Showing 586–594 of 1959 results
-
ECO 365 Week 2 Supply and Demand Simulation
$7.00Assignment Instructions:
Complete the Supply and Demand Simulation located on the student website.
Write 700 – 1,050-word paper of no more than summarizing the content. Address the following:
- Identify two microeconomics and two macroeconomics principles or concepts from the simulation. Explain why you have categorized these principles or concepts as macroeconomic or microeconomic.
- Identify at least one shift of the supply curve and one shift of the demand curve in the simulation. What causes the shifts?
- For each shift, analyze how it would affect the equilibrium price, quantity, and decision making.
- How may you apply what you learned about supply and demand from the simulation to your workplace or your understanding of a real-world product with which you are familiar?
- How do the concepts of microeconomics help you understand the factors that affect shifts in supply and demand on the equilibrium price and quantity?
- How do the concepts of macroeconomics help you understand the factors that affect shifts in supply and demand on the equilibrium price and quantity?
- Relating to the simulation, explain how the price elasticity of demand affects a consumer’s purchasing and the firm’s pricing strategy.Format your paper consistent with APA guidelines.
-
Eco 550 week 6 assignment 2 Operations Decisions
$20.00Using the regression results and other computations from Assignment 1, determine the market structure in which the low-calorie food company now operates.
Use the Internet to research two (2) of the leading competitors in the low-calorie microwavable food industry, and take note of their pricing strategies, profitability, and their relationships within the industry (worldwide).
Write a six to eight (6-8) page paper in which you:
- Outline a plan that will assess the effectiveness of the market structure for the company’s operations. In Assignment 1, the assumption was that the market structure [or selling environment] was perfectly competitive and that the equilibrium price was to be determined by setting QDequal to QS. You are now aware of recent changes in the selling environment that suggest an imperfectly competitive market where your firm now has substantial market power in setting its own “optimal” price.
- Given that business operations have changed from the market structure specified in the original scenario in Assignment 1, determine two (2) likely factors that might have caused the change. Predict the primary manner in which this change would likely impact business operations in the new market environment.
- Analyze the short run and long cost functions for the low-calorie microwaveable food company given the cost functions below and suggest substantive ways in which the low-calorie food company may use this information in order to make decisions in both the short-run and the long-run.
Total Cost: TC = 160,000,000 – 115.56Q + 0.01111Q2
Variable Cost: VC = – 115.56Q + 0.01111Q2
Marginal Cost: MC = -115.56 + 0.02222Q
More specifically:
- Write the equation for the Average Total Cost function (ATC). (Hint: ATC = TC/Q.)
- Determine the quantity (Q) associated with minimum ATC. (Hint: ATC is minimized when ATC = MC).
- Determine the minimum value of ATC.
Remember that to be profitable, the product’s price (P) must be greater than its average total cost (ATC) at the optimal level of output (Q).
- Determine the possible circumstances under which the company should discontinue operations. Suggest key actions that management should take in order to confront these circumstances. Provide a rationale for your response. (Hint: Your firm’s price must cover average variable costs in the short run and average total costs in the long run to continue operations.)
- Suggest one (1) pricing policy that will enable your low-calorie microwavable food company to maximize profits. Provide a rationale for your suggestion. (Hint: In Assignment 1, you determined your firm’s market demand equation to be QD= 211,000 -10P. This is equivalent to the inverse demand equation: P = 21,100 – 0.10 Q. Since Total Revenue (TR) is P x Q, your firm’s Total Revenue (TR) and Marginal Revenue (MR) functions are:
Total Revenue: TR = (P*Q) = 21,100 Q – 0.10 Q2
Marginal Revenue: MR =(dTR/dQ) = 21,100 – 0.20 Q
Hint: Use the profit maximization rule MR = MC to determine your optimal price and optimal output level now that you have market power. Compare these values with the values you generated in Assignment 1. Is your price higher or lower? What about the quantity?
- Outline a plan, based on the information provided in the scenario that the company could use in order to evaluate its financial performance. Consider all the key drivers of performance, such as company profit( or loss) for both the short term and long term, and the fundamental manner in which each factor influences managerial decisions.
