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Q1: To decide whether or not to proceed developing a health food concept, a company carried out a concept test. The company decided it will 'go' with the concept only if the 'top box' (i.e. Definitely will buy) score is greater than 40%. The concept was tried out by 240 potential consumers and 108 of them checked the 'Definitely will buy' box. Should the company go ahead with the concept? Show details of your work.
Q2: To decide whether to target desktop owners or laptop owners, a start-up software company wanted to find out which the two groups is more likely to prefer Windows 10 installed in their system. A survey of 36 desktop owners show that 22 of them want to have Windows 10. Of the 44 laptop owners interviewed, 25 indicated that they want to have Windows 10. Should desktop/laptop ownership be a good basis of targeting? Show details of your work.
Consider illegal immigration. How would illegal immigration be affected if all countries had property ownership rights as well defined as in the United States? Describe the types of information that market prices provide.
You observe the following facts about a fictional economy: The capitaloutput ratio is 3. The country uses 15% of GDP to replace depreciated capital. The average growth rate of the economy is 2.5 percent. What is the rate of depreciation in this econo..
A firm making more than a normal profit may still be experiencing an economic loss. An inferior good is a good whose demand decreases as its prices decreases. As new firms enter a monopolistically competitive market, the demand faced by each competin..
Explain four problems with the argument that trade protection is needed to protect American jobs. Describe the economic reasons why businesses use off shoring.
According to BIGresearch, holiday shoppers spent an average of $373 over the Thanksgiving weekend in 2008. The following data show the amount spent by a random sample of holiday shoppers during the same weekend in this year: $427 $274 $370 $238 $222 ..
If you want an expected rate of return of 16.25%, what is the standard deviation of your portfolio if stock A and B have a correlation coefficient of -0.5?
Explain how "history" affects ability of firms in this game to achieve an outcome superior to that of one-shot version of game.
Discuss the significance of economic development to international marketing. Why is the knowledge of economic development important in assessing the world marketing environment? Explain.
What are some real-life examples of Oligopoly markets? Do you consider these markets to be competitive? (Why/Why not?)
International Finance: Directions: Pick a recent news article that is directly related to any of the topics. Summarize the article, include a link, and a reflection that relates it to the topic of choice. 500 words min, You must include a few quest..
The gaming commission is introducing a new lottery game called Infinite Progress. The winner of the Infinite Progresso jackpot will receive $1000, at the end of January, $2000 at the end of February, $3000 at the end of March and so on up to $12,000 ..
Do you think governments (including your own) should be allowed to use monetary easing policies to promote economic growth? (You can refer to your own research or the attached article "Is China Sparking A Global Currency War?". How do the various cur..
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