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When McDonald's Corporation decreased the price of its Big Mac by 75%, if consumer also purchased french fries and a soft drink, The Wall Street Journal reported that the firm was hoping the novel promotion would revive its United State sales growth. It didn't.
Within two weeks sales had fallen. Using your knowledge of game theory, what do you think disrupted McDonald's plans?
During the last ten-years, sales revenue has increased from 25 million to 65 million. Estimate the company's growth rate in sales using the constant growth model with annual compounding.
Today's Friday night, and you are just about to leave your room to attend a party. However, a copy of New York Times catches your eye.
Japan primarily exports manufactured services, while importing raw materials such as food and oil. Analyze the impact on Japan's terms of trade of the following events:
The current fare market price of $45 can not be increased. Compute current industry output and the market share of each airline
Brazen, Corporation produces sound amplifiers for electric guitars. The company's income statement showed the following;
Assume a company is operating at the minimum point of its short-run average total cost curve, so that marginal cost equals average total cost.
The company Three, SRL, sells three different products and sets the sales value for every product at 1.5 of their respective variable costs.
Andre has asked you to evaluate his business, Andre's Hair Styling. Andre has five barbers working for him. Each barber is paid $9.90 every hour and works a forty hour week and a fifty week year,
A corporation requires $500,000,000 to finance a major project in the firm. The company is expected to generate a total of $80,000,000 in earnings next year with the addition of this project.
Utech Corporation bottles and distributes Livit, a diet soft drink. The beverage is sold for 50 cents per sixteen ounce bottle to retailers, who charge customers 75 cents per bottle.
The Zinger Corporation manufactures and sells a line of sewing machines. Demand per period (Q) for a particular model is given through the following relationship:
In most restaurants, waiters receive a big portion of their compensation through tips from customers. Generally, the size of the tip is decided by the customer. However, many restaurants require a 15 percent tip for parties of eight or more.
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