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1. What strategies are proposed in the Babson College competition to obtain control over market price?
2. Given the competitive nature of consumer products industry, why do you believe firms spend millions on Super Bowl and other primetime ads? How would a firm measure the effectiveness of its ads?
3. You are the assistant to the CEO of a small textile firm that manufactures high-quality, premium-priced, stylish clothing. The CEO has decided to see what the opportunities are for exporting and has asked you for advice as to the steps the company should take. What advice would you give the CEO?
Suppose an individual’s inverse demand for fish caught by a commercial fishery is estimated to be P = 10 – 0.4Q, where P is the price of fish (per pound) and Q is the quantity of pounds demanded.
discuss several ways in which greater educational opportunities for young women could lead to faster economic growth in these countries.
A firm’s short-run cost function for the production of gizmos is given by the following expression: C(y) = 10y2 + 200y + 100 000 a. Calculate the range of output over which it would be profitable for this firm to produce gizmos if it can sell each gi..
the following is a labor supply functionwage per
Describe why this does not represent a violation of the law of demand. Which of the subsequent best explains illustrate what a forward contract.
Consider a small barter economy with only two individuals, John and Mark. John's preferences for the two available goods (x) and (z) are given by: Draw the Edgeworth box for this economy including example indifference curves for each individual and t..
Your average total cost is $24; the price you receive for the good is $18. Should you keep on producing the good? Why?
Calculate the value of expectation damages for the first buyer and show that it gives the seller the correct incentives regarding breach of the original contract.
You are responsible for the manufacturing budget preparation. What other forecast or budget/s affects the raw materials budget and in what way? How would a growth in the sales forecast affect the raw materials budget?
Maria decides to switch a major and is now a student in business. in period 2, she will have a BA in business and her income will be $88000. determine Maria's lifetime wealth. determine consumption and sacving of maria in period 1 and period 2.
q.1. as per concepts of production function indicate whether each of the following statements is true or false.
Illustrate what happens if the consumer faces a borrowing constraint that prevents her from borrowing.
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