The company has two economics consultants

Assignment Help Basic Computer Science

Reference no: EM13948201

Suppose an electronics company devises a strategy to offer an extended warranty on its products that expires right before the products are most likely to need repair.

The company has two economics consultants. One of them, Juan, says that the company will not sell any of these warranties (at least in the long run), because people will figure out their strategy. The other economist, Fatima, says that the company should do it and that they will earn profits (even in the long run) with this strategy.

Can you characterize these two economists and their different assumptions?

Reference no: EM13948201

Questions Cloud

Cell phone design process : You work for Motorola in the global cell phone group. You have been made operations/project manager for the design of a new cell phone model. Your supervisors have already scoped the project so you have a list showing the work breakdown structure ..

Compute the maximum and minimum loads : A 15.2 mm (0.60 in.) diameter cylindrical rod fabricated from a 2014-T6 aluminum alloy (Figure 8.34) is subjected to a repeated tension- compression load cycling along its axis. Compute the maximum and minimum loads that will be applied to yield a..

Choose companies or industries for which jit : Choose companies or industries for which JIT would be totally inappropriate?

Exhibits superior writing for the business arena : Responds clearly and completely to the assignment without wordiness or unnecessary information. Uses well-chosen examples and expands on those examples in appropriate detail.

The company has two economics consultants : The company has two economics consultants. One of them, Juan, says that the company will not sell any of these warranties (at least in the long run), because people will figure out their strategy. The other economist, Fatima, says that the company sh..

Determine the amount of depreciation expense to be recorded : Determine the amount of depreciation expense to be recorded on the machine for the years 2012 and 2013 under each of the following methods:

Determine whether each of the variables is qualitative : Determine whether each of the variables is qualitative or quantitative, and why? Determine if they are discrete or continuous, and why? Determine their level of measurement. Be sure that you understand the definitions of all data types and levels.

Environmental analysis and industry analysis : Based on the organization you have selected in Module 1, write the Environmental Analysis and Industry Analysis sections of the Capstone Project (500 word maximum).

Suppose demand is given by qxd : Suppose demand is given by Qxd = 25 - 5Px + 2Py + Ax, where Px = $10, Py = $5, and Ax = $100. What is the advertising elasticity of demand for good x?

User Account

All Pages