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Choose two real-world companies in different industries, one that you feel faces elastic demand and one that you feel faces inelastic demand. In each case, you are an economist working in the company and you have come to a conclusion of what kind of demand the company faces. You are to write a paper, convincing the president of the company of your conclusion and explaining what the company's pricing strategy should be.
200 word minimum for each company Paper must be written in APA format, for more information on APA formatting, 2 sources, other than the textbook, must be cited. Include a bibliography.
Explain how the nominal dollar/euro exchange rate would be affected (all else equal) by permanent changes in the expected rate of real depreciation of the dollar against the euro.
Current concerns stem from the fear that if medicare remains an open ended program, its share of the federal budge will continue to increase over time. Prepare a brief memo examining "a freeze in physicians' fees and a requirement of mandatory ass..
how do you define social diversity and business ethics? how has a more diversified labor force affected the corporate
Why might some people claim that the breakfast cereal industry is monopolistically competitive but that the automobile industry is an oligopoly? In both cases, about eight to ten firms dominate the industry.
this week you will apply the specific knowledge of market structures you have gained in class to abbott laboratories.
Determine the equilibrium price and quantity and explain its meaning to your chosen company. Indicate how your chosen company's management should use this information to make sound strategic decisions.
a company has sales of $30 million. A million dollar advertising campaign increases sales $10 million to $40 million, but a two million-dollar campaign raises them $15 million to $45 million. Which of the following can U.S authorities NOT do to con..
you are employed by a hospital that has succeeded through innovation in dividing its markets into three segments each
1. consider the model of corruption explored by shleifer and vishnirsquos where there is one government-produced good
question 1the smith corporation is a shoe-maker producing shoes branded p while its competitor produces shoes branded
The government wants to decrease the consumption of electricity by 10 percent. The price elasticity of demand for electricity is -0.4.
analyze and outline the three most likely reasons for growing food insecurity in the united states. do you think food
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