Hints:
(a)Calculate profit in the short run by using the price and output levels you generated in part 6. [Optional: You may want to compare this to what profit would have been in Assignment 1 using the cost function provided here].
(b) Calculate profit in the long run by using the output level you generated in part 3 and assuming that the selling environment will likely be very competitive. (Why would this be a valid assumption?) Remember that increasing competition in the long run drives the market price (P) down until it is equal to minimum ATC in the industry.
- Recommend two (2) actions that the company could take in order to improve its profitability and deliver more value to its stakeholders. Outline, in brief, a plan to implement your recommendations.
- Use at least five (5) quality academic resources in this assignment. Note:Wikipedia does not qualify as an academic resource.
-
Raise or Lower Tuition Assignment
$12.50ECO 204 Week 2:
Raise or Lower Tuition?
You have been hired by Nobody State University (NSU) as a consultant to help the university with how to increase their total revenue. The university has been struggling in recent years, so they have hired you to help them in their last attempt to find an appropriate solution so that the university can survive.
Raise or Lower Tuition? Suppose that, in an attempt to raise more revenue, Nobody State University increases its tuition.
- Assess a raise in tuition and if it will necessarily result in more revenue.
- Describe the conditions under which revenue will (a) rise, (b) fall, or (c) remain the same.
- Explain the process of revenue at NSU, focusing on the relationship between the increased revenue from students enrolling at NSU despite the higher tuition and the lost revenue from possible lower enrollment.
- If the true price elasticity were (-1.2), discuss what you would suggest the university do to expand revenue.
- Using what you have learned in this course, explain how you would resolve this problem if you were the President of NSU.
In a three- to five-page paper (not including title and reference pages), provide subheadings or separate paragraphs for each of the questions listed to help focus your paper for the executives that have requested it. Support your paper with at least two academic sources from the Ashford Library.
-
BUS 640 Week 2 Assignment
$10.00BUS640 Week 2 Assignment
Consumer Demand Analysis and Estimation Applied Problems
Please complete the following two applied problems:
Problem 1:
Patricia is researching venues for a restaurant business. She is evaluating three major attributes that she considers important in her choice: taste, location, and price. The value she places on each attribute, however, differs according to what type of restaurant she is going to start. If she opens a restaurant in a suburban area of Los Angeles, then taste is the most important attribute, three times as important as location, and two times as important as price. If she opens a restaurant in the Los Angeles metropolitan area, then location becomes three times as important as taste and two times as important as price. She is considering two venues, respectively, a steak restaurant and a pizza restaurant, both of which are priced the same. She has rated each attribute on a scale of 1 to
100 for each of the two different types of restaurants.
Attribute
Taste
Location
PriceShow all of your calculations and processes. Describe your answer for each question in complete sentences.
a. Which of the two options should Patricia pursue if she wants to open a restaurant in a suburban area of Los Angeles? Calculate the total expected utility from each restaurant option and compare. Graph is not required. Describe your answer, and show your calculations.
b. Which of the two options should she pick if she plans to open a restaurant in the Los Angeles metropolitan area? Describe your answer, and show your calculations.
c. Which option should she pursue if the probability of finding a restaurant venue in a suburban area can be reliably estimated as 0.7 and in a metropolitan area as 0.3? Describe your reasoning and show your calculations.
d. Provide a description of a scenario in which this kind of decision between two choices, based on weighing their underlying attributes, applies in the “real-world” business setting. Furthermore, what are the benefits and drawbacks, if any, to this method of decision making?
Problem 2:
The demand function for Newton’s Donuts has been estimated as follows:
Qx = -14 – 54Px + 45Py + 0.62Ax
where Qx represents thousands of bagels; Px is the price per bagel; Py is the average price per bagel of other brands of bagels; and Ax represents thousands of dollars spent on advertising Newton’s Donuts. The current values of the independent variables are Ax=120, Px=0.95, and Py=0.64.Show all of your calculations and processes. Describe your answer for each question in complete sentences, whenever it is necessary.
a. Calculate the price elasticity of demand for Newton’s Donuts and describe what it means. Describe your answer and show your calculations.
b. Derive an expression for the inverse demand curve for Newton’s Donuts. Describe your answer and show your calculations.
c. If the cost of producing Newton’s Donuts is constant at $0.15 per donut, should they reduce the price and thereafter, sell more donuts (assuming profit maximization is the company’s goal)?
d. Should Newton’s Donuts spend more on advertising?
