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Q1:Chris talked to some major suppliers to see if they could somehow improve the flow of materials into the company. Unhappily, while he was talking to one company, they raised the question of late payments. This was contrary to McDonald Timbers policy of immediate payment of invoices, so he asked the accounting section for an explanation. He was given the unwelcome news that The company's inventory and transport costs are so high that we are short of cash. We are delaying payments to improve our cash flow. As it is, we had to use a bank overdraft to pay suppliers for last month.' Later that day, Chris found that the late customer deliveries which had started his investigation were actually caused by poor sales forecasts by the marketing department. They had seriously underestimated demand, and planned production was too low. Questions ● Why do all the logistics costs seem to be rising at the same time when the quantity of the order is reduced? ● What do you think are the basic problems in McDonald Timbers? ● What would you recommend Chris to do?See Answer
Q2:Assignment 3 Do you think that an airport is a public good? • Explain your reasons.See Answer
Q3:Assignment 4. • Suppose that a market consists of six firms with following market shares. Firm A = 25%, Firm B = 20%, Firm C = 20%, Firm D = 15%, Firm E = 10%, Firm F = 10% (1) Calculate H index. (2) If Firm D and Firm E are merged to become Firm D', calculate post-merger H index. (3) According to the Horizontal Merger Guideline of 2010, is this merger categorized as white, gray, or black?See Answer
Q4:Topic 1 Is today's post-Cold War era of Hyper-Globalisation and Neoliberalism different from the globalisation in the first Golden age of globalisation that began in the 19th century when European imperialism provided much of its political structure and the Industrial Revolution the technology? Also, why is it that in the recent past, global governance and globalisation and the relation between the two become a much discussed subject?See Answer
Q5:Read the article and share your thoughts on profit or value maximizing perspective of firms. Is the Friedman Doctrine Still Relevant in the 21st Century? https://www.chicagobooth.edu/review/friedman-doctrine-still-rele vant-21st-century (Links to an external site.) See Answer
Q6:Questions: (3) What are the optimal prices for Microsoft to charge for Word and Excel if it only sells the two products separately? See Answer
Q7:(4) Can Microsoft earn greater profits if it sells the two products as a bundle?See Answer
Q8:(5) If Microsoft can only sell its products on a stand-alone basis and has already committed to the pricing calculated in Question (3) above, should WordPerfect enter the market? How should WordPerfect price its product if it does enter? See Answer
Q9:(6) Suppose Microsoft is selling Word and Excel as a bundle. Should WordPerfect enter the market in this case? See Answer
Q10:(7) What would happen if Microsoft anticipated the possibility of entry? How would this affect pricing and profits?See Answer
Q11:Economic Systems You have been invited to a business expo at the H.J. Robinson High School where you are asked to give a presentation to the Grade 11 business students on economic systems. Specifically, you are asked to present on the following; "No country is said to be pure capitalist nor pure socialist." Discuss.See Answer
Q12:Response 1 Instructions Here, you will pick one of the Original Posts of another student from Discussion 1 or Discussion 2. I want to know your general thoughts about the podcast and then your opinion on whether you agree or disagree (and why) with the other student. The same guidelines of respect and civility pertaining to the original posts will also apply here! Remember, we are all in the same boat together and the boat tips over when everyone is on the same side. A healthy and respectful disagreement can be very enlightening. no. 388 the economics of sports Gambling https://freakonomics.com/archive/ Sports gambling is a huge market where many people from around the world gamble their money on whether a specific sports team will win or lose. The Freakonomics podcast goes in-depth into the world of sports gambling from an economist's perspective to understand the inner workings of the venture. There are various sports gambling methods, but the main one mentioned in the podcast is fantasy sports. Fantasy sports is essentially a gambling method in which you become the coach of a team of players you get through a draft to then play against other people's teams with money on the line. Stephen j. Dubner, the host of this episode of Freakonomics, talks to one of the first fantasy sports players, Peter Gethers. Dubner talks to Gethers about that first season so long ago and what his expectations were for fantasy. After discussing how fantasy works and Gethers's expectations for fantasy, Dubner begins to explain the economic growth of fantasy which generates 8 billion dollars a year from the US alone. After talking to Gethers, Dubner begins talking to one of the founders of draft kings Jason Roberts, a website where you can play fantasy sports online. They start by discussing Robins's interest in sports as a kid, the introduction of the internet, and its impact on fantasy. After talking about Robins's past, they began discussing the political side of sports gambling in the US. They discussed the fact that as the states continue to legalize gambling, the black-market world of sports gambling will be brought to light resulting in substantial economic growth for betting websites like draft kings if they choose to not only continue fantasy sports but also start straight-up betting on sports games. After talking to Robin a bit more about the intricacies of draft kings, Dubner starts talking about how economists would bet by always choosing the team or player with the highest chance of winning and leaving little to luck. See Answer
Q13:Question 1: Refer to the graph below to answer the questions that follow. Price Per Unit 50 40 30 28 10 O 10 20 25 3 2 Quantity/n10 20 25 Quantity A. Write out the names of the curves represented by 1, 2 and 3 fully. Do not merely use the symbols. (3 marks) B. Identify the law curves 1, 2 and 3 obey. (1 mark) C. Justify why curve 1 lies above curve 2. (1 mark) D. Use points a and c and their respective price values to explain what the vertical gap between two points represents. (2 marks) E. How many products should be made if the producer wishes to achieve maximum labour efficiency? (1 mark) F. How many products should be made if the producer wishes to achieve maximum productive efficiency? (1 mark) G. Which market price would allow this producer to attain normal profit? (1 mark) H. Which market price would allow this producer to attain economic profit? (1 mark) 1. At which price should the producer consider closing down? (1 mark) (12 marks)See Answer
Q14:Assignment Instruction Topic: Events impacts on economy Description: Describe in detail the importance of events to the economy Provide one detailed example of an event that contributed to the economy. Provide another detailed example of an event that contributed to the economy Skills and creativity in your project References format: APASee Answer
Q15:1. If the government's goal is to cut taxes, how that will be reflected in your budget?See Answer
Q16:2. Which do you think are good markets for the government to tax if the goal is to boost tax revenue?See Answer
Q17:1. Using the concept of supply and demand, discuss the price of beef and where it is likely to go moving forward. What does your response suggest for the price of substitute products?See Answer
Q18:2. Reflect on the link between higher beef prices and inflation. How are the challenges facing cattle ranchers today both a product of, and a contributor to, current inflationary patterns?See Answer
Q19:3. Discuss price elasticity as it relates to the price of beef. How high can beef prices go before consumers change their buying behavior?See Answer
Q20:Apla questions (Chapter wther to buy a dress that she w well as where to be Three des cany the sam but it is more conent for at g Pusat For example, the can go to hel od 15 marked-p price of $104 for the dress Store Larel Departe Arress Te Stare Neighboring City es away fr where y Lo departme Across Ten Neighing City Travel Ties Each Way (M) 15 30 the buys it from the Juan 136 an hour at work. She has to take off work to use her dress, so each hour away from werk costs her $36 in loc Assume that reg te work as and the area getting to store and that it takes her 36 rates to shop. As you a of the in questions, ignore the cost of gasase and preciation of her car when ng that Just takes opportaily cos and the Price of a Bress (Dar perdr 104 HET Com the file by computing the oportunity cost of it's and the total cost of shoe teach Opportunity Cet of Time (Daders) Haka Price of a Gress (d) 104 XT 99 and Total Cast a (y) of the dress into consideration when she shape wat will the cast of the dress Grade It Now Save & ContinueSee Answer

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