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1 If the price elasticity of demand is higher in one market than in the other, the optimal pricing strategy is to charge a higher price in the market with the higher elasticity of demand than in the market with the lower elasticity.
2 Economic theory suggests that there will always be illegal immigration into countries that have much higher salaries than neighboring countries.
3 Dynamic pricing is an economist dream come true.
4. Dynamic pricing is very unfair, since poor people will not be able to afford the good or service in question during peak demand periods.
5. Income elasticities of demand can never be equal to zero
What are considered unfair labor practices by employers? By Unions?
First, please research the following types of ethical theory: consequentialism, deontology, relativism, virtue ethics, and justice. Next, choose two philosophers' original texts to examine in detail.
What do you think is the most important ethical challenge these ladies faced?
Explain Government interaction has a major impact on businesses and personal lives. Identify two government policies that influence our business environment
What would have been the expected impact on employment of skilled and unskilled knitters after a major reduction in the cost of the knitting machines?
Calculate the payout ratio for a firm with a growth rate in dividends of 5% and a required return on equity of 20%.
Compare the termite behavior to self-organizing properties of organizations. You will have an opportunity to provide meaning to what different types of mounds.
Given the "Moral Hazard", in your opinion, whether many insured patients in the U.S. really "abuse" the healthcare system?
Based on what you have read this week on project baselines and monitoring and controlling a project (LO5), discuss what the term contingencies mean? Should contingency costs be included in a project proposal or budget? Why or why not?
How is diversity a strategic business imperative for organizations? Can you provide some examples of how diversity is benefiting organizations?
Consider the probability distribution of the first year cash flows for the ABC Project:Possible Cash Flow Probability$1,000 20%$2,000 60%$3,000 20%
Potential problems posed by the formation of more than one coalition within an organization, each one advocating a different direction or alternative? What steps can you take as a manager to make sure dueling coalitions result in constructive d..
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