiosis.

Identify the dominant life forms during major geological eras.

Analyze the fossil record to understand the sequence of organismal evolution.