Explain the managerial actions

Assignment Help Business Economics
Reference no: EM138339

Q1. An oil company refines crude oil valued at $62/barrel and sells it to motorists at its retail outlets. The price is $2.90/U.S. gallon ($0.77/L). On a per unit basis (e.g., per gallon or per liter), by what percentage has the price increased going from crude oil before refining to final sale to the motorist? Also what happens when oil at $100/barrel and retail outlet price at $4.00/gal ($1.06/L)?

Q2. In the context of the shareholder wealth max model and the Simple model, discuss the difference between them and explain the managerial actions that can influence the firm profitability?

Reference no: EM138339

Questions Cloud

Aggregate demand for discs : If Rob and Nate are the only people who purchase discs, graph the aggregate demand for discs and write down the equation for this aggregate demand function.
Why the government may still prefer : Then make an argument for why the government may still prefer using the other approach.
Coffee shop has changed its name : One day you arrive to discover that the coffee shop has changed its name to Five bucks and is now charging $5 per cup.
Important role in demand : We know tastes and preferences play an important role in demand. Do you think of any possible future "popular product".
Explain the managerial actions : Discuss the difference between them and explain the managerial actions that can influence the firm profitability.
Service regardless of the number of phone calls made : Provider A charges $120 per month for the service regardless of the number of phone calls made.
Economy specialized in its comparative advantage : If each economy specialized in its comparative advantage, what range of prices would bacon trade at in terms of eggs.
Consumer surplus be affected : An equal number of consumers who have a willingness to pay of $119 are allowed to buy the good at a price of $99. How will consumer surplus be affected.
Zero lower bound on the federal funds rate : Use this equation to explain the level of income at which there is a zero lower bound on the federal funds rate

Reviews

Write a Review

 

Business Economics Questions & Answers

  Decreasing or constant returns to scale

If it had doubled its land as well as labor, production would have been 325000 bushels. Does it have increasing, decreasing or constant returns to scale.

  Accumulated principal plus interest

Illustrate how much will they have accumulated principal plus interest when they reach 65 years old. What is the moral of this situation.

  Leader country and follower country

The constant rate no before the one child policy; after the introduction population growth drops to the constant rate n1 analyze the effect of this policy.

  Profit maximization problem of the representative firm

Write down the profit maximization problem of the representative firm. What is the new short run equilibrium price and production.

  Different opinions about the value of the dollar

Why does Caterpillar as well as your parents have different opinions about the value of the dollar.

  Effects on equilibrium cost

Effects on equilibrium cost as well as quantity when wages for all dental assistants enhance, increasing the expenses of inputs.

  Benefit-cost analysis of a government policy

Explain the steps that would be used to conduct a Benefit-Cost Analysis of a government policy to alleviate the problem.

  Yolandas frozen yogurt

Demand curve is d1, what will be the change in her revenue. If her demand curve is d2 what will be the change in her revenue.

  Role in management

What role does Mudaraba allow IAH, in their capacity as Rabbul Mal.

  Process of selecting committee chairs

Should the seniority rule be eliminated, what is MOST likely to gain greater influence over the process of selecting committee chairs.

  Value management different from financial accounting

Why is monitoring and controlling the project cost important for the success of the project.

  Percentage increase in production

In what industry will a given percentage increase in production workers result in the largest percentage increase in output.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd