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Each class member shall prepare a written report concerning the performance of a company of their choice. (Forecasting)
Suggested areas to cite:
1- company background
2- products offered
3- products sale revenue for ~four years
4- company's profit (during period observed)
5- based upon observation period, offer forecast of companies' future sales and revenue
6- preferred method of forecasting in via regression.
One of the stumbling blocks of Voice over IP has been the implementation of a 911 service. The given story appeared on the newswires on Tuesday:
Firm A is the sole supplier of a certain product. A's marginal cost equals average cost MC = AC = 30, and it faces market demand given by inverse demand function P = 120 0:5Q. Suppose at the moment A produces quantity q = 120 units at price p = ..
The demand curve for the product X is given by Qdx = 460 - 4Px. How much consumer surplus do consumers receive when Px = $35?
In calculating the incremental cost of a particular project, how would you treat the possible future costs of a lawsuit that may occur as a result of this project, where the cost of the lawsuit might range from $10,000 to $500,000 with an associat..
When measuring costs, it is important to keep in mind of one of the Ten Principles of Economics: The cost of something is what you give up to get it.
How does competition affect profits and prices? What causes some firms to enter an industry, and others to leave it?
Explain how data systems are changing several aspects of the accounting profession. Include a description of a variety of new technologies and their effects on accounting processes.
Discuss the welfare effects of four possible policies: price floor, price support, production quota and voluntary production reduction. Which policy is least efficient? Discuss the differences in the benefits to farmers and the cost to the governme..
What is total variable cost when 100 units of output are produced and what is average fixed cost when 150 units of output are produced?
The water company is privately owned and is the only water company in town. It is licensed and franchised by city for a 10 - year term, just renewed.
Select 6-10 indicators that are of particular relevance to your firm and explain why. Next, outline a strategy for how the firm should respond to the information provided by the economic indicators with the goal of maximizing revenues in the years..
Describe how the market economic system works to answer fundamental economic questions. Describe how this may differ from a command economic system.
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