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Which of the following statements goes against Porter's 5 forces model?
A) Industry profitability is largely determined by the 5 forces
B) Firms can manipulate the 5 forces to their advantage
C) Which of the forces is most important depends on which company in the industry you are considering
D) Government regulation is not part of the 5 forces
E) Firms need to careful balance the 5 forces to determine their threats and opportunities
Describe the point at which diminishing returns occur. Indicate the points that delineate the three stages of production.
Assume Caesar allocates his entire budget to the purchase of chips as well as soft drinks.
Illustrate what is Fast Food's elasticity of demand. What does elastic, inelastic, or neither tell us about the elasticity of demand.
Next, suppose that the government establishes a price floor of $4.60 for wheat. What will be the main effects of this price floor? Demonstrate your answer graphically.
The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled
Suppose the government intends the tax to reduce the consumption of some goods for example, cigarette or chewing gum. Illustrate what will determine the effectiveness of the tax in reducing consumption
Assume no change in current productivity or current labor supply in either country. What is happening to financial flows.
Describe the strategies utilized by the critics of the infant formula companies. Elucidate the concerns of the critics of the formula companies.
what price will the firm charge to maximize its profits? what are total profits? Would a 50% tax on profits alter the firms output? by what amount and why?
Identify at least three such factors that, in your view, should be included in the GDP calculations; then elucidate and illustrate how could they will help to improve the GDP as a tool for measuring the well-being of a nation.
q1. a corporation is offered trade credit terms of 315 net 45 days.the corporation does not take the discount and
Illustrate what principles should guide policy makers. Should they cut spending and raise taxes to reduce the national debt over time. Or does the level of the national debt really matter.
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