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Answer each of the questions below in short-answer format. Write your responses in complete sentences. Your answers to each question should include 2-3 paragraphs. Be sure to carefully read each question to ensure that each component is answered with the appropriate depth and detail. Assignment questions are cumulative, meaning they will have questions from the current and previous lessons. Your answers should be free of spelling and grammar errors.
When you use reference material, you must properly cite your sources with in-text citations. You must also include a reference list. All documentation must be rendered in APA citation style. (See announcements for details on APA.) The Rio Salado Online Library is the best source for authoritative, validated information on your research topics. Review the Short-Answer Grading Rubric as you prepare to complete this assignment.
1. What is a price taker? Discuss the assumptions that are made in order to obtain the perfectly competitive model.
2. Define the short-run break-even price. What are economic profits at this price? Why would a firm be willing to operate permanently at this price?
3. An upscale bistro in a small town charges higher prices for the same menu items at dinner time than at lunch time. Does the bistro necessarily practice price discrimination? Explain your answer.4. What is the social cost of a monopoly? Explain.5. Explain why the amount that firms spend on advertising depends upon the characteristics of their products.
Create a spreadsheet formatted to present your analysis of the sales numbers to management. In your spreadsheet, use the following:
Identify the mission, objectives and responsibilities of an organization within its environment
Modern business discussion Promotion and Pricing Strategies & quot Estimate the situation of the Southwest airlines organization.
Explain how would the corporation go about starting their virtual store? Illustrate what are the advantages of them doing so? Once the store is open, explain how would the corporation go about increasing the image? Please explain in details.
Explain what are some of the barriers to communication between people of different cultures and what strategies can be used to overcome those barriers?
How External Operating Environment Factors Affect Performance - How have external operating environment factors affected the sector's performance?
Your department was just given a new assignment to pilot and rollout to your company. The assignment involves assembling a cross-organizational team that will be given the responsibility for analyzing different payroll systems that Faraday Enterprise..
Restructure management and realign all the job roles for maximum utilisation of available human resources -Implement one of the training programs in a proposed department
Posting addresses accurate percetions - Are accurate perceptions always necessary to develop sound decisions?
signs indicating when an employee is about to lose their jobin todays current business environment it is not uncommon
What does General Mills hope to accomplish with its April 1994 reduction in trade promotions and prices? Will this industry regain its previous high-level profitability?
Examine motivational theories and their impact on work behaviour and performance. Use technology as well as information resources to research issues in organizational behaviour and leadership. Write clearly as well as concisely about organizational b..
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