SUBJECT: MICROECONOMICS (ECO 162) ASSIGNMENT 2 QUESTION 1 ACCORDING TO THEORY OF DISTRIBUTION‚ EXPLAIN HOW DOES WAGE IS DETERMINED? Certainly the market demand and supply of these factors. In other words‚ wages‚ rent‚ interest and profit are determined by the supply and demand of the respective factor or resource. This is explained by the concept of marginal product (MP) or marginal physical product (MPP). For example: labor and wages. In this case MP and MPP refer to additional
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Product: For most customers‚ a product is not only the product itself (the core)‚ but also the services and intangibles that surround it (the product surround). The surround includes: Before and after sales service. Delivery. Availability. Advice. Finance. Guarantees and warranties. Quality perceptions. Value perceptions. Reputation and brand name. Other user’s recommendations. Price: Pricing is important for several reasons: The price charged will determine margins and‚ in the end
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DABBAWALAS OF MUMBAI DABBAWALAS OF MUMBAI WHITE PAPER PREPARED BY MBA STUDENTS UNIVERSITY OF NORTH CAROLINA’S KENAN-FLAGLER BUSINESS SCHOOL AT THE Authors Nishesh Patel (EMBA 2006) Naveen Vedula (EMBA 2006) Abstract Despite the current emphasis on high technology for solving complex business logistics issues‚ a group of largely illiterate Indian entrepreneurs known as dabbawalas has been coordinating the delivery of home-cooked lunches to thousands of Indian office workers for
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features‚ the NPS is a key component in creating future smart grids. NPS – Current breaking solutions from 25 A – 630 A. – Manual or remote motor controlled configurations available. – Capability to install additional pole equipment for different distribution network needs. Features – Mechanically stable structure to suit different climatic conditions. – Flexible mounting and installation options. – Modular NPS design minimizes on site assembly and installation time. – Wide range of breaking current
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ctLIST OF CONTENTS Chapter No | Title | Page Number | | Executive Summary | | 1 | Organizational Study | | 2 | Research methodology | | 3 | Review of Literature | | 4 | Data Analysis and Interpretation | | 5 | Findings and Suggestions | | 6 | Conclusion | | | Bibliography | | | Annexure | | LIST OF TABLES Table No: | TITLE | Page no: | 4.1 | Table showing gender of customers | | 4.2 | Table showing income level of customers | | 4.3 | Table showing
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Case Study – Banning of Shark fin soup in Jade Restaurant. The refusal of not banning shark fin soup at Jade Restaurant can affect many stakeholders. This includes the owner/shareholder‚ suppliers‚ special interest groups (SIGS)‚ customers‚ and also the government. The owners and shareholders are definitely going to be affected because if the ban were to go through they would lost a portion of the profit that they would’ve earned if it weren’t for the ban. The suppliers are obviously going to be
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choice is important. Mc Donald’s soup and the milk ads suggest a better food choice for the audience. If the consumer is showing us items that we humans need than it is suggested that the consumer wants us to buy the items off them. The first picture of the women trying on the dress catches me on. It has a big picture that has a strong caption that makes me wonder. “A LIGHT SOUP THAT’S BOTH NATURAL AND SATIFYING. IT’S THE PERFECT FIT” (Freitas ad homework). The soup
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Case 2.7 Campbell Soup Company 2. Suppose that a company uses one or more of the practices that you identified in responding to the previous question. What implications‚ if any‚ do those practices have for the companys independent auditors? The implications for independent auditors are: 1) Companies pose a higher risk 2) More testing would be required 3) Auditors may be allowed to charge a premium fee 4) Auditors’ reputation could be at stake 5) Adjustments required reflecting real earnings
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Tax Incidence Statutory Incidence of a tax Mengindikasikan siapakah yang secara legal bertanggung jawab (menanggung) pajak (misal: penjual atau pembeli?) Economic Incidence of a tax Perubahan dalam distribusi pendapatan riil pribadi yang dipengaruhi pajak Pajak progressive dapat dihitung dengan berbagai cara. Proportional‚ progressive dan regressive. Average tax rate‚ ratio dari pajak yang dibayarkan terhadap pendapatan. jika Average tax rate naik dari pendapatan‚ systemnya adalah
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#1 True or false: Even if the sample size is more than 1000‚ we cannot always use the normal approximation to binomial. Solution: If a sample is n>30‚ we can say that sample size is sufficiently large to assume normal approximation to binomial curve. Hence the statement is false. #2 A salesperson goes door-to-door in a residential area to demonstrate the use of a new Household appliance to potential customers. She has found from her years of experience that after demonstration‚ the
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