Characteristics of rural India: Few of the points that can be easily inferred from the case are- 1) This is a monopolistic market. This can be inferred by the fact that there exist a perfect substitute for the product to be launched‚ although not as a one-to-one substitute but in form of ‘bath soap’ and ‘washing soap’. 2) There already exist a number of local soap brands in form of Anarkali ‚ Chand ka Tukda‚ Heroine etc. and a number of local detergent cake brands in form of Ajooba‚ Chamatkar
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P7.6 Optimal Input Mix. The First National Bank received 3‚000 inquiries following the latest advertisement describing its 30-month IRA accounts in the Boston World‚ a local newspaper. The most recent ad in a similar advertising campaign in Massachusetts Business‚ a regional business magazine‚ generated 1‚000 inquiries. Each newspaper ad costs $500‚ whereas each magazine ad costs $125. A. Assuming that additional ads would generate similar response rates‚ is the bank running an optimal mix of newspaper
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Chapter 3 3-1. Concert Opportunity Cost You won a free ticket to see a Brice Springsteen concert ( assume the ticket has no resale value). U2 has a concert the same night‚ and this represents your next best alternative activity. Tickets to the U2 concert cost $80‚ and on any particular day‚ you would be willing to pay up to $100 to see this band. Assume that there are no additional costs of seeing either show. Based on the information presented here‚ what is the opportunity cost of seeing
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Murzakarimova Balzhan Management 343 Q1.6 Which concept—the business profit concept or the economic profit concept—provides the more appropriate basis for evaluating business operations? Why? Businesses i know are there to maximize profit and minimize cost.On this basis‚i think the business profit concept is the most appropriate basis for evaluating business operations because banks‚lenders or creditors will the creditworthiness of such business if loan or any other facility has been advanced
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Week 7 : Week 7 - Exam #1 Time Remaining: | | 1. What phrase is often used interchangeably with the phrase market capitalization? (Points : 1) Market value Open Interest Trading volume Notional value | 2. Assume that an investor lends 100 shares of Jiffy‚ Inc. common stock to a short seller. The bid-ask prices are $32.00 - $32.50. When the position is closed the bid-ask prices are $32.50 - $33.00. The commission rate is 0.5%. The market interest
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1 Examination-2014 Quantitative Techniques QUIZ TEST (Answer All Questions) Time – 20 mins Full Marks – 10 (10 x 1) 1. The GM of a set of five numbers is 2. The GM of a set of four numbers is 4. What is the GM of the numbers if both the sets considered together? 2. What do you mean by bi-modal incase of measures of central tendency? 3. If mean and SD are 50 and 10 then what is the value of Coefficient of Variation. 4. What is the empirical relationship between Mean‚ Median and
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1: What is Managerial Economics.? Explain the nature and scope of Managerial Economics.? Answer: Managerial Economics generally refers to the integration of economic theory with business practice. While economics provides the tool which explain various concepts such as demand‚ supply‚ price‚ competition etc. Managerial economics applies these tools to the management of business‚ in this sense managerial economics is also understood to refer to business economics or applied economics. Managerial
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A study to show if Emirates Airline is the best airline in the Middle East. Abstract The report contains a brief introduction into the history of Emirates Airlines. This research project has been carried out to find whether or not Emirates is the best airline in the Middle East. This project will make use of both primary and secondary data‚ primary data will be gathered through questionnaires which have close-ended multiple choice questions for the most part and one or two open ended
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Q1. In a country‚ the velocity of money is constant. Real GDP grows by 5% per year‚ the money stock by 14% per year‚ and the nominal interest rate is 11 per cent. What is the real interest rate? A.1 The following is provided in the question GDP growth rate (Y)- 5% Money Stock growth rate (M)-14% Nominal Interest Rate- 11% Velocity Of Money- Constant Real Interest Rate = Nominal interest rate - Inflation ...................... Fisher Effect By the quantity equation we have; M .V
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FALL SESSION – 2014 MASTER OF BUSINESS ADMINISTRATION- SEMESTER 1 ROLL No. : 1408000472 Nitin Baban Borkar MB 0042: Managerial Economics Q.1. Inflation is a global Phenomenon which is associated with high price causes decline in the value for money. It exists when the amount of money in the country is in excess of the physical volume of goods and services. Explain the reasons for this monetary phenomenon. Ans: Inflation is commonly understood as a situation of substantial and rapid increase
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