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Imagine you are planning to open a new café and need to better understand the local consumers. What sources of secondary data might you use to determine the profile of residents in that area? Pick any suburb of Australian city and, using publicly available sources described below, build a profile of residents in that area. How might this information help small businesses, such as cafes, in developing their market offering?
The health care consulting group where you are employed has secured a contract with a health insurance company. One of the key challenges confronting the health insurance company is a lack of understanding of their subscriber base. Part of the scope ..
Create a flyer for your annual festival to distribute in print form throughout your community. Be sure the flyer is colorful, attractive, easily understandable to people with varying reading abilities, and appropriately detailed without being too inf..
A newspaper has a monopoly on the local news market in a town. The market demand is given by P=1.70-Q/20,000, making the marginal revenue MR=1.70-Q/10,000. The marginal cost is constant at equal to 0.80. The fixed cost is 2,000. So, the total cost is..
An investment, which is worth 31,000 dollars and has an expected return of 5.07 percent, is expected to pay fixed annual cash flows for a given amount of time. The first annual cash flow is expected in 1 year from today and the last annual cash flow ..
When nominal interest rates become "sufficiently negative" (meaning they exceed cash storage costs) , does money demand behave assymptotically and approach infinity?
Suppose a competitive firm and a monopolist each charge $5 for their respective outputs. One can conclude that:
Emergency/Crise Management, how this problem would be solve in terms of who has the problem and how they are affected, why this is a problem, what you can do to solve this problem using information technology and when this might be accomplished
Which administrative agency governs regulatory compliance of the manufacturer and what are the ethical concerns regarding the President's actions
Mac arranges financing for a load of contraband weapons he plans to sell to the rebels. The terms of the loan are as follows: The bank will provide Mac $76,000 today. Each year, for the next 15 years, Mac must pay the bank $12,400. Mac has a real dis..
Consider an antique auction where bidders have independent private values. There are two bidders, each of whom perceives that valuations are uniformly distributed between $100 and $1,000. One of the bidders is Sue, who knows her own valuation is $200..
If the price of soybeans increases and all other crops’ prices remain the same, then:
The revenue function R(x) and the cost function C(x) for a particular product are given. these functions are valid only for the specified range of values. Find the number of units that must be produced to break even. R(x) = 200x - x^2; C(x) = 10x + 7..
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