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COMPANY "AMERICAN AIRLINE"
Select a company that uses (or has used) dynamic pricing.Using the Cybrary, the Internet, and/or your course materials,Briefly explain how the company uses dynamic pricing.Discuss the benefits and drawbacks of dynamic pricing for that particular company.
Perloff, J. M. (2004). Microeconomics (3rd ed.). New York City, NY: Pearson Addison Wesley.
Objective:Describe the macroeconomic and microeconomic concepts and how they relate to the management of a global organization.Critically analyze and evaluate real-life economic problems and opportunities by applying economic concepts, principles, and theory.Discuss the opportunities provided by technology for businesse
Conclude with a summary of your findings.
In 2008-2009, the nation economy retrenched in the wake of a global financial crisis. Did the globalization of capital markets contribute to this crisis.
Illustrate what is the gain for a nation that results from specialization in the production of products for which there is a comparative advantage.
What is the main policy message of the AS-AD model, and how does it relate to the 1930s Keynesian revolution in economic theory? What should today's policy-makers assume about the natural rate of unemployment?
Elucidate how would this technological change affect the price elasticity of demand for natural gas
Assume there are two types of investments, business investments. There is a permanent increase in the nominal supply of money.
Elucidate how each of the following will affect the consumption and saving schedules (as they relate to GDP) or the investment schedule.
Discuss the appropriate discretionary fiscal policy that the government should adopt, given the above situation.
If increased government spending and tax cuts were equally effective in stimulating aggregate demand, which fiscal tool would you select? Why?
If consumption increases through $12 billion when real disposable income raise by $15 billion, What is the value of the MPC? Determine the relationship between the MPC and the MPS?
According to the neo-classical economic theory, the market is a natural, self-regulating system that tends automatically towards the full employment equilibrium of supply and demand.
Suppose that the money market is initially in equilibrium and that money supply is then raised. Explain the adjustment toward a new equilibrium interest rate.
explain why do companies grant discounts to senior citizens and students
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