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In your paper In 300 words, address the following questions:
i) Determine how global competition impacts FORD
ii) Should the organization/industry continue, expand, or reduce current operations in order to maximize profits? Explain your reasoning.
1) If your answer is to expand: Should the organization/industry invest in new plants, equipment, or technologies? Should the organization/industry consider a merger with another organization? Explain your reasoning and explain global competition implications.
2) If your answer is to reduce: Should the organization/industry reduce production or shutdown their operations? Explain your reasoning.
Determine the short run average variable cost and the marginal cost functions. Determine the output level that minimizes short run average variable costs
You're the manager of monopoly. A typical consumer's inverse demand function for your firm's product is P=100-2Q and your cost function is C(Q)=20Q. Find out the optimal two part pricing strategy.
The demand for new homes in the United States is often described as highly cyclical and very sensitive to housing prices and interest rates.
You manage the plant the mass produces engines by teams of workers using assembly machines. The technology is summarized by production: Find out the short run production function? Find out the total cost function for your plant to produce q engines ..
In the competitive industry, reduction in property tax rate on fixed capital (plant) would reduce the fixed cost of all firms. This would have the following short-run effects on P, Q, and q respectively.
What is the cost of using this machinery for one year? How would your answer be different if the machinery had not yet been purchased?
Why there is so much advertising in monopolistic competition and oligopoly? How does such advertising help consumers and promote efficiency?
You appoint an intern from Southern University to help you examine your production process, and she uses your historical cost records to estimate that your total cost function is C(Q) = 100 + 2Q + 3Q2.
Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"
What is the profit-maximizing level of output of master cream (in bottles)? What is the profit-maximizing price? What is the maximum level of profit?
Assume The Big Enchilada Restaraunt has been offered a 1 year binding lease agreement for $5200/mth on an attractive site. Before the lease is signed, what is the incremental cost per month?
Describe the market equilibrating process and compare the demand for food with demand for Starbuck's coffee. Include academic research to support your ideas.
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