User Account

All Pages

Hypothetical opportunity costs of the activity

Assignment Help Business Management
Reference no: EM133046922

For each of the following activities, what would the most hypothetical opportunity costs of the activity. 

  • Sparkling Ice begins bottling and distributing strawberry refresher.
  • Rihanna, a major pop start who generates $10 billion a year on her world tours, decides to pursue her MBA at Princeton
  • Papa Joe's is a regional chain of pizzerias.  They are best known for their Jumbo Seafood-Max Pizza. Create a list of five hypothetical Papa Joe's customers and for each provide a hypothetical reservation price.  The reservations prices should range from $5 to $30.  Assuming the actual price of the pizza is $15, calculate consumer surplus. What is the level of sales?
  • Papa Joe decides to celebrate his business anniversary by giving these customers a free pizza.  What happened to consumer surplus?
  • Finally, is Papa Joe "creating value" at the original price of $15?  You'll have to make some assumptions to answer this. Include these and the reasoning behind the response. 

Reference no: EM133046922

Questions Cloud

Develop practical skills of using CRM tool : Develop practical skills of using CRM tool (e.g. Salesforce) for effective customer experience management - Create and Customize Products
What interest should be charged : A lender is willing to make a loan as long as a 12% expected rate of return is received. What interest should be charged? Show all calculations
Obama administration and trump administration : What is the Negotiation strategies and tactics that were used by the key players of USA in Iran nuclear deal between USA and Iran?
Introduce the topic of vicarious trauma : In her discrimination model, Bernard (1997) reveals that reducing supervision to its simplest components, supervisors must decide what to address with each indi
Hypothetical opportunity costs of the activity : For each of the following activities, what would the most hypothetical opportunity costs of the activity.
Describe the purpose of the p-40 budget exhibit : Which one of the following best describes the purpose of the p-40 budget exhibit
Understanding of the growth model : We discussed four different crises that organizations face at stages of growth: Leadership, Autonomy, Control, and Red tape. We focused on causes and solutions.
What amount of income would be necessary : Salaries traceable to other partners are estimated to be 450,000. What amount of income would be necessary so that Mr. Isip would consider choices to be equal
Find the probability that the third ball drawn is red : Three balls are drawn, without replacement, from a bag containing 6 red balls and 6 white balls. Find the probability that the third ball drawn is red

Reviews

Write a Review

Business Management Questions & Answers

  Companies requiring them re-fit their operations

The Australian government imposes a new mandate on all companies requiring them re-fit their operations with a government approved device.

  Club managers association of america

What is the purpose of this association? Can a student join? What is the advantage of becoming a student member?

  Enterprise risk management

What were some of the key factors in the early states of UW's ERM adoption and implementation that led to its current success within the organization

  Nearest vending machine decreases

In Retireland, no one commutes to work, and everyone consumes a single good (food), which is imported from another region and can be purchased (one meal at a time) from the nearest vending machine. Alternatively, food can be delivered by a distant..

  Journal articles to read and analyze

You must select three peer-reviewed journal articles to read and analyze. These articles must cover a topic in Organizational Behavior that you have either read about or discussed within the class.

  Persuasive post and reflection assignment

Using a social media format that you are familiar with (e.g., Twitter, Instagram, Facebook, GoFundMe, etc.), create the wording for a persuasive post

  Illustrate what have been the financial characteristics

Has Adidas' business line up exhibited good resource fit between 1998 and 2007? Illustrate what have been the financial characteristics of its major business segments during that time period? Which businesses might have been considered cash hogs a..

  Describe the purpose of a contact distribution system

Describe the purpose of a contact distribution system and how it works (using full sentences)

  Great understanding of target market

What company do you believe has a great understanding of its target market? List two things they do well, and two things they could do better.

  How would you summarize outsourcing trends

How would you summarize outsourcing trends?  - What potential cost-saving advantages might firms experience by using outsourcing?

  What consequences can technological threats

What consequences can technological threats (in a business) have on consumer safety?

  Can direct shipping be achieved without collaboration

Can direct shipping be achieved without collaboration with customers and/or suppliers? What does it take to make this happen?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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