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What is On the Bleeding Edge?
Think about the way social media impacts your life as far as product marketing – online coupons, Groupons, email ads etc. What is on the bleeding edge of technology and how can your product use this idea to increase sales? (The ‘bleeding edge’ is the latest and greatest technology). Give a brief description of your product or service idea that you are developing for this course so your peers know what it is. Then elaborate on how 'bleeding edge' technology can be used to your advantage to sell your product. Mention at least two ways that you can use social media in advertising or selling your product.
Is the Affordable Health Care Act (Obama Care) good for America? Explain why or why not? What would you put in place or how would you improve the current system?
Travelers driving through Gotham city can use a freeway or cross town toll way to get thru the city. The toll way charges $1.00 per car during the morning rush (6-9AM) and the afternoon rush (4-7PM) and the toll is $0.40 at other times. What are the ..
A year of unusually bad weather for agriculture would:
newsprint the paper used for newspapers is produced in a perfectly competitive industry. each identical firm has a
Describe an example of a real-world industry or market that would be considered by economists to be a natural monopoly. What characteristics of the industry make it a monopoly? What is the impact of the monopoly power on its customers? Why might gove..
you are a manager in a perfectly competitive market. the price in your market is 45. your total cost curve is cq 10
Over the last year your boss has noticed that it would be useful for your firm to understand how consumers behave when variables in the market change and how these changes affect the total revenue for your product. You have been asked to do an analys..
Consider the following information for a simultaneous move game: If you advertise and your rival advertises, you each will earn $5 million in profits. If neither of you advertises, you will each earn $10 million in profits. If you and your rival plan..
Historical data indicates that only 20% of cable customers are willing to switch companies. If a binomial process is assumed, then is a sample of 20 cable customers, what is the probability that exactly 2 customers would be willing to switch their ca..
Hot chocolate is made from chocolate syrup and milk. Using a separate supply and demand graph for each question, please show the effects of the following events on the market for hot chocolate (please specify the change in demand, supply and the equi..
If there is initially a federal budget surplus, and government purchases and transfer payments both fall:
Assume there is a lapse from full employment. Compare the solution offered by the classical economists with that offered by J.M. Keynes. How do these solutions differ from those offered by supply siders and monetarists? You might also mention the vie..
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