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pricing, product design, and advertising
The market environment heavily influences corporate decision makeing ability. Discuss the difference in executive decisions concerning pricing, product design, and advertising between a company that exists in a perfectly competitive market and a company that lives in a monopolistic competitive market.
explain why would elasticity of demand be important to you in determining the products
According to law of comparative advantage , who should produce wheat and who must produce Cd palyer? Evaluate all relevant opportunity cost.
Explain the trade-offs between any three of these options. In other words, what will you gain, and what will you have to give up if you choose each of the three options?
You are provided with the subsiquent transactions that took place during a current fiscal year.
State with brief reasons whether the following statements are true, false, or uncertain.
How much does it choose to sell when it enters the market? What is the resultant market price? How much does each of the two firms earn in profits?
Explain how will the quantity of aggregate output supplied respond to the fall in prices. What will happen when firms and workers renegotiate their wages.
Explain the difference among a price floor also a price ceiling. Provide a situation in which a price ceiling may be used.
Find out the income elasticity of demand. Elucidate whether gas is a normal or inferior product.
Explain how could you use the concepts of marginal cost and marginal revenue to maximize profit? What information do you need to determine this.
Suppose the banking system is in reserve equilibrium. The Fed conducts an open market purchase of Treasury securities in the amount of $1 billion.
Illustrate what economic policy should be adopted by regions with persistent economic problems.
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