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Dynamic Pricing Benefits & Drawbacks
Select a company that uses or has used dynamic pricing, and respond to the following questions:
1. What is the definition of dynamic pricing?
2. How does the company you have chosen use dynamic pricing?
3. What are the benefits and drawbacks of dynamic pricing for that particular company?
4. Summarize your findings.
How many cases of peaches will be produced per week during the growing season, and what will the selling price per case be if producers ignore the marginal external costs imposed on others?
Problem - Income Elasticity of Demand, Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5
Analyze internal as well as external factors impact organizational behavior in the military or another agency.
Important information about Equivalent yearly Worth. With an interest rate of 10% per year and given the following estimates, the annual worth of alternative ''F'' is closest to
The utility function of a worker is represented by U(C,L) = C X L, so that the marginal utility of leisure is C and the marginal consumption is L.
When the Bank of Canada sells the government bonds to a commercial bank, the commercial bank experiences a decline in reserves and in increase in bonds. Total assets are unchanged; this is just a portfolio switch between bonds and cash.
In a closed economy without a government sector, consumption is determined as 80% of the income available to households. Investment is autonomous at a level of £450.
Explain how a change in investment can have big impact on GDp causing nationwide slump. Recall that investment is "small' relative to the whole economy.
Elucidate recommendation should be provided to each state to maximize revenue. Which state was most likely to be following a political unsupportable policy.
Illustrate the difference among dollarization, a currency board, and a fixed exchange rate regime. Do you know of any countries that have recently adopted dollarization.
Illustrate and explain the interaction of households, businesses, government and global markets in the circular flow of economic activity.
Compute total revenue at each and every price for this demand curve.
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