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A New Business Venture must develop a comprehensive business plan to borrow money to get started. companies such as FedEx, Nike, and Rolm Corporation say they did not follow the original plan cosely. Does that mean that developing the plan was a waste of time for these eventually successful companies?
q1. most restaurant customers tip according to a percentage rule between 15 and 25 percent of the bill. diners who have
Optimization with 2nd order conditions and identifying the properties of functions: 1. Solve the following optimization problems Check 2nd order conditions to confirm that your solution is a maximum. Check if the objective function is concave, convex..
what additional information would be useful in the pricing decision? What would be your recommendations for setting up a model to forecast future demand for this product?
A manufacturing company has proposed building a new plant in a region. The proposal to the regional government contains the following information: The new plant will employ 1,000 people and it is projected that another 1,500 service support jobs will..
Would you expect the price elasticity of demand for cars to be more price elastic or more price inelastic than the price elasticity of demand for 2015 model year Subaru Outbacks? Fully explain why. Calculate the price elasticity of demand between two..
What are some socially undesirable effects of a monopoly industry (which means a single firm) producing less output than a similar competitive industry? How do you feel about the excess profits of a monopolist over more benefits to consumers? Provide..
Suppose that an excise tale of $1 is placed on sellers in a market for widgets. Using diagrams indicate whether none, some, or all of the tax is passed on to the consumer in the form of a higher price for each case described below. Demand curve is ho..
Consider the following pairs of situations. In each pair, which situation is more likely to be susceptible to coordination problems? (a) Maintenance of corporate landscaping by a gardening company versus maintenance of a football or soccer stadiu..
In the article "How Racism Doomed Baltimore," in the New York Times, the author argues that rather than reflecting a history of racial discrimination policies, the problems in Baltimore stem primarily from the actions of a few rogue police officers. ..
Gap Analysis in NEW PRODUCT MANAGEMENT , explain what information can be determined from this analysis and what actions and strategies can typically be determined as a result of a comprehensive Gap Analysis,make reference to products and services you..
What will hapeen when there is a Relative short run demand for gasoline in the long run.
Identify the exclusionary pricing practices and why and when they are prohibited by the Competition Act. What are the economics rationale and efficiency effect of these strategies?
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