Does marketing shape consumer needs and wants
Question: Does marketing reflect the needs and wants of consumers or does marketing shape consumer needs and wants?
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Assuming that American imports of wine are a small part of total world wine production, draw a graph for the U.S. market for wine under free trade. Identify consumer surplus, producer surplus, and total surplus in an appropriate table.
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If you were to develop a marketing plan for an existing company, which company would you choose and why? For instance, if you were picking Starbucks, what would be a new marketing plan that they could use?
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Identify an organization and recommend methods to reduce costs. What effects do technologies have on costs? What are some lower-cost sources the organization can utilize to reduce costs?
Write down the firm's profit function and the firm's long run profit maximisation problem. Find the firm's optimal use of input 1, input 2, the associated optimal quantity of the output, and the firm's profit level.
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For the summative assessment, you will develop a comprehensive change plan that integrates the knowledge and skills you've gained throughout this course
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Technology has impacted my life personally and professionally in many ways. Personally, it has enabled me to connect with people