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1. a. How is it possible for demand to increase with price remaining unchanged?
b. What would be the effects on the demand for rubber shoes if the following changes take place:
i. A reduction in price of leather shoes.
ii. Scientific research proved that rubber shoes are more durable.
iii. Price of latex rises substantially.
iv. An increase in consumers' income.
c. If the average daily demand for cinema ticket is given by
Q = 150 -30P
i. What would be the amount of tickets demanded if the price is $1.50?
ii. If you demand for 20 tickets, what price should you willing to pay?
iii. Graph the demand function.
What is one advantage and one disadvantage of Monte Carlo analysis for predicting a project schedule?
What are two major environmental changes that you expect to have an impact on Oil and gas companies over the next 5-10 years?
Assume you own and run a small ice cream shop located on the grounds of a private pool. You want to maximize sales and decide that allowing customers to buy on credit could be a big driver of sales since most people come to the pool without cash.
Would you have allowed borrowers to move forward with these loans considering the effect on the economy and the personal finances of these individuals?
Discuss your skills, expertise, and limitations, with emphasis on those areas where you need to develop additional skills and expertise.
What was the effect on the audience? What would you do differently?
What position should a firm take if quality and service are the key components of the firm?
briefly explain the reasons why the various elements of culture might increase the cost of doing business in a country.
elucidate how well you believe they have employed these three concepts in the strategy for the product or service. For example, if you believe they have focused adequately.
Which of the following is an example of an activity undertaken by an entrepreneur?
A. Analyze the relationship between decision making and leadership? B. Explain how the behaviors of the health care team can be enhanced by managers who are facilitators versus managers who are order givers?
What information would you use to evaluate an employer's crisis management plan and what elements of the plan are the most critical to continued business
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