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Describe how service retailers, such as hotels, provide information to potential customers to answer questions about services offered, and other amenities.
What objective and subjective criteria did you use in the alternative evaluation portion of the consumer buying process?
How could a sporting goods retailer ensure that the customer buys athletic equipment at its outlet?
A family-owned used-book store across the street from a major university campus. What approaches might the store owner use to segment its market?
How does the buying decision process differ when consumers are shopping on the Internet compared with shopping in a store in term of locations or sites visited.
Explain how the categories of merchandise would change for each type of buying decision if the customer was the owner of a mediumsize business.
What are its strengths and weaknesses? What environmental threats might it face over the next 10 years? How could it prepare for these threats?
What type of growth opportunity was The Gap pursuing when it opened each of these retail concepts? Which is most synergistic with the original Gap chain?
Identify a store or service provider that you believe has an effective loyalty program. Explain why it is effective.
Amazon started as an Internet retailer selling books. What competitive advantages does Amazon bring to each of these businesses?
Think of a recent purchase that you made, and describe how social environmental factors. How are retailers using social media to impact your buying decisions?
What valuation methods will you plan to use? If you end up using an existing CBA, cite it along with other references for the valuation methods you discuss.
Since 1970, how has the share of aggregate household income received? Provide the data obtained from the web site and interpret.
What insights do we get for the transactions money demand from using the profit maximization approach that are not apparent from the cost minimization approach?
Construct a sequential equilibrium for this bargaining game for the case p = .2. (This is hard, but not impossible.)
Consider the following exchange economy. There are two goods and two consumers. What is the Walrasian equilibrium of this economy?
Construct a parallel definition for input requirement sets V(y) and give a parallel result concerning the uniqueness of solutions for FCMP( w, y ).
In the spirit of proposition 7.5, give necessary and sufficient conditions on the sequence of observations being consistent with this sort of model.
What is the long-run industry supply curve? What is the intermediate-run equilibrium position? What is the new, long-run equilibrium position?
Suppose demand is given by D(p) = 400 -100p. What is the long-run equilibrium for this industry?
Demand shifts to D(:p) = 750- 150p. What is the new short-run equilibrium where the firms can vary their usage of legumes but not their usage of kapitose?
What is the general equilibrium of this economy? Assume that firms take prices as given and are profit maximizers, and consumers take prices as given.
What is the optimal fixed fee to charge if P is set at zero? What is the optimal fixed fee to charge if P = 1? What is optimal fixed fee and per-unit charge?
Suppose that demand takes the form X = p-a for a > 1. Show that the monopoly passes on more than the full cost increase to consumers.
Create and analyze a formal model that supports some (or, if you can, all) of the intuitive assertions we made.