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Cola wars: What's your soft drink of choice? Soft drink sales have fallen for six straight years as consumers switched to healthier alternatives such as juices and cut back on spending in the recession. The two rivals have moved into bottled water, fruit juices, energy drinks, and sports drinks to try to maintain market share. Both companies saw decreased sales, but Pepsi had the greater loss. Overall, Coke product sales were down 0.5 percent while Pepsi saw a 2.6 percent decline.Describe the strategies in the game that Coca-Cola and PepsiCo play. With some assumed payoffs, create a payoff matrix for the game and find the equilibrium outcome.
Determine the relationship of the fundamental frequency of a vibrating string to the mass per unit length, the length of the string, and the tension in the string.
Is there any information that you find particularly interesting or unique to this entity?
PRESTO Products, Inc, manufactures small electrical appliances and has recently introduced an innovative new dessert maker for frozen yogurt and tofu that has the clear potential to offset the weak pricing and and sluggish volume growth experience..
Compute the elasticity for each variable and briefly comment on what that data gives you in each case.
Assume the players are monopolists, but the teams are competitive in the labor market. Calculate the marginal revenue product of labor (MRPL) and find the equilibrium wage and quantity of labor.Find the equilibrium wage and quantity of labor.
Create a graph for the period 1999-2009, showing GDP growth rates and the interest rate. Was the EU in a recession in 2001? How did the ECB react to the economic slowdown in the early 2000s?
There are two consumers, A and B. A's preferecne is represented by uA(xA1,xA2)=4ln(xA1)+3ln(xA2) and B's preference is represented by uB(xB1,xB2)=3ln(xB1)+5ln(xB2). A's initial holding is (wA1,wA2)=(12,4) and B's initial holding is (wB1, wB2)=(8,1..
Give some examples of scope limitations. What should an auditor do if a limitation on scope is imposed by circumstances beyond the client's control?
Discuss whether economic theory and the available empirical evidence justifies high executive compensation.
A municipal solid-waste site for a city must be located at Site A or Site B. After sorting, some of the solid refuse will be transported to an electric power plant where it will be used as fuel. Data for the hauling of refuse from each site to the..
Suppose advancing technology (e.g., the miniaturization of electronic circuits) increases the productivity of the 90-
Suppose you lend $20,000 at a 7.5% interest rate to a friend for one year. At the time of the loan your expected rate of inflation is 2.5% while your friend's expected rate of inflation is 2.9%. However, by the end of that year prices have increas..
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