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What modern-day legislation may the government enact that would be beneficial to the digital economy?
What would it look like if that were to happen?
Assume 250 days of operation per year. If the lead time for an order is 5 days, what is the reorder point?
Would you advise the company to raise the price, lower the price, or to keep the price the same? What if the elasticity were 0.6? What if it were 1
1. Which is more "cartel-like", the English Premier League or the NCAA?
Describe a pricing decision your company has made. Was it optimal? If not, why not? How would you adjust the price? Compute the profit consequences of the change.
1. On separate supply and demand diagrams, draw and then explain the shifts of the demand curve for hot dogs in Bentlyville due to the following events.
Suppose that, in a perfectly competitive market at the profit-maximizing quantity, the market price is greater than average total cost. Carefully explain what will happen to the number of firms, the market supply, and the price of the good as we move..
Show that, in the one-dimensional model with office-motivated candidates (i.e., Down. sian model with win motivation and no uncertainty), announcing capx^m weakly dominates every other strategy for candidate A.
Consider the market for cable-based Internet access service, which is a normal good. Explain whether the following events would cause an increase or a decrease in demand or an increase or a decrease in the quantity demanded.
A medical device company has a monopoly on a certain class of cardiac implants. Demand for the implants is given by P=28000-5Q and marginal revenue is given by MR=28000-10Q. The total fixed costs for the implants division is 50000 and the marginal co..
What aspects are essential in identifying appropriate members for teams and ensuring the teams are successfully launched? What factors are important to ongoing team dynamics? Describe guidelines to evaluate the function and productivity of teams.
The short-run supply curve of a competitive industry is derived by. Along the long-run supply curve of an increasing-cost industry that is characterized by perfect competition, all of the following can vary except. For the case of an increasing-cost ..
Many people within a country may recognize how social, political, and cultural influences have an impact upon them. At the same time, social, political, and cultural influences may be such a part of daily life that they seem merely “the way things ar..
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