Business

Business, 05.11.2019 04:31, harleyandpope90

Stimulating demand is especially important when a firm is using a pull strategy.

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Business, 12.07.2019 19:30, cairolove228

The boston consulting group's matrix is based on the a. idea that a firm's market share and market attractiveness are the important factors for a marketing strategy. b. assumption that a firm's actions have a profitable impact on marketing strategy. c. business position and market attractiveness of the firm. d. philosophy that a product's market growth rate and its market share are important determinants of its marketing strategy. e. idea that a product's market growth rate and market attractiveness determine the marketing strategy.

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Business, 13.07.2019 03:00, jmadden513

Nash equilibrium is achieved between firms a and b when each firm chooses its best strategy regardless of the other firm's strategy. other strategies could be used by a that would be better for the firm given the firm b strategy. firm a strategy maximizes the utility of b firm. the least desirable strategies for both firms are achieved. both a and b chose their best strategy given the strategy that the other firm has chosen.

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Business, 07.10.2019 18:20, chasity06

Amonopolist faces 300 customers divided into 3 different groups: 1. high-demand customers each have a demand function given by qh = 18 - p. 2. medium-demand customers each have a demand function given by qm = 16 - p. 3. low-demand customers each have a demand function given by ql = 14 - p. there are 100 customers of each type (nh=nm=nl=100). the marginal cost of producing (one unit of) the product the firm is selling is constant at mc = $4. there is no fixed cost. 1. determine the optimal two-part tariff for this firm and the resulting profits (it can only select one two-part tariff that is applied to all customers). note: this a difficult exercise. the best way to do this is to create an excel spreadsheet that has columns: p,qh,qm,ql,csh,csm,csl,t(p),nh,nm,nl,tr,tc,profit in each row you can try different values of p (from 4 to 12, use 10 cent increments) and then use the consumer surplus of the low-demand customers to define t(p). 2. do the same for nh=nl=50 and nm=200. explain briefly the difference between the results in (1) and (2). note: here, serving all customers may not be the best strategy.

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