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Now let’s consider the compensation strategy.
a) What does “b” equal for the Milford sales force?
b) If you were to redesign the compensation strategy to use optimal incentives, what would you do?
c) Are risk and distortion concerns in your strategy? Why or why not?
In perfect competition, if one firm raises its price,
q.1. lee has the utility function ux1 x2 x11x24 the price of x2 is 1. lee spends all his income to buy 6 units of x2
In 1990, the GDP of Canada was $680 Billion dollars, and the exchange rate was that $1 Canadian was worth 85 U.S. cents. In 2000, the GDP of Canada was $1000 billion as measured in Canadian dollars and the exchange rate was that $1 Canadian was worth..
A specific McDonald’s franchise owner is looking at elasticities of Big Macs. E(p)= 2 (Price), E(i)=1 (Income), E(mt)=1.5 (m=Big Mac, t= Taco). The franchise owner would like to increase the price of Big Macs by 6%. If the owner wants to keep units s..
Between two production technologies firm can choose a new product line. If it installs expertise 1, it's annually costs.
Describe ethical considerations with regard to marketing to children. When the marketers' pitch includes a cause component, such as a breakfast cereal that promises to provide breakfasts to undernourished school children, explain whether this is e..
Since 2009, the federal reserve has been unable to stimulate the US economy sufficiently enough to generate 3-5% annual growth in GDP, despite being short-term interest rates at zero and instituting a massive quanta give easing program. why has monet..
q. specify whether you agree or disagree with the subsequent statements. in brief explain your answer.a. increasing
Explain how wages are related to opportunity costs, both from an employee and employer perspective.
In certain industries, firms buy their most important inputs in markets that are close to perfectly competitive and sell their output in imperfectly competitive markets. Cite as many examples as you can of these types of businesses.
A nation has a tax rate of 20% on the first $20,000 of taxable income, 30% on the next $30,000, 40% on the next $20,000 and then 50% on all taxable income above $70,000.
Compare and contrast the Swedish and American approaches to welfare and other income redistribution programs and policies.
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