Entries by Admin

The Price Elasticity of Demand and Tariffs

In this week’s discussion your are going to be the CEO of a company.  You will have to explain to your Board of Director how proposed tariffs will likely effect your profits. First, select one company. Fresh Foods on the Move – Fresh Foods on the Move imports fruits and vegetables from Mexico for sale to large manufacturers who […]

 

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Market Structure and Porter's Five Forces

The Constant Fight for Profitability:  What is market structure and what is Porter’s Five Forces?  Here is some help.  https://cdnapisec.kaltura.com/index.php/extwidget/preview/partner_id/956951/uiconf_id/38285871/entry_id/0_omjj8t4r/embed/dynamic Select a monopolistic competitive firm and an oligopoly firm. Then apply Porter’s five forces and compare: 1) What are the challenges to profits faced by each firm? 2) Which firm is likely to have a much higher rate of return? 3) […]

 

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Price Discrimination: The Path to Additional Profits

What is price discrimination?  Here is some help with the basics.  https://cdnapisec.kaltura.com/index.php/extwidget/preview/partner_id/956951/uiconf_id/38285871/entry_id/1_svaboiiy/embed/dynamic The idea that transactions in a marketplace work like an invisible hand is to some extent the idea that when a person chooses to buy an item at a given price they are happy with the deal. There is no coercion. If the person […]

 

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Problem Set

Due Week 5 and worth 250 points Problem 1: Using the Marginal Approach (40 points) Suppose your company runs the shuttle business for a hotel to and from the local airport. The costs for different customer loads are: 1 customer:  $30 2 customers: $32 3 customers: $35 4 customers: $38 5 customers: $42 6 customers: $48 7 […]

 

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Managerial Economics

A monopolistically competitive firm has the following short-run inverse demand, marginal revenue, and cost schedules for a particular product: P = $45 – $0.2Q MR = $45 – $0.4Q TC = $500 + $5Q MC = $5 a) What quantity would maximize profits for this firm? (Hint: Recall that profit maximizing is where MR = […]

 

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Research Paper

Part 2 of Research Project. You will use the public   corporation that you selected and posted in the Week 1 discussion 2 and the   Part 1 of the Research Project that you submitted in Week 2.  Your Abstract will have the sentence you included in your Week 2 submission of Part 1 and […]

 

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Budget

Initial Situation  Hospitable co provides the following sales for the next 4 months                            April May June  July Sales unit   500      580   540    620 The company wants to end each month with ending finished goods inventory equal to 25% of next months sales. Finished goods inventory on April 1 is 190 units . Assume July’s budgeted […]

 

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Week 5 Assignment

The Assignment: Part 1: Calculate all materials and labor variances in a spreadsheet by using a program like Excel. Be sure to include price, quantity, wage rate, and labor efficiency variances. Part 2: Prepare a memo to your subordinate, using a program like Word. Summarize and analyze the actual costs in relation to the standard […]

 

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Data Analytics

Complete the following assignment for each intersession week. Many companies and placement agencies require candidates to have knowledge about Excel as part of their recruitment process. Knowledge of Excel is useful in several fields in various industries, especially data analysis. Read the assigned chapter for the week. Come up with a use case for the […]

 

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Week 4 Discussion, Acc 564

“The Cloud Effect”  Please respond to the following: Many firms are relying on cloud computing, also known as “the cloud,” to perform key business functions. By moving transactional processing to the cloud, firms are exposing themselves to additional attacks as well as to tighter scrutiny from regulators and stakeholders. From the e-Activity, assume that you […]

 

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