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Assignment
Business Analytics: Answer with 3 paragraphs only, max 4.
• Are there any changes in the market that will affect you?• What is the market's reaction to your brands, advertising and prices? How do you compare to your competition?• How do in-store decisions affect market demand?• How does advertising and brand design affect market demand?• Forecast market demand by segment for each brand.• What is your marketing research plan?
Consider the iron ore production industry, and assume that there are just two producers, FM and BHP. Initially assume that both firms are identical in terms of their production costs. If the two firms can cooperate, what should they do in order to ma..
Analyze the given graph of a linear programming model with a single constraint and the objective function: Determine the values by which the constraints c1 and c2 must decrease or increase in order to change the current solution point shown in the gr..
Given the market for corn in equilibrium, show the effect on price and quantity of the following simultaneous occurrences: Good weather results in a 10% increase in the harvest of corn. A medical report is published that concludes that consumption of..
Regional economic integration and the consequent increase in increased dependence on each other creates incentives for political cooperation between the neighboring states and reduces the potential for violent conflict.
In the morning newspaper, you read an article stating that as a result of the instant monopolization of the local cell phone market, consumers’ surplus fell by $2,000 due to lower equilibrium output, and by $3,000 due to higher prices charged in the ..
Suppose the federal reserve made a mistake and caused a recession. Then we should observe A. a high rate of money growth. B. potential output decreasing. C. interest rates rising as output falls. D. inflation increasing as output decreases. E. inflat..
Ms. Lee Ding is considering whether the following capitol project should be undertaken. Its life is 6 years; it has a 6% salvage value; and her firm uses a 12% MARR. What is the probability of it costing $300,000? What is the probability of the net r..
Calculate the amount of former foreign monopoly profit that is transferred as tariff revenue to the home country when the home country imposes the tariff.
Suppose your employer offered you $4,000 in cash instead of health insurance coverage. Health insurance is excluded from state and federal income taxes (let's ignore Social Security and Medicare wage taxes for now). The cash would be subject to state..
How can the three basic assumptions of human behavior ( people are rational, people respond to incenititives and optimal decisions are made on the margin) be called the backbone of supply and demand?
elucidate the social gain from the market for cars. Be sure to show gains and losses to all relevant groups of Americans.
If a natural monopolist is forced to price at marginal cost, does surplus increase or decrease and why? I thought that consumer surplus increased more than the producer lost because now production would be where MC crosses D rather than where MC cros..
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