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Suppose a consumer uses his income to buy food (F) and clothing (C) (note, his preferences are to not go without either). The current composite market price of food is $2.00 per unit and the current composite market price of clothing is $5.00. The consumer is currently exhausting all of his income and consuming a bundle (F,C) such that his Marginal Rate of Substitution (?C/?F = MUF/MUC) is 3.
Draw the consumer's budget constraint and indifference curve to illustrate this condition. Is the consumer maximizing his utility? If so, explain why. If not, explain why not, explain how the consumer should adjust his purchases, and illustrate the result graphically.
Where do you think Toyota should put its next plant in North America, and illustrate factors should it consider in making that decision?
Several companies use their brand as a competitive advantage. Given your knowledge about the global economy, identify three brands you believe have the strongest likelihood of remaining a source of advantage in the 21st Century and explain why.
Explain Japanese firms perceive a stronger positive association between trust and commitment in intercultural
Compute net savings of outsourcing, of the warehousing and inventory mgt. DVD4less paid$1,950,000 for transport, warehousing cost average $ 1, 460,000. $30 million debt outstanding w/ interest 10% annually
Explain the concepts involved in hypothesis testing, including what hypothesis testing is, and an explanation of the four types of scales used to measure data.
In order to complete this assignment, refer to the scenario that you chose in Assignment 1. SEE ATTACHMENT IT IS IMPORTANT TO REVIEW THE SCENARIO and apply to this assignment.
For each of the following items,: A. Discuss how you can establish and build credibility before, during, and after your presentations. B. Describe the importance of authenticity for presentations. Discuss how you can plan and rehearse for presentatio..
What do you do in your job and what do you like most and least about your job - what skills do you need in your job?
Analyze similarities and differences in total compensation between this organization and other organizations in different external markets using a source to back-up your thought.
Motivators - For you to be able to do anything in life, what are your internal and external motivators?
solution to probabilitiesa manufacturer of programmable calculators is attempting to determine a reasonable
If the company charges +2,500 for such coverage, what is the chance that it loses money on a single policy?- What is the probability that the company loses money?
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