Use marginal analysis to make a business decision

Assignment Help Business Economics

Reference no: EM13986791

Assuming you are the chief executive officer (CEO) of wal mart , describe a situation in which you would use marginal analysis to make a business decision. In creating your response, consider the following questions: What type of business decision would you make? How would you determine the marginal benefit and marginal cost of the decision? To what extent would you factor the opportunity cost of your decision? And what types of trade-offs would you likely face when you make your decision

Reference no: EM13986791

Questions Cloud

Source of competitive advantage are align and differentiate : Three tests for any source of competitive advantage are align, differentiate, and add value. Discuss whether these tests are difficult to pass. Can compensation really be a source of competitive advantage? Why or why not??

Calculate the tax revenue in the post-tax equilibrium : Suppose the market for cigarettes is characterized by the following information: Qd=70–5P [Demand] Qs=3P–10 [Supply]. Calculate the magnitude of the consumer surplus and producer surplus in the pre-tax equilibrium. Calculate the tax revenue in the po..

Calculate magnitude of deadweight loss from price celling : Suppose the government imposes a price ceiling of $50 on a market characterized by the following information: Calculate the magnitude of deadweight loss from the price ceiling. Find a price floor that will result in the same magnitude of deadweight l..

Ignoring downsizing from automating : The Baldwin's workforce complement will grow by 20% (rounded to the nearest person) next year. Ignoring downsizing from automating, what would their total recruiting cost be? Assume Baldwin spends the same amount extra above the $1,000 recruiting bas..

Use marginal analysis to make a business decision : Assuming you are the chief executive officer (CEO) of wal mart , describe a situation in which you would use marginal analysis to make a business decision. In creating your response, consider the following questions: What type of business decision w..

Definition of representative and constitutional democracy : A brief working definition of representative democracy, constitutional democracy, and republic forms of government. Then, explain how these concepts impact contemporary democratic governance. Provide specific examples to illustrate your points.

Economies of scale throughout the range of market demand : Economies of scale throughout the range of market demand give natural monopolies

Well-developed essay-contrast income distribution : In a well-developed essay, compare and contrast income distribution among the American people in the periods 1880-1900 and 1980-2000. What explains the similarities and differences?

Suppose the market for semiconductors : Suppose the market for semiconductors in the U.S. is characterized by: D = 200 – 40P [Demand] Suppose the U.S. government imposes a quota of 32 units on its imports. Calculate the magnitude of the deadweight loss resulting from the quota under the as..

User Account

All Pages