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What pricing strategies branded manufacturers should apply if they want to supply a Limited Range Discounters (Lidl, Aldi) while simultaneously supply traditional retailers ? Should they apply Cost-Oriented pricing with one of the full-cost pricing or direct-cost pricing or should they apply Competitor-oriented pricing with one of the going-rate pricing or competitive ? Or should they apply market oriented pricing?
Illustrate what are the real income also interest rate elasticities of real cash balances
A firm has a monopoly on a new type of gaming console. The market demand is given by P=307.4-0.003*Q and thus marginal revenue is MR=307.4-0.006*Q. The monopolist's marginal cost is MC=4.3+0.001*Q. Calculate the profit-maximizing production quantity?
What are pros and cons of having a fixed exchange rate and floating exchange rate? Please provide the complete solution of this problem.
1. What is the equilibrium price of Martin guitars? 2. What is the equilibrium quantity of Martin guitars?
International Monetary Fund? (IMF) "quotas" refer to
Assume that only one health condition ever afflicts people for which one treatment is available, costing $100,000. The condition is very bad, so all consumers would be willing to pay for the treatment even if they did not have insurance. Consumers al..
Joe and Mary can each produce salads and smoothies. He can make 6 smoothies per hour or 30 salads per hour. She can make 30 smoothies per hour or 30 salads per hour. Make a graph with salads per hour on the vertical axis and smoothies per hour on the..
Executives of Studio Recordings, Inc. produced the latest CD by the Starshine Sisters Band, titled Sunshine/Moonshine. The following cost information pertains to the new CD: CD package and disc (direct material & labor) $1.25 per CD Songwriter’s roya..
Compare the profit-maximizing output and price for Wavy Gravy with the output and price that would arise in the long run if this industry were perfectly competi
Suppose the doctor would be content with 95% confidence. How does the decrease in confidence affect the sample size?
Assuming that the economy is below full employment, demonstrate the effects of an increase in investment of $700. How will the increase in investment effect the economy in future periods? Assume that the MPC in the economy is .80. Show results graphi..
Compare the additional income Microsoft makes as it moves from 20 million to 40 million copies of Vista with the additional income it makes as it moves from 40 million to 60 million copies of Vista.
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