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Answerthe following two questions in APA format.
Consider an American automaker like GM with almost 100 production facilities located in 26 countries and sales in over 150 countries! To maximize profits, what decisions does GM have to make in regard to pricing and production? Minimum 300 words and 2 credible references
Small mistakes are the stepping stones to large failures. How might this saying apply to this lesson, and do you agree?
In your responses, provide an example of a real-life seemingly small mistake with large consequences. Minimum 300 words and 2 credible references.
Draw a supply and demand graph to assist in explaining the increase in the price of chain saws after Hurricane Andrew.
The City of Rochester is thinking of expanding its airport. The expansion will increase travelers' consumer surplus by $100 and airlines' producer surplus by $200, while costing taxpayers only $50. However, the expanded airport will be much noisier.
Make a paper analyzing the current market situations of Airline industry including a supply and demand analysis that answers following questions:
(a) What marketing research did Vivian Callaway execute (b) What were the critical questions that she sought research and expert advice to get answers to (c) How did this affect the products marketing mix price, promotion, packaging, and distributi..
If the government wanted to encourage a monopoly to produce the socially efficient quantity, should it use a per-unit tax or a per-unit subsidy. Explain how this tax or subsidy would achieve the socially efficient level of output. Among the variou..
In the U.S. during the late 20th century, no-fault divorce laws became the norm in states. Ignore for the sake of this problem all the other factors that influence the marriage decision, what does the move to no-fault divorce do the implicit price of..
Discuss how a country's price inflation is related to its exchange rate.
Consider the following pair of goods. For which of the two goods would you expect the demand to be more price elastic? Why? Gasoline over the course of a week or gasoline over the course of a year. Personal computers or IBM personal computer
Presume as a manager of a profitable department store you are confronted with a pricing problem. You have two kinds of customers: a high-end type that are willing to pay a price of $20 for a pair of Levis Jeans, and a low-end type consumer that are w..
consider what age group you hope to work with and reflect on which aspects of piagets theory will be the most useful to
nearly everyone knows that the japanese save more money than americans do and that they are more community minded as
Use method of Lagrange multipliers to find the cost function c(r,w,y). Find out the average and marginal cost. Find out the interpretation of the Lagrange multiplier in part (a)? What is the importance of term (a+b) being less than, equal to, or grea..
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