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How can price and income elasticity measures be used by businesses to help maximize their sales revenue during an economic downturn? Please provide a specific example from your current or previous company to illustrate your answer.
Explore one of the sophisticated alternative pricing techniques (i.e. price discrimination, price bundling, etc.) and provide an example of how it is used. What are some constraints that may limit the ability of firms to use these techniques?
You deposit 319 dollars in an account every year for 7 years that earns 10 percent annual interest. What is the present value of your deposits today (the present value of the annuity at time 0)? (your first deposit will be exactly 1 year from now ..
You are a division manager of Toyota. If your marketing department estimates the demand for the Highlander is Q = 150,000 - 15P, what price should your charge in order to maximize revenue from sales of the Highlander?
Customer Integration and Satisfaction (Advanced business logistics)
Suppose that the opportunity-cost ratio for watches and cheese is 1C ? 1W in Switzerland but 1C ? 4W in Japan. At which of the following international exchange ratios (terms of trade) will Switzerland and Japan be willing to specialize and engage in ..
Analyze the following economy (two goods,two periods,two representative consumers with endowments).. Xavier has Cobb-Douglas preferences over consumption today (A1 for apples today) and tomorrow (A2) of the form UX=.51 log(A1 ) + .49 log(A2 ). He beg..
The demand for a product is given by P = 350 − 2Q and the supply is P = 30 + 4Q. What is the increase in the tax rate needed to reduce the quantity transacted on the market by two units? How about if we want to reduce quantity by 5 units?
Illustrate what would be the production possibility frontiers for Brazil as well as the United States.
A $78,000 mortgage has a 30-year term and a 9% nominal interest rate. (a) What is the monthly payment?
It is easy to understand why a large harvest of corn should lower the per unit price. Explain how that could actually lower the total receipts.
What likely to be the effect of such restrictive monetary policy on the budget balance for the government and national debt if there are no other policy changes?
he previous manager used a transactional leadership approach, which has been relatively ineffective. Evaluate one leadership style and describe which you would take. An experienced executive assistant discovered that she made the same amount of money..
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