HLT 362V-for a normal distribution that has a mean

Suppose a firm has a constant marginal cost of $12. The current price is $25 and at that price it is estimated that the price elasticity of demand is -4.0.a. Is the firm charging the optimal price for the product? Why?b. Assuming the elasticity remains at –4.0 what is the optimal price?

Two samples are drawn from an urban population. One sample is a quota sample. Comparisons of the demographic characteristics of this sample to those of the urban population show an almost perfect match. The other sample is a disproportionate random sample. Comparisons of the demographic characteristics of this sample to those of the urban population…

Q1. Lesson 7 presented several national policy matters that have developed over the past 10 to 20 years. Please explain how public policy is formed in the American system of government. How is the problem identified? Who is responsible for determining solutions or setting the public policy agenda? (Hint: Read the examples and ask yourself…

Student Name_MGT201_tbasfar 1.What is Market Segmentation? Being a marketing manager, what kind of different basesyou will chose for the Market segmentation.2.Almarai wants to launch a new product in his product portfolio what are the steps it cantake for the new product development. Page 1 of 1

During Jack’s first year at college, his father had been sending him $100 per month for incidental expenses. For the sophomore year, his father decided instead to make a deposit into a savings account on August 1 and have his son withdraw 0 on the first of each month from September 1 to May 1….

A criminal defendant who claims legal insanity as an excuse for an offense is often highly scrutinized, especially in the case of a violent crime. There are currently four tests to determine legal insanity: 1) M’Naghten, 2) irresistible impulse, 3) Durham product, and 4) American Law Institute, Model Penal Code standard. Which of these four…