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What is the purpose of trade sales promotions? Identify three types of trade sales promotions that Frito-Lay should use to increase sales. Specifically how should these be implemented?
What is the speaker in "The Weary Blues" attempting to convey in his description of the scene?
A business with technology can be described by the production function y = 4z1^1/2 + 2z2^1/2 . Assume that input 2 is fixed in the short run: z2 = 9. Also assume that the firm faces output price p = 6 and input prices w1 = 2 and w2 = 6. Solve for th..
What role do the measurements of unemployment and inflation have on the management of an organization?
The US government could not pass its annual budget. As a result, the US government has partially shut-down: roughly about 800000 federal employees of non-essential services are out of work
Suppose the employees of Starbucks in China are paid 8 Yuan per hour and a cup of coffee is priced at 8 Yuan. If Starbucks is maximising its profit, a what is the value of marginal product of labour (VMPL) per hour of the last worker employed by Star..
A contract for a project has a value of $5,000,000. A performance bond of 25% has been issued for the project. The contractor performs only 50% of the work. The consulting engineer has certified to the owner that 80% has been completed. The surety th..
Changes in the quantity of money lead to real changes in the economy. If this is the case, why would the central bank ever stop increasing the money supply?
You work for the Environmental Protection Agency - the government wants to regulate emissions of a particular pollutant and following your advice is considering a market based approach rather than a command and control approach. Given your estimates ..
A paper company dumps non-degradable waste into a river that flows by the firm's plant. The firm estimates its production function to be: Q = 6KW, where Q = annual paper production measured in pounds, K = machine hours of capital, and W = gallons of ..
Assume a model where the currency ratio is 0.4 (c = 0.4), the excess reserve ratio is 0.2 (e = 0.2), and the required reserve ratio is 0.1(r = 0.1). What is the money multiplier? What change in the money supply results from an open market sale of $25..
From observations over many years, the company has concluded the fill amounts in their 2 litre bottles is normally distributed with a mean of 2.01 litres and a standard deviation of 0.11 litres. What fill amount (in litres) will see 97% of all bot..
Assume that the supply of labor to some industry is inelastic at Es, and that the industry has a standard, negatively sloped labor-demand curve. Depict the equilibrium. Now suppose that the government mandates that every employer must pay each worker..
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