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Q1. Sometimes firms conduct experiments where they temporarily change prices (this may be done with selective coupons and other discounting methods) to see how the consumer responds to a price change. Let's assume that our firm charges $10 per unit of output and on average has 600 units sold per day. However, for the last week the firm offered a $1 discount and charged only $9 per unit of output. During the week of the discount the firm observed that the average daily sales were 700 units.
(i) If we operate under the assumption of ceteris paribus, what is the best linear representation of the demand faced by the firm [please provide the equation for the demand in terms of Q = a+bP].
Explain how has the Vermont Teddy Bear Industry benefited from demand forecasting? Illustrate what are the costs?
How are wireless technologies used by organizations to form a communication channel with clients? Summarize the advantages and disadvantages, limitations and risks for the wireless technologies described in the article
Complete the subsequent placing it in a single Word document Equally a new manager in your department you are tasked with the job of provided that employee training for members of your department who have connections with the legal department, Exp..
As Hector was packing to return to State University after his summer vacation, he realized that he owned many valuable things such as a laptop computer, a stereo system, and a DVD player. An accountant would list all of these as Hecto
develop an annotated bibliography on one of the following factors that has had a significant impact on business and management communication in the past decade:
1 what is nypros competitive advantages?2 how has nypro crafted its strategy? what is it?3 what would you recommend
Give details for each of the three different companies. How effective is each use of digital technology in keeping people as loyal customer?
Describe the advantages/disadvantages of using FAMC are web-based software/program to provide client services in human service organization.
Analyse the main features of two export organizations in terms of their businesses and environment under which they are doing their business.
Identify a workplace problem you faced in past or current employment. Write out the steps you took to address the workplace problem and resolve it effectively. Describe how you approached a problem to achieve an effective resolution.
Define the three types of planning for this company and identify the related level of management responsible for each type of plan. Assuming that you were a manager at each level, identify what your role would be in the planning process.
Internal and External Equity Comparison-Explain how each plan supports that organization's total compensation objective and the relationship of the organization's financial situation to its plan
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