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Question 1: Identify and describe which of the two cocktail services mentioned in this module will be most appropriate for your business idea.
Question 2: With your catering business operations in mind, bulleted list similar in structure to the lists provided in your course textbook. Your list should reflect items which compliment your operation's brand and/or cuisine.
Question 3: Once your basic list is complete, explain how you determined which cocktail service is best suited for your catering business idea.
Question 4: It's not a competition of the two services so even if you feel both or none are appropriate for your business model, please describe why.
A local widgets firm hires you to analyze their cost structure. The firm's industry is nearly perfectly competitive in all requisite characteristics. The company has given you the short run cost functions from existing data: TC=800 +60Q-4.5Q^2+.15Q..
velocity 8 8 Real GDP12,00012,000 a,find the price level for 2012 and 2013 What is the rate of inflation between the two years b,What is the rate of inflation between the two years if the money supply in 2013 is 1,100 and output is 2013 is 12,600
Now suppose world relative demand takes the following form: Demand for apples/demand for bananas = price of bananas/price of apples.
A person arranges to repay a a$1000 bank loan in 10 equal payments at a 10% annual interest rate. Immediately after his third payment he borrows $500, also at 10% annual interest rate. When he borrows the $500, he talks the banker into letting him..
Execute this statement using the Microsoft SQL Server Management Studio. Run an SQL SELECT query in the Microsoft SQL Server Management Studio GUI tools to demonstrate that the view Popular Shows View was constructed correctly.
b. Calculate the aggregate social welfare in the competitive market c. Suppose Christmas tree suppliers get together to form a price-setting cartel (monopoly). What will price and quantity in this market be
Competitive Firm Suppose the competitive market price is $84, and a competitive firm's total costs = 4q2 - 4q + 100 and marginal cost = 8q - 4. a. Solve for the profit-maximizing (or loss minimizing) quantity (q*).
Consider carefully the following quotation: "[E] conomists seem always to talk about the cost of medical care, as if that kind of spending were a bad thing.
Again, start with the original model, but now allow wages to differ across four groups of people: married and black, married and nonblack, single and black, and single and nonblack. What is the estimated wage differential between married blacks an..
Estimate the OLS regression for pounds (y) vs. candy (x) - perform the Breusch-Pagan test for heteroskedasticity
Assume the IR constraint holds with equality. By differentiating it, show that the mechanism is such that better risks tend to buy more credit enhancement, and the repayment R decreases with the guarantee y.
When a good is limited, some means must be found to ration the scarce commodity. Some examples of rationing devices are auctions, ration coupons, and first-come, first-served systems. What are the strengths and weaknesses of each?
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