economics

Elasticity information for two particular goods

Research elasticity information for two particular goods: one with an elastic demand and one with an inelastic demand. Using elasticity information you gather, predict changes in demand. The United States Department of Agriculture website has a good resource to help with this.Describe how marginal analysis, by avoiding sunk costs, leads to better pricing decisions.Explain the …

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Elasticity information for two particular goods

Research elasticity information for two particular goods: one with an elastic demand and one with an inelastic demand. Using elasticity information you gather, predict changes in demand. The United States Department of Agriculture website has a good resource to help with this.Describe how marginal analysis, by avoiding sunk costs, leads to better pricing decisions.Explain the …

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International trade

International trade can have big effects on domestic markets. For both an import good and an export good (in other words, address each bulleted item below twice—once for import and once for export), describe how opening up to international trade affects the following: supply or demand for the particular good,the competitiveness of that good’s market, …

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International trade

International trade can have big effects on domestic markets. For both an import good and an export good (in other words, address each bulleted item below twice—once for import and once for export), describe how opening up to international trade affects the following: supply or demand for the particular good,the competitiveness of that good’s market, …

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Auctions

Auctions can be an important tool for selling goods and gathering information. Auctions are used in multiple venues including agriculture, eBay, and distressed asset sales. The seller does not have to worry about estimating demand and setting a price because the demanders will do that through the auction process. Write about examining the value of …

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Auctions

Auctions can be an important tool for selling goods and gathering information. Auctions are used in multiple venues including agriculture, eBay, and distressed asset sales. The seller does not have to worry about estimating demand and setting a price because the demanders will do that through the auction process. Write about examining the value of …

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Non-uniform pricing, or price discrimination.

Explain a time you encountered non-uniform pricing, or price discrimination. Identify the type of price discrimination it was. Using the criteria necessary for price discrimination, evaluate how well that good fit price discrimination. Finally, evaluate the effect such price discrimination has on you and society.

Non-uniform pricing, or price discrimination.

Explain a time you encountered non-uniform pricing, or price discrimination. Identify the type of price discrimination it was. Using the criteria necessary for price discrimination, evaluate how well that good fit price discrimination. Finally, evaluate the effect such price discrimination has on you and society.

Pricing (cost-plus or target costing)

        Discuss which type of pricing (cost-plus or target costing) that you feel would be more accurate in determining the selling price for products as it relates to your future career. Your journal entry must be at least 200 words in length. No references or citations are necessary.    

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