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1.Your supervisor recently instituted a plan that encourages her managers to share non private demographic characteristics voluntarily provided by those who buy your company's final product. Since the plan was implemented, the same amount of voluntary information is being collected by each manager, however, the supervisor is surprised to find that less information in total is available than before the plan was instituted. What is likely causing the plan to fail? Explain using our material.
3. The Kansas Board of Public Utilities is a privately owned company that is the sole supplier of water to Kansas City, KS. The owner of the firm has provided the manager of the company an incentive to maximize the firm's profits, and the manager is currently selling 100,000 gallons of water per week at a price of $.05 per gallon. The marginal cost of water is zero, but the firm's average cost of this level of output is $.01 per gallon. Calculate the company's profits, and show your calculations
The American Baker's Association reports that yearly sales of bakery goods last year rose 15%, driven by a 50% increase in the demand for bran muffins
Post a memo to explain the factors that contribute to the elasticity of goods. Also incorporate a real-life example of price elasticity of demand, and discuss how it impacts the economy.
Given the data, please construct the demand estimation for soft drink consumption in the United States by a multiple-linear regression equation, and a log-linear (exponential) regression equation.
Prepare a Marginal Cost Analysed Income Statement for 2014 from the above data to identify total and individual medical procedure contributions and profits.
A corporation wish you to use rate of return analysis to evaluate the economics of buying the mineral rights to a mineral reserve for a cost of $1,500,000
Assume the economy is currently at potential output and the inflation rate is 8%. Assume the federal funds rate is currently 3%
Two months before, the landlord of a car dealership significantly changed his sales manager's compensation plan. Under the old plan, the manager was paid a salary of $6000 every month
Carefully describe what will happen as we move from short run to a long run equilibrium in a monopolistically competitive industry if companies are making a positive profit in the short run.
As a kid, you recorded the costs of your Kool-Aid stand and create your long-run average-cost curve. Now you work in a video chip company.
Would the reward system vary among retailers, manufacturers, distributors, financial organizations? What other characteristics should good performance incentives have?
An industry has 20 companies and a concentration ratio of 30 percent. If you were in this industry and there was an increased demand for the product that pushed up price of the goods,
The organization and coordination of the activities of a business in order to achieve defined objectives.
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