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Write a four to five (4-5) page paper in which you: 1.Describe the business and explain the general pattern of change of the particular market model indicating how this change is likely to impact business operations. 2.Hypothesize the basic short-run and long-run behaviors of the model in the business you have chosen in a "market economy." Provide support for your assumptions and conclusions. 3.Explain the major factors that affect the degree of competitiveness in your business. Use the data to develop at least three (3) measures (e.g., productivity measures) to show how the industry is evolving. Provide evidence supporting your rationale. 4.Research two of the business' closest competitors to determine the pricing strategy for each business indicating how knowledge of this information may influence pricing decisions in your business. Provide support for your rationale. 5.Recommend a pricing policy for the business you chose. Assess how your pricing policy maximizes profits for the business. Provide support for your rationale. 6.Use at least three (3) high-quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.
A California grower has a 50-acre farm on which to plant strawberries also tomatoes. The farmer needs to know the number of acres of strawberries also tomatoes to plant to maximize profit.
Considers the choices of Native Americans who decide to stay on their tribe native land or reservation also those who select to relocate to a city.
For out Back Steakhouse, seating capacity is limited in the short run.
Illustrate what way the U.S trucking organization exemplified the capture theory hypothesis of government regulation prior.
What is the elasticity of supply in that range of the supply curve? How much tax revenue does the government collect?
Explain why it is in the best interest of society to treat these types of property the same or differently.
explain how many sodas will the consumer purchase in a typical month. Illustrate what is the elasticity of demand for soda.
Assume which the market for avocados is perfectly competitive. The typical agribusiness firm is earning positive economic profit in the short-run equilibrium.
The total utility for water is higher than the total utility for diamonds. You can explain the diamond-water paradox (that diamonds are expensive but not necessary for survival / not as useful, while water is inexpensive yet necessary for survival / ..
She says the tax will generate $100,000 tax revenues per month. What assumption is she making.
American smoke 470 billion cigarettes and the average price per pack was $2. If the price elasticity of demand is -0.4 and price elasticity of supply is 0.5, compute the demand and supply linear equation.
How much would you have to invest on a monthly basis to yield $1,000,000 in at your retirement i fthe return rate is 4.5% compounded monthly?
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