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You work in the operations department at NationaliTeas, a large international corporation that manufactures and sells tea worldwide. Based on customer feedback and a push to work toward B Corp Certification, the board of directors is looking for new initiative ideas that would increase value to customers. Examples include offering product guarantees, seeking product quality certifications, monitoring customer satisfaction, and so on. You have been asked to outline two customer-focused initiatives that can be evaluated by impacted teams for feasibility. Specifically, you must address the following:
Suppose you were appointed economic advisor to a less-developed nation in Africa. The nation seeks to encourage capital formation and wants to increase the rate of savings of its own residents as well as encourage foreigners to invest in their nation..
Suppose a price-taking firm faces a market price of P = $70 and has a total cost function given by: Algebraically derive the firm’s fixed cost, average cost and marginal cost functions. What quantity will the firm produce? Compute the revenues, costs..
Judged in terms of the mechanisms used to allocate resources, the former USSR was
q.assume the following data describe the gasoline marketprice per gallon 2.00 2.25 2.50 2.75 3.00 3.25 3.50quantity
An economist, has the following information about Lais Island, a closed economy, for the year 1820: Y = 10,000 C = 6,000 T = 1,500 G = 1,700 The economist also estimates that the investment function is: I = 3,300 – 100 r Where, r is Lais Island real ..
A market economy and a democratic elected government is the ideal solution for South Africa's socio-economic problems.
Suppose that the manager of a firm operating in perfectly competitive market has estimated the firm's average variable cost function
What is the equilibrium price and quantity (P* and Q*) in the market for oranges with the following conditions? An event in Florida changed the supply of oranges. Demand did not change. The new supply equation is Q=5+P what is the new equilibrium pri..
Describe the IS LM curves from an extreme monetarist point of view.
The Ascot Corporation, which produces stationery, hires a consultant to estimate its production function.
The companies Uber and Lyft make up the vast majority of market share for ride sharing services. While it may seem strange
Explain what is meant by “Direct Finance” and what types of firms engage in this, give 2 examples. Explain what is meant by “Indirect Finance” and what types of firms engage in this, give 2 examples. Explain how the following things encourage the fun..
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