Illustrate what alternative decisions might you be able

Assignment Help Business Economics
Reference no: EM1355380

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: EM1355380

Questions Cloud

Organizational and societal functions of public relations : What similarities and differences exist between organizational and societal functions of PR?
Solving objective finance problems : Janice wants to send her parents on a cruise for their 25th anniversary. She has valued the cruise at $15,000 and she has five years to accumulate this money.
Disadvantages of accrual accounting : What are advantages of public firms reporting to investors using an accrual and not a cash approach? What are the disadvantages?
Decision making in personal and professional lives : Discuss how ethical dilemmas may arise when the values between an employee and a company or the values among different groups of stakeholders are competing?
Illustrate what alternative decisions might you be able : Illustrate what alternative decisions might you be able to make in the long run. Explain" "Clearly explain the factors to consider as your "fixed factor".
Aaccrual basis accounting : Publicly traded firms are required to report to the investors using an accrual not a cash-basis approach. Do you think they should? What are the advantages? The drawbacks?
Perception of end state at different organizational levels : Will the end state be perceived differently at different levels in the organization? How will mid-level managers or first-line employees see the end state?
Calculate the force of gravity between a human child : Two sound sources radiating in phase at a frequency of 580Hz interfere such that maxima are heard at angles of 0 and 24 from a line perpendicular to that joining the two sources. Find out the seperation between the two sources. The velocity of sou..
Explain why wbs has different levels : Explain why a WBS has different levels and what each level represents. Respond to the following: "If you were a project manager in charge of employees affected by the above situation.

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