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Suppose a firm has a constant marginal cost of $12. The current price is $25 and at that price it is estimated that the price elasticity of demand is -4.0.
a. Is the firm charging the optimal price for the product? Why?
b. Assuming the elasticity remains at --4.0 what is the optimal price?
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Mercedes fell while trying to cross a 6-inch-deep stream while the tour group was on a walking tour to see hippopotami in a river at a game reserve. In the process, she injured her left ankle also foot. She sued Samuelson for damages. Is Samuelson..
You want to design the intranet project in such a way that employees in the company's offices around the world and in the executive and support departments in the host country offices feel that they are part of the company.
The annual demand for cups is 2.3 million, the annual carrying cost per box of cups is $1.90, and the ordering cost is $320. Determine the optimal order quantity and total annual inventory cost.
Final Paper Emphasis of the Final Paper in Week One each student will select a generic organization manufacturing plant, hospital and so on. Endure in your role as a hired consultant for this organization
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