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1. Why is it more affordable to retain customers than looking for new ones?
2. How would a marketer handle or retain a customer that is price sensitive or the bargain hunter?
3. How would a marketer handle or retain a customer that is price sensitive or the bargain hunter?
4. What are your thoughts on how environmental scanning provides information about social, economic, technological, competitive, and regulatory forces?
5. What is marketing?
It is said that the main job of management (or a manager) is to manipulate the people and the environment in order to successfully implement the strategic plan.
What is the p-value associated with coefficient's t-statistic?
Determine the appropriate risk-free rate and equity risk-premium to use in valuing your company. Briefly explain the reasoning behind your estimates - Determine the appropriate weighted average cost of capital to use in valuing your company. Show ..
If Sally initially consumed 4 units of x and 12 units of y, how much additional utility does she get from spending one (small fraction of a) dollar more on good x? How much additional utility does she get from spending one (small fraction of a) dolla..
Externalities. Consider the example of the perfectly competitive steel firm from class. The firm takes the market price p = $35 (per unit of steel) as given and chooses quantity q (units of steel) to maximize its profits. The firm has increasing (pri..
Unionization adds to the cost of hiring labor, thereby decreasing aggregate supply. All else remaining constant, what will be the long-run impact on the price level and GDP output?
If the value of a piece of property increases by 300% ($2 million to $6 million) in 10 years, what is the estimated rate of return? Include cash flow diagrams and P-A-I-N-F-G-g for economics problems.
The Omnibus Budget Reconciliation Act (OBRA) limits physician payments. In your opinion, is the physician salary still too high in the U.S. now?
Suppose an individual has the following utility function defined over wealth: U = U(√wealth). The individual has an initial wealth level of $20,000. What is the expected loss? What is the maximum amount this individual is willing to pay for insurance..
What do cities do to try to balance out the inefficiencies arising from the three often conflicting criteria for determining optimal jurisdiction size? Be sure to describe the two frequently used methods.
Show an example of how to (1) derive compensating variation using indifference curves/budget constraints and (2) derive CV using expenditure function. Also, (3) compute expenditure function from cobb-douglas utility function and quasi linear utility ..
The distinction between the short run and the long run for a perfectly competitive firm or a monopolist is that:
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