Ndicate which would be the most influential

Assignment Help Macroeconomics
Reference no: EM13210305

if you were a manager in a tobacco company, analyze the elasticity of demand for tobacco products. Evaluate the factors involved in making decisions about pricing tobacco products indicating which would be the most influential.

Using the same scenario above, discuss how the elasticity influence the short-term and long-term decisions of the company and the impact to the decision made related to profitability.

Reference no: EM13210305

Questions Cloud

Determine what is the firms total monthly profit : Corporate orders generate an avg. contribution of $100 per coat. Firm K has just recieved and unexpected order for up to 300 coats but has unused capacity to produce only 200. One manager recomends delivering 200 coats.
Depict the line-bond formula of an ester in jojoba : Draw the line-bond formula of an ester in jojoba wax formed from arachidic acid, a 20-carbon saturated fatty acid, and 1-docosanol, CH3(CH2)21OH.
Determine the annual inflation-free interest rate : assume also that to finance the purchase you borrowed $10000 from a local bank 9% compounded monthly over two years. the bank calculated your monthly payment at $456.85 Assume that average general inflation will run at 0.5% per month over the next..
Compute the equilibrium vapor pressure of naphthalene : Sample of solid naphthalene is introduced into an evacuated flask. Use the data below to calculate the equilibrium vapor pressure of naphthalene (C10H8) in the flask at 25°C.
Ndicate which would be the most influential : if you were a manager in a tobacco company, analyze the elasticity of demand for tobacco products. Evaluate the factors involved in making decisions about pricing tobacco products indicating which would be the most influential.
State the elctrolysis of an aqueous sodium chloride solution : The elctrolysis of an aqueous sodium chloride solution using inert electrodes produces gaseous chlorine at one elctrode. At the other electrode gaseous hydrogen is produced and the solution becomes basic around the elctrode.
State the salt is in first begins to precipitate : A solution is 0.034M in Na2SO4 and 0.035M in Na2CrO4. Solid Pb(NO3)2 is added without changing the volume of the solution.
Explain what would we expect in the long run : Bolivia's real GDP per capita is growing at a rate of 1.3%, which would we expect in the long run Assume real GDP per capita in the United States begins at a level above that of real GDP per capita in Bolivia.
Discuss the significance of the special covenant : Discuss the significance of the "special covenant" between the Jewish people and God.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Compute the cash payback period

The 3-Stooges partnership is planning three long-term capital investment proposals. Each investment has a useful life of 5 years. Relevant data on each project are as follows.

  True or false question-import tariffs

Say if the following statement is true or false and why-Exports depend only on the demand of foreign countries for our products and therefore our exporting

  Discuss what has occurred to change the demand

Assume the basis for the trends in consumption patterns as discussed in the article. Discuss what has occurred to change the demand for, or the supply.

  How would this monetary policy rule depend

Show how it would work in the context of the IS-MP diagram. How would this monetary policy rule depend upon the sensitivity of investment to the real interest rate?

  Forecasting ease of calculation

Among the advantages of technique of forecasting are ease of calculation, relatively little requirement for analytical skills, and the ability to provide the analyst

  Worth of depreciation schedule for straight-line and macrs

A profitable company making earthmoving equipment is considering an investment of $100,000 on equipment that will have a 5-year useful life and a $20,000 salvage value. If money is worth 10%, what is the difference in Net Present Worth of the de..

  Determining the law of supply

In article on the steel industry, The Wall Street Journal noted that as steel prices were falling, steelmakers were not cutting production

  Us dollar and canadian dollar

You are trying to decide whether to buy some laptop computers for your business in either Canada or in United States. Looking at identical machines on the Dell Canada and the Dell US web sites, you find that they sell for US $2000 (US dollars) in ..

  Components of fluctuations in economy activity

Explain the various components of fluctuations in economy activity over time. Because economic activity fluctuates, how is longterm growth possible?

  How could the ecb offset the impact of inflation

Suppose that natural real output in the country of Eudemonia grows at a steady rate of 3 percent per year. In the past, velocity has been approximately constant, and the Eudemonian Central Bank (ECB) has maintained a target reate of growth of 4 pe..

  Evidence that the oil companies have monopoly power

During the oil crisis in the 1970s, long lines at gas stations disappeared soon after price controls were removed and gas prices were permitted to rise. Should this even be interpreted as evidence that the oil companies have monopoly power Why or ..

  Similar same set of price quantity combinations are utilized

The similar same set of price quantity combinations are utilized to compute the price elasticity of demand

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