Reference:
Douglas, E. (2012). Managerial Economics (1st ed.). San Diego, CA: Bridgepoint
Education -
Bus 642 Week 2 Assignment
$5.00Chapter 2 #1 (1/1)
a What are the most prudent decisions she can make about her responsibilities to herself and others?b. What are the implications of those decisions even if there is no violation of law or regulation?
Chapter 6 #1-5 (.5/.5)
1. Distinguish between the following:
a Exploratory and formal studies.- Experimental and ex post facto research designs.
- Descriptive and causal studies.
- Establishing causality is difficult, whether conclusions have been derived inductively or deductively. Source? (1/1.5) Explain and elaborate!!!
- Explain and elaborate on the implications of this statement.
- Why is ascribing causality more difficult when conclusions have been reached through induction?
3 Using yourself as the subject, give an example of each of the following asymmetrical relationships: (.5/.5) a. Stimulus-response
- Property-disposition
- Disposition-behavior
- Property-behavior
- Why not use more control variables rather than depend on randomization as the means of controlling extraneous variables?
- In what ways are these two approaches similar?
- In what ways are they different?
Chapter 4 #7
How can MindWriter’s existing database of service complaints be used to accumulate service problem information in advance of the proposed research? What information should be sought? -
Dell Supply Chain
$5.00Contents
Dell’s Success
Dell’s SCM Challenges
Tailored Supply Chain
-
BUS3022 SCM Case Analysis: Amazon.com
$12.50SCM Case Analysis: Forecasting and Planning
In Units 3, 4, and 5, you will be developing our course project. First, you will select one company from the list below to focus on during these three units:
· L. L. Bean.
· Amazon.com
· Starbucks.
· Apple.
· Walmart.
For your Unit 3 assignment, you are to research and write about the company that you have selected from the above list and respond to the following questions. You can research your responses in your textbook, in the Capella library, and on the Internet:
· Describe their business model and explain their supply chain strategy.
· Discuss the global challenges that they face in their supply chain.
· Discuss the importance of aggregate planning to their supply chain and their partners.
· What role does demand forecasting play in their supply chain strategy?
· Explain how pricing promotions are used to change demand.
Submit your answer in a Microsoft Word document in 800–1000 words. All written assignments should follow APA rules for attributing sources.
-
BSHS/406 Week 1: Life Cycle
$12.50Demonstrate the life cycle as a key component in understanding the individual and what impacts that individual as result of being in the cycle of his or her life.
Include three of the major concepts in the family or individual life cycle:
Include how self-determination impacts an individual’s ability to successfully negotiate challenges in each life cycle.
Include how autonomy impacts an individual’s ability to successfully negotiate challenges in each life cycle.
Explore how policies and legislation could impact the family or individual during each life cycle.
-
Explain how profits, piety, and politics affected American foreign policy in the late 19th century
$17.50DB # 5
Explain how profits, piety, and politics affected American foreign policy in the late 19th century.
DB # 6 Chapter 19:
Briefly discuss the major problems of American society that concerned the social justice progressives and explain how they tried to confront these issues. Also, what was the one thing that the Progressives lacked in their vision?
DB # 7 Chapter 20:
Discuss the reasons the United States government announced a policy of neutrality at the outbreak of the war in Europe in 1914, as well as the difficulties the U.S. had in maintaining such a policy prior to its entry into the war in 1917. What do you think the outcome of the Great War would have been if the U.S. did not get involved?
DB # 9 Chapter 22:
Why do you feel the New Deal was or was not successful in solving the problems of the Great Depression.
DB # 10 Chapter 23:
Should the United States have used the atomic bomb to end World War II?
DB#11 Chapter 24:
What impact did the Cold War have on society at home?
DB#13 Chapter 26:
Pretend that you are preparing a television documentary about the Civil Rights movement during the 1960’s. What events would you show? Who would you interview or discuss?