Develop a utility and budget constraints


Assignment:

Format Requirements:

APA format

All references need to be cited (even if references outside of the provided case study are used they need to be properly cited)

Content Structure & Requirements:

1. Define the Problem

2. Analyze the Issue

3. Outline the Expected Outcomes

4. Possible Solutions

5. What is your solution:

a. Why/How will this solution be achieved?

b. How will this solution take to be implemented to resolve the problem and issue?

c. Who will benefit and will pay for this implementation?

d. What are the expected outcomes due to these results?

Instructions:

Please concentrate and develop sections 3, 4 & 5 of this paper.

Include the following:

  • speak to the possible marginal revenue in your outcomes;
  • also whether the product is inelasticity, elasticity or unitary elasticity and why;
  • 5yr projection of outcomes and 10yr projection of outcomes;
  • utility and budget constraints;
  • marginal analysis: maximum and minimum optimization;
  • cost strategy;
  • price effect

This is for a graduate-level class.

Attachment:- Case-Apple Watch (A)-the launch.rar

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Microeconomics: Develop a utility and budget constraints
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