Discuss Demand Price Elasticity and Total Revenue ● Explain the relationship between the price elasticity of demand and total revenue. What are the impacts of various forms of elasticities (elastic, inelastic, unit elastic, etc.) on business decisions and strategies to maximize profit? Explain your responses using empirical examples, formulas, and graphs. ● Is the price … Read more
Analyze Product Pricing Relative to Competition Assignment Details Pricing is controlled by the manufacturer or producer of the product or service. The manufacturer or producer understands the competition (competitive activity), the consumer, and its own company requirements. Please discuss a product whose price you have seen change in response to its competition. How did the price … Read more
Analytical essay about housing market in the USA. With reference to the theories covered in class during Week 1 to Week 4 and with the use of wider research, you must complete an essay, which analyses and evaluates the reasons for changes in the price of ONE of the 3 following goods: 1) Crude oil … Read more
Discuss the dynamics of OPEC in the Global Oil Market Discuss the dynamics of OPEC in the Global Oil Market.Chapter 7 of your International Economics textbook, Carbaugh (2019) provides a historical account of OPEC and its power in controlling the global petroleum supply. In a critical essay, investigate the dynamics OPEC has faced in the global … Read more
Describe the Supply Chain Management Practice Describe the Supply Chain Management Practice.Select ONE supply chain best practice, lecturer would show few supply chain practice for choice in class. Application of literature in the chosen supply chain practice and discuss the case study in accordance with the research work shown in literature review. Application of theory … Read more
Compare Demand and Supply Forecasting in The Cases of Airbus and Boeing Compare Demand and Supply Forecasting in The Cases of Airbus and BoeingAssignment 1: Supply and Demand for Global Air Transportation The objective of this and the other written assignments in the course is to show how the managerial economic theory and tools presented … Read more