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Discuss each of the pricing strategies below. What conditions are necessary to make each strategy successful in terms of increasing profits? Explain your answer. a. A local restaurant/bar offers discounted drinks during “happy hour,” from 5 to 6 PM on weeknights. b. The price Company X charges for its ink cartridges is nearly as much as it charges for a printer. c. Packs of 5 T-shirts cost $10 while an individual T-shirt costs $4. d. Coupons for specials at a local grocery store can be downloaded from an online site. e. Computer and appliance manufacturers promote service contracts. f. Microsoft Office includes several programs in one package.
Imagine that two cigarette companies are competing in a market. They each charge the same constant price p
What is the amount of equal annual deposits needed in years 7 through 14 to provide for a series of annual withdrawals of $2400 beginning 9 years from now and increasing at the rate of 2% per year through year 19? Assume an interest rate of 5% per ye..
How would a law preventing landlords from charging above $900 give different results. What is such a price restriction called.
An engineer deposits $880 each month into a retirement account. After 30 years, the balance in the account is $1.9 million. Determine the effective annual rate of return for this account.
q.the subject is comparative advantage. will need four theoretical articles on this subject that can be posted for
You buy only apples and bananas. Your budget is such that you can purchase 3 apples and 4 bananas or 9 apples and 2 bananas. Write down the equation for the budget line with bananas on the y-axis. Is that equation unique?
In the former Soviet Union, producers were paid for meeting output targets, not for selling products. Under those circumstances, Illustrate what were the economic incentives for producers.
Conduct a market analysis for your chosen company and develop a report that will be given to the senior management of your chosen company. The objective is to develop a Product Innovation Charter (PIC). A PIC is a written document, prepared to chart ..
By itself, the upstream manufacturer cannot implement a price discrimination scheme against downstream consumers because downstream retailers can defeat it. To see this, suppose that home gardeners and farmers both use the same herbicide. Suppose the..
In discussing the distribution of income among families, the term “lowest fifth” indicates. Which of the following has not been outsourced from the U.S.? Frictional unemployment is caused primarily by automation. Unemployment caused by an imbalance b..
Which firm is the most liquid? Why? (Justify your answer with at least two ratios). Which firm is the most profitable? (Time Value of Money – Present Value) You have figured out that you will need $800,000 to finance your child’s college education wh..
Assume that PY increases by 15%, what percentage effect on quantity demanded of product X could be expected.
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