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Suppose a firm faces the demand curve which gives a constant price elasticity of demand of -2. (Lerner Index)
A. If the firm's marginal cost is constant at $2, what is the profit-maximizing price and quantity?
B. If the firm's marginal cost increases to a constant $3, what is the profit-maximizing price and quantity?
Search a recent article online or business magazines such as Forbes, Business Week, WSJ..etc. and identify OM concepts and issues that are discussed. Please apply these to the topic of "What Do Managers Do?"
Craft Company produces a single product. Last year, the company had a net operating income of $95,360 using absorption costing and $78,800 using variable costing. The fixed manufacturing overhead cost was $12 per unit. There were no beginning invento..
Give three examples of unethical behavior involving location selection, and indicate which ethical principle is violated
i which ratio measures a firms leverage?a.debt-to-equityb.current c.return-on-assets d.asset
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What is the best approach for me to take in creating or implementing an order taking system and how do I deal with Privacy issues?
Determine the Mercedes dealer's optimal ordering policy.What is the maximum shortage that will occur?
Describe the four functions of management. Provide an example of each of the four functions from the selected organization.
What is the strategic role of Takt time, and how is it implemented by the cost management analyst? What is the Takt time for this product?
you are about to embark on an international negotiation. you work for a multinational oil company and your company has
BI and big data are important factors for all companies. By leveraging such tools, that companies can gain a clear advantage over their competitors. So, what are your thoughts on BI? Do you believe that BI can give companies a clear competitive advan..
What outputs will a governance board need from the PMO to assess status and why?
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