Article-pricing of products is still an art
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In two of the four market structures (monopoly, Oligopoly, Monopolistic Competition, or Perfect Competition), using price to compete is not an option; what can you do to improve revenues in one of these structures?
The future possibility of doctors analyzing X-rays and performing other duties from remote locations via the Internet. How will this change affect international business?
Explain how each of the following will affect the consumption and saving schedules (as they relate to GDP) or the investment schedule, other things equal:
Economic opportunities arise from countries which develop industries in which they have a comparative advantage. Using the country of Japan help discuss and explain the following Q1. Explain the concept of comparative advantage.
Task: The title of an article "The Wall Street Journal was "Pricing of Products Is Still an Art, Often Having Little Link to Costs." In this article, the following cases were cited:
Problem: How does technology affect an organization's productivity and costs? How has your organization used technology?
Address the given topics in your analysis: 1. Market structure 2. Impact of new companies entering the market3. Prices 4. Technology
Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities.
What effect would a rule stating that university student must live in University dormitories have on the price elasticity of demand for dormitory space? What impact might this in turn ave onroom rates?
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