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Question: Your company is entering a new market and testing new products A and B. Research shows that sales are affected by the weather. A company in warm weather can sell 600 products A and 1975 products B, and in cool weather - 1000 products A and 625 products B. It is known that the cost per unit of production during these months amounted to $ 27 for product A, for product B - 8 dollars, and the selling price is 48 dollars and 16 dollars, respectively. Help the marketing team find the best strategy to maximize the company's average revenue in any weather.
Explain two reasons a minority in a median-voter model is able to obtain net benefits through a restrictive trade policy that clearly harms that majority group and the country as a whole
What changes did the working class experience as a result of the revolution? How did the revolution impact other parts of the world?
ECO 500- Why is the profit margin dropping? Is the company failing to control costs? Are there inefficiencies in production? Are prices properly determined?
Provide an example of good data and an example of bad data. Explain the following: Other than collecting primary data where might you search for secondary data?
Current economic theory and their application or lack of application to contemporary economic problems
How do you implement a price increase? Also, what statistical analysis can you use to analyze the impact of increase in price on consumer demands?
How do drinking patterns in the United States compare to those in other countries?
in your own words explain as and ad curve and the resulting equilibrium. specifically describe why the two curves are
Assume a firm has an inaccurate or inadequate performance measurement system. What types of decision errors might this cause the firm to make?
What does the Federal Reserve say about the current state of the economy?
Why is the idea that value depends on consumers' preferences a radical ideal?
Does the work stoppage by the truck drivers, in this case, represent an economic strike or an unfair labor practice strike?
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