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1. What is meant by "price elasticity" of demand? Suppose the price elasticity of demand for TV is estimated to be 4. What does this mean in term of responsiveness of demand? Discuss
2. You are on the manager of NYC Transit Authority with the responsibility to decrease annual Bus and Subway fares. You would recommend a decrease in the annual fares only if you thought the demand curve for the City Bus and Subway system was:
a. Inelastic
b. Elastic
c. Unitary elastic
d. Perfectly elastic
Use exponential smoothing, first with a smoothing constant of 0.6 and then with one of 0.9, to develop forecasts for years 2 through 6.
You have been given the responsibility of supervising 12 MBA summer interns, hired specifically to conduct internal research for your company. You are concerned that they do not fully understand the importance of ensuring adherence to the principles ..
An Italian company is considering expanding the sales of its cappuccino machines to the U.S market. As a result, the idea of a setting up a manufacturing facility in the U.S should be explored. Why APV model is better than NPV model for capital budge..
Every manager has different skills, and specialties of expertise. describe when you would authorize that loan,
A mail-order house uses 16,390 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are $96. The following price schedule applies. Number of Boxes Price per Box 1,000 to 1,999 $1.25 2,000 to 4,999 1.20 5,000 to 9,999 1.15 10,0..
Based on the information above, identify the quality assurance tools and techniques that would be used on this project and explain why.
Introduce your selected industry with a brief one-paragraph introduction. Assess your selected industry's relative size and growth rate in the economy.
Identify different challenges that exist for maintaining or strengthening an ongoing alliance versus beginning a new relationship.
Think about the different elements of benchmarking and auditing from our informal discussions semester that make these two disciplines distinct from each other
What is Decision support systems and the applications to Acme Mexico City.
Compare a dozen recent Twitter updates from two companies in the same industry. Viewing them from the perspective of a potential customer,
In regards to marketing write about the strategic advantages and disadvantages of different entry modes.
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