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During this course, you have compiled a marketing plan for your fictional start-up company. Share the most important part of the marketing plan, and include an explanation of your company and product/service, situation analysis, and the application to the four Ps (marketing mix).
Give an explanation, in your opinion, of the cultural impact of government mandated price ceilings such a rent control in New York City. Such things as supply of housing, redistribution of resources, shortages, market distortion and incentives sh..
We are always to keep the question of human nature in the background of all our discussions. Each author of the texts we read has a philosophy about human nature. Some assume universal elements that cut across all individuals, times, and cultures; o
Suppose the economy is in long-run equilibrium when a decrease in the interest rates causes an increase in new home sales. What happens to the price level and the level of output in the long run? Draw an aggregate demand/supply diagram that illustrat..
What are some real-life examples of monopoly markets? Are they necessary in our society?
Recommended a healthcare reform policy alternative to positively impact insurance coverage and financing the delivery of healthcare in this country. (400 words) Cite appropriate reference.
If natural resources are ultimately finite, does this imply that there is a limit to per capita GDP? Explain. The great economist Joseph Schumpeter coined the term "creative destruction" to characterize the free market economy.
Many argue that breaking up a monopoly is a Pareto-efficient change. This interpretation cannot be so because breaking up a monopoly makes its owners (or share holders) worse off. Do you agree or disagree. Explain your answer.
Under the Hypothetical Tax Code 1 (where the standard deduction and personal exemption still apply), if you earn $72,750.00 a year in total income, then what percentage of your total income would you pay in taxes? Report your answer as a percentage r..
Find equilibrium Y in the basic Keynesian model (round Y to the nearest whole number) What are the values of BS and NX at the equilibrium level of Y? Find the value of savings at equilibrium Y.
The government of a nation established a price support for wheat. The government’s support price has been above the equilibrium price each year since, and the government has purchased all wheat over and above the amounts that consumers have bought at..
From Strategy A if the second firm reacts with strategy D. On the other hand, firm 1 may follow strategy B which could return profits of $8mil. Or $9mil. If firm 2 reacts with strategy C or D respectively.
Which of the following statements regarding a monopolist is false? The marginal revenue curve lies below the demand curve for the monopolist's output. Unlike a perfectly competitive firm, a monopolist faces little or no competition. The monopolist se..
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