is the price of corn (in dollars per bushels) and QD is the quantity of demanded of corn ( in billions of bushels) and that QS = 20 + 4P is the supply curve for corn where QS is the quantity of corn supplied (in billions of bushels). a. What are the equilibrium price and quantity? At equilibrium‚ QD =QS 80 - 2P= 20 + 4P 6P = 60 P = $10 Qd = 80 – 2(10) = 80 -20 = 60 billion bushels Qs = 20 + 4(10) = 60 billion bushels b
Premium Supply and demand
GE2402: English for Business Communication Week 7 Supplementary Exercises _____________________________________________________ For each question‚ circle the letter (a‚ b‚ c‚ or d) which corresponds to the most suitable answer. 1. To overcome any possible reader resistance‚ you should a. make your request immediately. b. bribe your reader. c. lay a logical foundation before the request is delivered. d. state very clearly the negative consequences of not doing as you
Premium Volkswagen English-language films The Reader
ust-In-Time (JIT) is a very simple idea but one that is essential in modern supply chain management. JIT sets out to cut costs by reducing the amount of goods and materials a firm holds in stock. JIT involves: producing and delivering finished goods ‘just in time’ to be sold partly finished goods ‘just in time’ to be assembled into finished goods parts ‘just in time’ to go into partly finished goods materials ‘just in time’ to be made into parts. The principle that underpins JIT is that production
Premium Supply chain management Supply chain Volkswagen
Diesel engines are heavier so a 2500 cc diesel engine will be heavier than a 2500 cc petrol engine because stronger parts are needed for their operation‚ this extra weight will reduce their performance levels. The turbo diesel engine will gain a higher percentage of the increase in horsepower but will not automatically become faster than a similar sized gasoline engine with a turbocharger offering the same amount of boost. Complexity is reduced in a diesel engine as there is no ignition system
Premium Internal combustion engine Diesel engine Gas compressor
Porsche Changes Tack Yes‚ of course‚ we have heard of shareholder value. But that does not change the fact that we put customers first‚ then workers‚ then business partners‚ suppliers and dealers‚ and then shareholders. Dr. Wendelin Wiedeking‚ CEO‚ Porsche‚ Die Zeit‚ April 17‚ 2005. Porsche had always been different. Statements by Porsche leadership‚ like the one above‚ always made Veselina (Vesi) Dinova nervous about the company’s attitude about creating shareholder value. The company was a
Premium Porsche Volkswagen
Results - Current STP (Mar keting Positioning) Strategically position ed Same image all arou nd the world “Welcome to the cok e side of life” First thing comes into their mind is happine ss and entertainment Research Results - Current Marketin g Mix(4Ps) •
Premium Coca-Cola
NONFICTION; HEADMAN Was a Woman: The Gender Egalitarian Batek of Malaysia‚ the (Book); ENDICOTT‚ Kirk; ENDICOTT‚ Karen L. THE BATEK OF MALAYSIA 3. EXPLORING EYE By: Beswick‚ Jon. Architectural Review‚ Oct2010‚ Vol. 228 Issue 1364‚ p080-083‚ 4p‚ 8 Color Photographs Subjects: BATEK (Malaysian people); VERNACULAR architecture; HUTS; MALAYSIA; DESIGN & construction C. Aspects of Culture 4. Kinship 5. Social Organization 6. Sickness and Healing THE BATEK
Premium Malaysia Anthropology
Services’ existing marketing approach and offer suggestions for focusing market research and what types of media to use. Additionally a review will be made of McBride’s target market and how the existing strategy relates to the marketing principles of the 4Ps and SIVA. Target Market McBride’s target market is professionals and retirees purchasing a primary of secondary residence as well as individuals or families looking to purchase recreational properties. They service the following states: Idaho‚ Wyoming
Premium Marketing
Services‚ a research plan is needed. While making a marketing plan the 4Ps have to be answered with SIVA. The 4Ps are Product‚ Promotion‚ Price‚ and Place. The 4Ps are considered to be on the supply side of the equation. On the demand side of the equation SIVA is found. SIVA stands for Solution‚ Information‚ Value‚ and Access. When the two are put together in the equation side by side you have a form where each part of the 4Ps demands an answer from SIVA. The first P is product‚ what is the product
Premium Marketing Investment Balance sheet
IMPACT OF ETIOS LIVA ON B SEGMENT CAR MARKET OF INDIA Indian b segment car market has many players like maruti suzuki‚ ford‚ honda‚ volkswagen with maruti suzuki as a market leader with almost 52% share in passenger cars and is a complete monopoly in multi purpose vehicles. The Liva is the Etios without a boot. Insides are generously spacious. It’s a genuine five seater. The Liva gets a 1.2 litre petrol engine with 79bhp and 104nm. Its mileage is expected about 18.31kpl. Liva will be available
Premium Suzuki Maruti Suzuki Automobile