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Titan inc. is the sole producer of a specialized chip. It has estimated that the elasticity of demand for the chip is -1.5. The marginal cost of production is $500.
A. What price will Titan inc. set for the chips?
B. If the marginal cost of the production increases to $550, what will be the new price set by the firm?
Compare the possible results of the two techniques/tools of choice. Finally, describe in detail how you used decision-making techniques/tools to solve a problem within your organization, business, or place of employment.
ePortfiolio here and detail in a paragraph (about 100-150 words) in the text box what you found interesting and/or difficult in the process. Be sure to post the link to your portfolio in the text box
personality amp employee interpersonal relationshow can knowledge of each personality factor help a person form better
Discuss why good emergency management preparation is important in avoiding liability problems and remaining compliant with state and federal regulations. Consider the duty of the organization during an emergency.
What does the expression communication skills include? In today's workplace can you expect to be exercising more or less control of your career? Why?
A company manufactures three products: A, B, and C. The company currently has an order for three units of product A, 7 units of product B, and 4 units of product C. There is no inventory for any of these products. All three products require special p..
Describe why executives in nontechological industries need to worry about technology and its potential business ramifications?
Compare and contrast, in terms of profitability and risk, the characteristic of both an aggressive and conservative strategy.
Explain why is understanding yourself important in your career development and How can you ensure that an employer will realize that you have a clear grasp of who you are and what you have to offer?
Give an example of creativity in business that does not relate to the development or marketing of a product or service?
The concept of competitive advantage is as important for not-for-profit organizations as it is for for-profit organizations." Do you agree or disagree with this statement?
Analyse how the actions and policies of the WTO have driven forward the globalization of the world economy.
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