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You are task to recommend manufacturing ideas/products that are profitable during this post-pandemic crisis Covid 2021 by conducting a simple business proposal.
The following format will be used:
I. Name of the Business
II. Content
III. Future Plans
IV. Survival Strategies of the Business
V. Benefits of consumer on their business
A new vehicle costs $20,000. Its salvage value decreases 15% per year. Its maintenance is estimated to be $700 at the end of year 1, $1,400 at the end of year 2 etc. At a MARR of 10%, what is its economic service life in years?
Considering political disposition as an axis of product differentiation does vertical or horizontal differentiation best categorize it.
Why innovation so important for firms to compete in many industries? What are some of the advantages of technological innovation? Disadvantages? Why do you think so many innovation projects fail to generate an economic return?
The price of oranges falls. What happens in the market for apples, which are a substitute for oranges?
The monopolist is able to produce the good for either type of customer at a constant marginal cost of 2, and the monopolist has no fixed costs. If the monopolist practices group price discrimination, what are the profit maximizing prices and quantiti..
After 1945, Post-modern art is frequently divided into four groups: Neorealism, Neoexpressionism, Neoclassicism, and Modernist Abstraction. Define each of these terms, and their main characteristics. Be specific, including names of artists and titles..
Suppose that an individual has a utility function U(c) = c 1=2 : They have 400 dollars. With probability 0.1 they get sick, which results in complete loss of their wealth (their wealth becomes 0. a. What is their expected wealth? What is their expect..
Consider a village where residents have no other employment or income earning possibilities besides fishing. Each resident owns a boat.
What is the elasticity of labor supply for this group of workers? (please calculcate to 2 decimal places, make sure that you keep the sign correct)
Suppose a drop in the compensating wage differential between risky jobs and safe jobs has been observed. Two explanations have been put forward: Engineering advances have made it less costly to create a safe working environment.
Global outsourcing has cost the U.S. economy far more than one million jobs since 2001, or somewhere between 15 and 35 percent of the total decline in employment since the onset of the 2001 recession. What will it likely do to lawyers' wages? How doe..
What points should be taken into account when breaking down the higher unemployment rate for indigenous Australian?
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