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When we talk about demographics it is another word for profiling. Who are we reaching, who is buying and who may be a potential target market. Some people have an ethical issue with profiling.
Assume that candle wax is traded in a perfectly competitive market in which the demand curve captures buyer’s full willingness to pay while the supply curve reflects all production costs. Maximum willingness to pay exceeds minimum acceptable price:
What will the new Lerner Index be after some time with the new demand curve and market price of 30? What firms survive the new demand curve in the industry and why?
A clinic has $1 million in revenues and $950,000 in costs. What is its operating margin?
One supply side measure introduced by the Reagan administration was a cut in income tax rates. Use an aggregate demand/aggregate supply diagram to show what effect was intended. What might happen if such a tax cut also shifted the aggregate demand cu..
One plan to raise money for Texas schools involves an “enrichment tax” that could collect $56 for every student in a certain school district. If there are 50,000 students in the district and the cash flow begins 2 years from now, what is the present ..
Suppose that the firm’s production function is given by Q = 10KL1/3. The firm’s capital is fixed at K. What amount of labor will the firm hire to solve its short-run cost-minimization problem?
Moli Labs Inc. is developing medical research on anti-memory loss pill. The lifetime value of the patent would be V = $840 (in millions). The company can invest in many separate identical labs. Each lab costs $21 million to operate, and each has a pr..
Think of a strategy pursued by the company your work for, another company, or even a sports team. How can game theory help improve the outcomes for the decision makers? Explain whether simultaneous-move, repeated-move, or sequential-move games are mo..
Requisition items through Military Standard Requisitioning & Issue Procedures (MILSTRIP)
The supply curve for portable charcoal grills shifts
Why do you think that economic profit may be a better measure of profit than purely accounting profit? Why would accountants be well advised to broaden their perspectives when it comes to the interpretation of costs?
If expectations are adaptive it means that the expected rate of inflation
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