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Define and identify the market for each of the following products in terms of (1) market scope (local, regional, national, international ( state your reasons why you classify them as local, regional, national or global in scope), (2) likely characteristics of the buyers that make up the demand side of the market, (3) whether the demand side is comprised of several distinctive market segments, and (4) any other relevant and identifiable market characteristics:
Coca-Cola.
Textbooks in economics.
Pro football.
No-return, throwaway glass containers.
Personal computers.
Dry-cleaning services.
Elucidate the relationship among scarcity, choice and opportunity cost in the context of managerial economics.
Which of the two units would you recommend ? What initial cost of machine A woul make the two machines identical in overal cost?
assume yn 11600 t0.2 and g 2610.a calculate the amount of taxes at natural real gdp.b clarify why there is a natural
Derive the short run total cost, short run average cost also short run marginal cost as functions of output q.
Assume that you are going to start a small business of your own. Further, imagine that you are able to adequately differentiate your product, or service so that you can establish your business as a monopolistically competitive firm. Describe the busi..
clearly show on youre graph the old equlibrium price and quantity. Can you tell for certain whether the new equlibrium price will be higher or lower than the old equilibrium price?briefly explain.
Sam bought a car for $40,000 at “0” percent for 60 months. The financing was done through the financial arm of the car company. If he had paid cash for the car he could have gotten the car for $34,000. Determine the interest rate that he is paying on..
write an explanation of the short-run effect including the determinant of ad or as that is causing the shift the line
Write a summary of how the United States and the other country differ. Which of the two countries has better prospects for the future and why? Provide a reasoned opinion.
Consider the EOQ model with fixed lead time L > 0. Show that the average amount of inventory on order is equal to the lead-time demand.
What are the values of the slopes of the budget lines shown in the diagram, and what does the slope of a budget line tell us?
Calculate the present worth of the following geometric gradient series cash flow: Annual interest Rate =7.07 %, Annual cash flow increases 20% each year, The first year value is $58 and the series is 8 yrs long. Present your answer with 2 decimal pla..
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