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Pick a recently released good or service.
Then determine, the factors that must be evaluated regarding the product's supply and demand. Analyze how these factors impact the decision to supply the product indicating the significance of each in the decision-making process.
Using the same product example above, analyzing how the risk tolerance factors play in supplying the good or service and how this should influence management's decisions.
The price elasticity of demand for Royal Crown Cola is equal to the price elasticity of demand for soft drinks in general It is invalid to make inter product elasticity comparison
Illustrate is the income elasticity of demand for yo-yos. At what price will total revenue realized from their sale be at a maximum.
Discuss an activity or process or product of Wal-Mart that exhibits economies or diseconomies of scale. Describe the source of the scale economy.
Calculate the profit maximizing cost per unit if COST MART has an average wholesale cost of $350 as well as incurs marginal selling cost of $100 per unit
Elucidate how a bartender would know that the price of an exotic drink was too low or too high. Provide adequate conceptual justifications.
Some economists have suggested that the best way to control medical costs is to remove the profit incentive for health care providers, particularly hospitals.
Two identical company's save money from polluting. A company's marginal savings from emitting an amount are given by 10 - 2e. The two firms differ in their impact on ambient pollution concentrations.
Assuming no other changes, if balances in money market deposit accounts increase by $50 billion and small-denominated time deposits decrease by $50 billion.
Draw the Hick's income and substitution effects for c1,c2 in c1,c2 space if the interest rate decreases to .05.
Elucidate why would new textbook sales fall in the yrs subsequent the release of the latest edition.
Illustrate what happens to output, the price level, and the expected price level in both the short run and the long run.
Illustrate what if accidents costs decrease with precaution. Explain how does this affect efficient level of precaution. Explain.
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