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Store-front Web sites make money like many traditional business by selling products or services for a pre determined price that will generate a profit above their cost; however you have to decide if this would be the right approach for a business to enter into.
1.) Research the web and select at least 2 companies that use at least 2 different business models. Document your findings on how they may have a technological advantage over their competitors.
2.) Select 1 of the reviewed web site types and explain why it would be an ideal selected?
3.) What other types of companies do you think would be the most profitable using that site type?
4.) Would the concept of dynamic pricing be applicable to the model that you selected? Explain Why or why not.
Agricultural commodities are known to have a price-inelastic demand and the be necessities, How can this information allow us to explain why the income of farms falls (a) after a good harvest? (b) In relation to the incomes in other sectors of the..
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Which tool do you think is most commonly used If the Fed wanted to decrease the supply of money in the economy, would the Fed buy or sell securities in the open market and what would be the first effect of this policy.
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