Discuss some of the decisions that you must make

Assignment Help Business Economics
Reference no: EM1355453

""Suppose that in 2008, you became president of a small non-profit theater company. your playhouse has 120 seats and a small stage. the actors have national reputations, and demand for tickets is enormous relative to the number of seats available; every performance is sold out months in advance. You are elected because you have demonstrated an ability to raise fund successfully. Describe some of the decisions that you must make in the short run and what might you consider to be your "fixed factor"? What alternative decisions might you be able to make in the long run? Explain" "Clearly explain the factors to consider as your "fixed factor" and alternative short term and long-term decisions. Submit your analysis in a one to three page paper. "

Reference no: EM1355453

Questions Cloud

Find the change in networking capital : Darlene wants to accumulate $50,000 by the end of ten years by making Equal year end-of-the year deposits over the next ten years.
Illustrate what is the producer profit-maximizing : Illustrate what is the producer's profit-maximizing(loss-minimizing) output level. Illustrate what are the firm's economic profits.
Assume the ramp is frictionless : A mechanic pushes a 2.20 x10^3 kg car from rest to a speed of v, doing 5400 J of work in the process. During this time, the car moves 28.0 m. Neglecting friction between car and road, find each of the following.
Calculate the arithmetic annual rate of return : During the last five years you owned two stocks that had the following yearly rates of return, calculate the arithmetic annual rate of return for each stock.
Discuss some of the decisions that you must make : Discuss some of the decisions that you must make in the short run and what might you consider to be your "fixed factor"
Determine rate of return : The stock of ABC Corporation is selling for $42 per share. You put in a limit buy order at $37 for one month During the course of the month the stock price declines to $30 each share and then rises to $52 each share.
Illustrate what is the highest amount : Consumers are not able to resell good 1. For p
What are the magnitudes of the angular velocity : A boy coasts down a hill on a sled, reaching a level surface at the bottom with the speed of 8.4 m/s. If the coefficient of friction between sled's runners and snow is 0.040.
Define the term reserve price : In approximately hundred words, discuss the term "reserve price" and explain how the use of a reserve price can affect the progress and outcome of an auction.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd