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Suppose a nationwide sales manager sells a software package at $99 during the last quarter. The manager observes that the own-price elasticity for the software is -0.83. At the end of each quarter, the manager receives a bonus equal to a percentage of the sales revenue generated. To maximize the bonus, what should the manager do about price next quarter?
Think about the demand for the three popular game consoles: XBox, PS3, and Wii. In each of the scenarios below, briefly describe the effect on (a) the demand for XBox games and (b) the quantity of XBox games demanded
Suppose ABC were to use the caps as a promotion. How many caps could ABC give away free? At what price would no caps be sold? Calculate the price elasticity of demand at a price of $6?
Consider a good whose consumption takes place publicly. On what factors would your decision to buy that good depend.
Emerging Markets Project. Select an emerging market that you would like to learn more about (Not your country of origin). Start by compiling fundamental country data, then do additional research to flesh out the nature of the market opportunity offer..
You operate a small but popular and profitable restaurant/bar in a college town. There are several other restaurants and bars nearby. You have conducted a market research study and discovered that the price elasticity of demand for local residents is..
Describe some of the key decisions Apple management has faced within the past year or two. Identify an ethical issue the organization either faces or has faced in the past. If it has not been resolved, provide an analysis of how the issue should be a..
Explain in detail what the United States of America's national debt is? i.e What is the US national debt?
During the 2008 financial crisis and the subsequent recession, how did major U.S. banks respond to the actions of the Federal Reserve? How did those monetary policy actions affect U.S. businesses and households?
What are some potential "third-party effects" in the large-scale transferring of water rights from agricultural to urban areas?
Prompt: Submit a draft of the Costs of Production (Section IV), Overall Market (Section V), and Recommendation (Section VI) of your research paper, including all critical elements listed below.
What is the challenge of organization in international business? Why do managers increasingly worry about it? What trends drive current change?
Suppose Atlanta is proposing to finance their new NFL stadium using taxes on hotel rooms. The idea is that this will get visitors (who are likely benefiting
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