Conduct an analysis of demand for organization product

Assignment Help Microeconomics
Reference no: EM13122471 , Length: 700-800 Words

1. Select an organization, state the nature of this interest in your memo. It can be a publicity owned comapny, a non-profit organiation, or government. Refarin from using private compaines.

2. Conduct an analysis of the demand for the organization product and or services by:
a. Discussing the source of your numerical price and other data.
b. Discussing your approach to estimating demand
c. Computing and interpreting at least one elasticity measure. Place the details of your computation in an appendix.

3. In your memo, state why you believe that the organization should meet the increased demand or why it should scale back production and thus supply in anticipation of lower demnd

Reference no: EM13122471

Questions Cloud

Equation of straight line : The instructions are as follows: write each equation in slope-intercept form and then find the slope and y-intercept.
Range of scores on final exam : The professor counts his midterm as 2/3 of the grade and his final as 11/3 of the grade. Wendy scored only 48 on the midterm. What range of scores on the final exam would put her average between 70 and 79 inclusive?
Calculating the probability that the player wins : Calculating the probability that the player wins in a game of craps. The dice game craps is played as follows. The player throws two die, and if the sum is seven or eleven then she wins. If the sum is two, three, or twelve, then she loses
Distribution and taxed as a dividend : Last year, Loon sold an appreciated asset for $600,000 (basis of $200,000). Payment for one half of the sale of the asset was made this year. How much of Wendy's distribution will be taxed as a dividend?
Conduct an analysis of demand for organization product : Conduct an analysis of the demand for the organization product and or services by - Discussing the source of your numerical price and other data.
Verbal description of the variation : The force needed to keep a car from skidding on a curve varies jointly as the weight of the car and the square of the speed and inversely as the radius of the curve.
Determining point slope form for equation : Use the point-slope form of the linear equation to find an equation of the line with the given slope and passing through the given point. Then write the equation in standard form.
Important information about probability with dice : Important information about Probability with dice, You roll a dice twice. What is the probability that you will roll each of the following pairs of numbers.
Information about working with conditional probability : Important information about Working with conditional probability. The following table shows frequencies for red-green color blindness, where M represents "person is male" and C represents "person is color-blind".

Reviews

Write a Review

Microeconomics Questions & Answers

  Question based on market concentration

Choose any firm and think about its buying and selling activities -everyone buys and sells, or at least "procures" and "supplies", or otherwise participates in exchange transactions.

  Break-even analysis-profitability impact

Research the economic costs involved in the conducting break-even analysis for good or service of your choice. Assess the factors involved in conducting the break-even analysis. Find out the conditions which might exist for the manager of this goo..

  Price leadership model

When the CR = 80%, is the market efficient when the market behavior follows the price leadership model?

  Effect of the ua increasing sovereign wealth funds on gdp

What is the effect of the United Arab Emirates' increasing sovereign wealth funds on GDP?

  Advantage of economies of scale

Provide an example of an airline or aviation firm trying to take advantage of economies of scale. Do you think they are/were successful? In what way?

  Assignment on supply, demand & taxes

Assignment on Supply, Demand & Taxes,    Supply, Demand, and Taxes,  The market for tennis shoes exhibits the following supply and demand schedules:

  Discuss how inflation affects the rate of return

Discuss how inflation affects the rate of return required on the investment project, and the distinction between a real and a nominal (or‘money terms') approach to the evaluation of the investment project under inflation.

  Average variable cost function

A firm has determined that its variable costs are given by the following relationship:

  Long run demand elasticity for almonds

What share will be paid by the consumer in the long run? How about the short run? Provide some intuition for why these are different.

  Characteristics of monopolistic competition-oligopoly

Describe the major characteristics of monopolistic competition and oligopoly.

  Calculate the appropriate value to use for income

Calculate the appropriate value to use for income in your analysis. Explain why you choose to use that level of income and what is the dead weight loss associated with monopoly

  Trade sanctions - suitable foreign policy weapon

When international hostilities increase, the United States government will sometime use trade sanctions instead of military action.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd