Reference no: EM131357570
You operate a delivery service in your local area, but you are thinking of expanding to another market. You're concerned that you might need to set different prices in the new market because the cost of gas might be much different.
Identify 10 gas stations in your local area.
Record the price per gallon for each gas station.
Research supply and demand curves for gasoline.
Create an Excel® spreadsheet in which you do the following:
- Create a supply curve for gasoline.
- Create a demand curve for gasoline.
- Calculate the average cost of gas in your local area.
- Calculate the standard deviation.
Determine whether the prices in your local area are higher or lower than the national average.
Create a 700-word proposal in which you include the following:
- Explain elasticity of supply and demand and how this relates to your pricing decision.
- Determine if your prices will be higher, lower, or the same for the new location.
- Defend the pricing decision including all supporting documentation.
Cite a minimum of two scholarly references not including your text.
Click the Assignment Files tab to submit your assignment.
Request instructor assistance if you have questions concerning supply and demand curves and elasticity.
|
Discuss privatization
: Discuss privatization and why it is one answer to government reform. Include in your discussion the politics of privatization.
|
|
Examine roles of principal and the agent in helping consumer
: Examine the roles of the principal and the agent in helping consumers to determine the demand for medical care in the described situation. Provide at least one detailed example of such roles in action to support your response.
|
|
Addresses supply and demand for the iphone 6 plus
: For this assignment you are to write a 2-page paper that addresses supply and demand for the iPhone 6 plus. Note: The Apple iPhone 6 plus cellular phone will be researched for each course project assignment leading up to your final submission.
|
|
Summarize the important points of the article
: Using critical thinking, address three (3) points made in the article and offer your reflective thoughts on these points. Note: This may include whether you agree / disagree, if you believe it is a good idea or not, possible consequences of the po..
|
|
Record the price per gallon for each gas station
: You operate a delivery service in your local area, but you are thinking of expanding to another market. You're concerned that you might need to set different prices in the new market because the cost of gas might be much different.
|
|
Suggest three attributes that cause the supply curve
: Suggest at least three attributes that cause the supply curve in healthcare to fluctuate. Provide specific examples of each of the suggested attributes to support your response.
|
|
What are the level of loans
: Suppose the banking system currently has $275 billion in reserves, the reserve requirement is 8%, and excess reserves are $43 billion. What are the level of Loans?
|
|
Discuss one or two conflicting issues
: "Do Video Games Encourage Sexist Behavior?" Please respond to the following: Discuss one or two conflicting issues involving the view that video games encourage sexist behavior
|
|
How this even impacts bank equity
: Bank has the following balance sheet. Bank has the following balance sheet. Reserves = $760, Loans = $7,800, T-bills = $560, Deposits = $8,000, and Debt = $800. Reserve requirement is 8%. Suppose value of loans drops by 2%. How this even impacts b..
|