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You have been retained by XYZ University, as a consultant to make recommendations and/or proposals for the marketing of the University. Your recommendations and/or proposals should be developed as if they will be presented to the University’s governing body.This first assignment is to gather/provide information regarding the XYZ University’s marketing objective (to increase enrollment). You are to clearly define/describe the competitive advantage of the XYZ University and its target market. You need to justify/explain why your analysis is correct. The following is an outline of the concepts you should discuss or consider. Remember, this should not be a report on “what it is” but also address “what it should be” (you are to be making recommendations). This analysis should include, but is not limited to (i.e., you can include other information than what is listed):Competitive advantageSituation analysisTarget MarketEconomic factors (i.e., unemployment, national income, cost of living, purchasing power, inflation, recession)Competitive factorsConsumer decision making issuesDifferentiationPositioningTools XYZ can use to achieve its goalsXYZ University is located in a small town with 13000 people and two hours away from the next biggest City. It's a small school with 4000 Students. Small classes and very good teach student ratio. Athletic top. Not exceed 3 pages, sources should be listed.
Describe why alternative efficient allocations may have different total levels, and different distributions, of wealth.
What would be the equilibrium quantity and equilibrium price? Assume the Government imposes a $5 per unit tax on the seller, which equation would be affected and how?
About the role of Multinational Corporations in Business, Government and Society. the role of ethics in the global arena, the influence of governmental regulation, the roles of consumer, employee and environmental protection and how good corporat..
What is a market structure? Define and discuss in detail the differences between a monopoly, an oligopoly, perfect competition and monopolistic competition.
Calculate the life years lost due to car accident for a 28 year-old driver and Identify and indicate which treatments are dominated for elimination.
Labor Markets; Further Applications of Microeconomics objective questions and answers, When two goods are perfect complements, the indifference curves are
You have been employed to manage a small manufacturing facility which has cost and production data given in the table listed below.
A new competitor enters the industry and competes with a second firm, which had been a monopolist. The second firm finds that although demand is not perfectly elastic, it is now relatively more elastic.
Suppose a perfectly competitive firm is producing 300 units of output, P = $10, ATC of 300th unit is $8, marginal cost of 300th unit = $10, and AVC of the 300th unit = $6. Based upon this information, the firm is:
Assume that the competitive firm's marginal cost of producing output q is given by MC(q)=3+2q. Suppose that the market price of the firm's product is $9. Find out level of output will the firm produce?
Examine the models of oligopoly and create at least one recommendation for improvement. Describe your rationale.
Draw a standard supply and demand diagram which shows the demand for new housing units that are purchased each month, and the supply of new units built and put on the market each month.
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