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Consider the market for a breakfast cereal. The cereal's price is initially $3.00 and 70 thousand boxes are demanded per week.
The company that produces the cereal is considering raising the price to $4.00. At that price, consumers would demand 60 thousand boxes of cereal per week.
What is the price elasticity of demand between these prices using the midpoint formula?
The price elasticity of demand using the midpoint formula is ____. (Enter your response as a real number rounded to two decimal places.)
Explain how can conflict be managed to ensure that it remains functional? Do managers have a responsibility to ensure that conflict is functional or to eliminate dysfunctional conflict?
Interview a CLO (or research the role of a CLO.) Be prepared to compare and contrast how he or she is building value for his or her organization to the guidelines prescribed by Elkeles and Phillips.
Write a letter offering a problem solving recommendation to an spectators who is not expecting the letter.
The CEO read in recent business news that the average time employees spend working is 6.5 hours. The report identified personal e-mail use, online browsing, and phone calls as primary sources for detractors from work time.
Create a program with an user interface that has one button. Every time the button is clocked. An output is produced to simulate the outcomes when a dice is rolled.
Computer system, behavior, ethnic diversity, and motivation - One of the issues in this solution refers to an employee who is reluctant to shift to new way of doing things.
In the petroleum and coal productions industry, the total purchase/sales ratio is 80 percent, while in the food industry it is about 60 percent. Explain what these numbers mean. Of what significance is this number for a supply manager in a comp..
identify an organization in need of change.identify an organization in need of change. what are the key challenges and
Analyze and explain complex legal issues including regulatory, procedural and constitutional issues
How would you characterize Timberlands exercise of its corporate power in society? Is Timberland using its influence responsibly?
1. How do you determine market sales potential and profitability? 2. Estimate potential sales for different consumer groups. Select three possible target groups that you could market your product to in the country area.
Develop a guerrilla marketing strategy for your small business. Discuss the most appropriate location for a second store (an actual street address). Explain your reasoning.
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