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Explain the effects of each of the following managerial decisions or economic influences on the profits of McDonalds, the fast food chain, referencing either basic demand and supply analysis or the Porter five forces framework (or both) in each case. Use graphical analysis to supplement your explanations where appropriate.
1. Taco Bell begins offering breakfast service.
2. Canada issues an EXPORT ban on potatoes.
3. Tyson and Cargill, the two largest meat processing companies, with a combined market share of 46 percent are allowed to merge.
4. A news story about the use of “Pink Slime” in McDonald’s hamburgers goes viral.
1. explain the changes in welfare caused by the personal responsibility and work reconciliation act of 1996. 2. to what
Suppose that a corporate bond with a Baa credit rating and five years to maturity has a yield to maturity of 8 percent. Suppose that the government of the city of Udwellum, which has a Baa credit rating , issues a bond with the same time to maturi..
Calculate the ERP (effective rate of protection)
Use the key word ECONOMIC NEWS in an Internet search engine (Google, Bing, etc.) to locate an appropriate news story or article that illustrates the ideas presented in the reading.
Suppose that oil prices rise sharply for years as a result of a war in the Middle East. Illustrate with a diagram what happens to the: Demand for automobiles? Demand for home insulation? Demand for coal? Demand for tyres? Demand for bicycles?
How does the market reward those who have invested in human capital-the acquired skills of an individual in the areas of education, training, and work habits? Cite specific examples from your community to support your answer.
Over the course of a year, a nation tracked its foreign transactions and arrived at the following amounts:
Assume the following data describe the gasoline market: Price per gallon $2.00 2.25 2.50 2.75 3.00 3.25 3.50 Quantity Demanded 32 30 29 28 22 21 20 Quantity Supplied 16 20 24 28 32 36 40 (a) What is the equilibrium price?
why do economists pay little attention to the algebraic sign of the elasticity of demand for a good with respect to its
Starting with the reaction functions of duopolists A and B, find the Cournot solution by substituting equation (1) into equation (2) and solve for QB then QA.
a explain why the assumption of imperfect competition is necessary for endogenous growth models.b how might well
assume that the drug company can negotiate with the us and foreign governments and thus tries to implement the two-tier
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