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Discussion 1.
Your family business produces a secret recipe salsa and distributes it through both smaller specialty stores and chain supermarkets. The chains have been demanding sizable discounts but you do not want to drop your prices to the specialty stores. When can you legally accommodate the chains without losing profits from the specialty stores?
Discussion 2.
Describe some interaction your company has with another entity (firms producing complementary or substitute products, upstream suppliers, or downstream customers), or between internal divisions within your firm that can be described as a sequential or simultaneous game. Diagram the strategies, players, and compute payoffs as best you can. Compute the Nash equilibria. What can you do to change the rules of the game to your advantage? Compute the profit consequences of your advice.
Flooding is the most common natural disaster in Canada. The Alberta floods in 2013 is the second costliest natural disaster in Canadian history. To simplify, su
A market researcher wishes to determine the proportion of American women who shop online. The results must be accurate at the 90% level of confidence
Suppose the MPC in an economy is 0.65 The APC is initially 0.5 and disposable income is $8 billion If disposable income incieases to $17 billon, what is the new
Analyze the dynamics of supply and demand to anticipate market equilibrium. Analyze the elasticity of demand and supply and its importance, and the effect of taxes or other public policies. Describe the impact of various forms of competition on busin..
Describe the effects of decrease in the population growth rate on the golden rule quantity of capital per worker and on the golden rule savings rate.
The mandatory analysis comparing the percent of minorities and women in the community in each job category with the percent employed by a government contractor is known as:
If the price of a slice of pizza at a local pizzeria is $5.00 and the quantity demanded at this price is 50 slices. What is the price elasticity of demand for pizza if, when the price is increased to $5.50, the quantity demanded for pizza slices fall..
Assume that a new project will annually generate revenues of $2,100,000 and cash expenses (including both fixed and variable costs) of $500,000, while increasing depreciation by $250,000 per year. In addition, the firm's tax rate is 37%. Calculate th..
Hamlet will trade two pizzas for one six-pack for beer and be equally happy. At the same time, Ophelia will gladly exchange two of her six-packs for six pizzas. Is the allocation of beer and pizza Pareto efficient? Illustrate using an, Edge worth Box..
Quickcare is a health care franchise. It charges $150 per physical exam. Fixed cost is $50,000 and variable cost is $55 per exam. To improve margin, clinic will increase price to $175. What should Quickcare's decision be, assuming that this price inc..
Assuming there is a $1 increase in the price of gasoline, what change in Toyota demand will result (give the numerical value, too)?
What was the trend in inflation over the last quarter of the twentieth century? Hint: The inflation rate is the annual percentage change in the price index.)
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