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ECON 782 Managerial Economics  

Pages : 7 | Type : Essay

Answers: 1. Low calorie frozen microwaveable industry has a structure similar to monopolistic competition. Monopolistic competition is a market structure having dual features of monopoly and competitive market. In this market large share of market is concentrated in the hands of few large firms and while there are intensive competition among other small firms.  Studies show in low calorie frozen food industry nearly 42.9%  shares were ...

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userWritten By : Mark     postPosted On : Jul 22, 2021     downloadDownload : 0
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ECON 782 Managerial Economics  

Pages : 3 | Type : Essay

Answers: Outsourcing may be defined as a phenomenon whereby certain type of work are carried out by the labour situated in the foreign country. This has been quite prominent as the world has become more globalised and hence more competitive. I used to work as the recovery agent in a call centre based in US which had many leading banks as the client. However, gradually there was a reduction in business as majority of the clients outsourced their ...

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userWritten By : Mark     postPosted On : Aug 13, 2021     downloadDownload : 0

More Courses from University Of South Dakota

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ECON 782 Managerial Economics  

Pages : 5 | Type : Essay

Answers: The regression equation of demand for widgets is given as: Where, QD = Quantity demanded for 3-pack units P (in cent) = Price of the product; Given P= 500 cent for 3 pack units Px (in cent) =Price of leading competitor’s product; Given Px = 600 per 3 packs unit Y(in dollars)= Per capita income of the standard metropolitan statistical areas located around the supermarkets; Given Y= $ 5,500 A (in dollars) = Monthly advertising...

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userWritten By : Mark     postPosted On : Sep 10, 2021     downloadDownload : 0

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