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1. For the following questions, identify whether it is a change in supply or a change in quantity supplied. Indicate the direction of the change (increase or decrease).
(a) Market for Coca-Cola: People finally realize that drinking too much soda can cause diabetes (which is bad).
(b) Market for Coca-Cola: One of the big Coke factories unexpectedly shuts down.
(c) Market for Coca-Cola: Pepsi goes out of business.
q.the head of the central bank of a small african nation is trying to determine whether the m1 or m2 money multiplier
q.based on the production function parametera. which industry or industries appears to exhibit decreasing returns to
Recommend appropriate pricing and nonpricing strategies for your new or existing good or service based on the projected economy’s stage in the business cycle and the prevailing projected economic conditions for one or more macroeconomic factors. Expl..
Are there any particular imported commodities that you or your firm rely on. Illustrate what has happened to the supply of these imports over the years.
Briefly elucidate why magnification effect plays an important role in predicting where various groups in economy will support or oppose international trade.
How long will this discount change the consumer surplus and producer surplus? Will Big Top be more efficient by offering the discount to children?
_____ is NOT a characteristic appropriate for a yield management strategy.
Why do you suppose R was included in the equation as a variable? If you were a supplier to the furniture manufacturer.
To extract the seller’s surplus, a buyer should design a bulk order offering the seller ________ up to the desired production.
Merit goods have received considerable attention. Can concerts and other publicly provided services be rationalized using these ideas.
What can you say about the price elasticity of demand for DVD players. What will this price reduction necessarily lead to an increase in profits for DVD player manufacturers.
What is strategic planning and why it is crucial to an organization’s survival? In your response, and how strategic planning differs from strategic management?
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