market structure which has a direct effect on pricing strategy. In this type of market environment‚ organizations increase profits by producing where MC=MR or marginal cost is equal to marginal revenue. McDonald’s and their competitive organizations set the prices for their industry. “Because of their “fewness‚” oligopolies have considerable control over their prices‚ but each must consider the possible reaction of rivals to its own pricing‚ output‚ and advertising decisions” (Brue et al‚ 2009).
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AND CONs OF INCREASING OIL PRICE 1. INTRODUCTION In this decade‚ the price of oil has been raised 3 times. The era of President SBY has the record of increasing oil price (premium). The policy was made by SBY has become pro and con between the expert of economic. Some people said that increasing the oil price is just can’t be done because it’s contra with UU‚ but government said that if we don’t raise the oil price it will absorb the APBN because the import oil price is higher and higher time
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Hydrogen Producing Bacteria was incubated in a complete - mix digester with work volume 1.7 L‚ seeded with sludge obtained from the local sewage treatment plant. Each liter of feed medium was composed of the following : 7 g of glucose‚ 1 g NaHCO3 ‚ 500 mg of NH4Cl ‚ 250 mg KH2PO4 ‚ 250 mg K2HPO4 ‚ 320 mg of MgSO4 • 7H2O ‚ 50 mg of FeCl 3 ‚ NiSO4 32 mg ‚ 50 mg CaCl2‚ Na2BO7 7.2 mg H2O ‚ 14.4 mg (NH4) 6MO7O24 H2O ‚ 23 mg of ZnCl2 ‚ 21 mg CoCl2 H2O ‚ 10 mg CuCl2•2H2O and 30 mg of MnCl2•4H2O . The reaction
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Price Discrimination in the Mobile Phone Market Mobile phones are nowadays a part of our lives‚ the majority of us use them on a daily basis. Some people use them less frequently‚ when they are away from their homes‚ while for some they have already replaced the old landline phone. Young people use the SMS and MMS services quite often‚ while more senior people limit themselves to just making calls . Some prefer the pay-as-you-go; others have monthly contracts for a flat fee. There are a variety
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Meta-Analysis of the Price Elasticity of Meat: Evidence of Regional Differences Craig A. Gallet Dept. of Economics‚ California State University‚ Sacramento 6000 J Street‚ Sacramento‚ CA‚ United States Tel: 916-278-6099 Received: July 17‚ 2012 doi:10.5296/ber.v2i2.2115 E-mail: cgallet@csus.edu Accepted: July 30‚ 2012 URL: http://dx.doi.org/10.5296/ber.v2i2.2115 Abstract This study addresses regional differences in meat demand by estimating meta-regressions of the price elasticity of
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The minimum drinking should be raised to twenty-five because alcohol has greater effects on immature bodies‚ young people are more likely to harm and/or even kill themselves or others by drinking prior to 21‚ and with age comes wisdom. About 2 billion people worldwide consume alcoholic drinks‚ which can have immediate and long term consequences on health and social life. Over 76 million people are currently affected by alcohol use disorders‚ such as alcohol dependence and abuse. Depending on the
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The purpose of this essay is threefold. First‚to identify specific factors and the environment affecting an export price policy. Second‚ to analyse thisthese factors within our firm and to extract the best decisions given our starting point. Finally‚ to consider the above and to give guidelines governing thatwhat should be applied in the international marketing price. It should be noted that in some cases due to an information deficiency‚ assumptions should be madee. “Pricing is the moment of
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Complaints were mainly focused on the Nautilus‚ cardiovascular‚ and aerobics fitness area. Based on the case study‚ the aerobic room accommodates 35 members per class but during peak hours when the facilities are constrained the most‚ 80 members per hour would check in to use the facilities. There are only 24 pieces of Nautilus equipments and 29 pieces of cardiovascular equipment (a total of 53 pieces of equipment) which is definitely not enough to fulfill the needs of 80 members who check in per hour
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The board structure that I think that Pine Rest models is policy governance. The first reason I think this is the model that the agency follows because in each interview following the mission and vision of the agency was emphasized. For instance‚ the agency serves those who are mentally ill therefore‚ they try to live up to the standards of their mission by providing behavioral health services. The agency does this through having a diverse staff with different backgrounds in the health field. The
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Economic Effects of Minimum Wage The minimum wage in the United States of America sets the standard of living for all of its citizens by placing a price floor on what amount is acceptable to pay a person for typically unskilled labor. Minimum wage can be traced back to Fair Labor Standard Act in 1938. It was 60-75 cents per hour at the time. However‚ it has been revised upward due to inflation and pressure from trade unions and interest groups. Interest group argue that raising the minimum wage is a central
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