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Assume that the quarterly demand and supply functions for German made Bosch washer machines: Qd = 340 – 6P Qs = 100 + 2P
a. Where price is $125 dollars, what are the quantities demanded and supplied?
b. Assume that Bosch Inc. wants to prevent its competitors from under cutting their prices. So the Executives from Bosch decide to eliminate all competition by self imposing a price floor of $37. Would this result in an excess supply of or demand? Draw graphs
c. Assume that Bosch wants to focus solely on price and decides to raise prices significantly to $325. Would this result in an excess supply of or demand? Draw Graphs
Use Appendix A at the back of the text to show the compound annual rate of growth in earnings (n=4).
The three Cs in the 3C strategy for persuasive writing are
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The annual operating and maintenance expenses are estimated to be $1,000. If Convington's MARR is 15%, how many years will it take before this machine becomes profitable.
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