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Essays 61 - 90

Pricing Decisions

sales they can increase the profit with less made on each individual sale, but making up for the lower profit per unit with a larg...

Ben & Jerry's From a Microeconomics Perspective

every day!" ("Ben & Jerrys"). It also is a good corporate citizen: "Long considered one of the countrys most socially conscious co...

Ecommerce and Pricing Strategies

2. Pricing Strategy The way in which a company sets prices will need to take into account many different conditions. Where this i...

Supply and Demand Law of Economics

What is scarce doesnt matter; it could be money, goods, time, happiness, skills or anything else (Investopedia Inc., 2005; Wikiped...

Case Study of Ineos Cholr

of a division, on the top of the division is the percentage change in the quantity demanded, (the percentage change in the number ...

Elasticity Concept and Economic Questions

In six pages this report considers the concept of elasticity demand and economics in terms of 6 different issues. There are no so...

Elasticity and the Price of Prescription Drugs

In six pages this paper discusses the need for elasticity regarding the cost of prescriptions drugs because of the significant imp...

Various Aspects of Business Economics

In twenty pages price, income, and cost elasticity, inflation causes, unemployment causes and responses, floating and fixed rates ...

California Energy and the Impact of Supply and Demand

In five pages this paper discusses California's energy in a consideration of electric power price elasticity and the impact of sup...

Housing Market Economics

to appreciate over time. Just as Adam Smith observed with the overall economy, the natural progression is expansion. The speed w...

Economics in the Business World - 3 Questions

Written in 3 parts the paper looks at the use of input substitution ratios, profitability using the Lerner index and the concept o...

Supply and Demand, Elasticity and Monopoly Conditions

converse is true and the supply exceeds the demand, the price will then drop, dropping to a level where it is able to attract suff...

Business Decisions for Will Bury

in that market, taking some of the custom away from Will However, if they do not have the technology to scan the books and reprodu...

Using Elasticity to Set a Price

of a product then the demand will increase (Nellis and Parker, 2006). This is the pattern for most goods, but not all, as some goo...

Issues Concerning Price Elasticity

and supply side economics. The way in which supply and demand meet can be seen as the determinants of price and the equilibrium th...

The Costs of Prohibition and the Economic Effects of the Legalization of Marijuana

legalization with federal, state, and local government statistics; competition; elasticity; supply and demand evaluations; tax rev...

Pricing Decision Case Study

demand Demand 200,000 150,000 25 Price 20 15 25 Elasticity 1.00 Table 2 Elasticity in 2002 Old amount New amount % change in de...

Influences on the Demand Following a Change in Price

this we need to look at the concept of elasticity. To look at the concept of elasticity, it is first necessary to consider the ide...

Stock Market and Zero Price Elasticity

The money supply is examined in this discussion of zero price stock market elasticity in five pages. Seven sources are cited in t...

Maximizing Profits Through Price Elasticity

In ten pages this paper discusses how prices can be determined and profit maximized through elasticity calculations. Eight source...

Economics and Drug Legalization

In seven pages this paper discusses drug decriminalization and legalization in an assessment of pro and con arguments with product...

Price Determination

In five pages this paper discusses price and the impact of supply and demand along with influences on equilibrium by various exter...

Income and Demand Elasticity

In six pages income and demand elasticity are discussed. Five sources are listed in the bibliography and 3 graphs are also provid...

Medical Services' Supply and Demand

In six pages physicians and medical services are examined in terms of their classification as inelastic products and the effects o...

Summer of 2000 Elasticity of Gas Prices

In five pages the elasticity of gas prices that broke all records in the summer of 2000 is examined. Seven sources are cited in t...

Demand and Elasticity

In five pages the elasticity of demand concept is examined with the argument presented that entrepreneurs consider it important be...

Connection Between Health Care Spending and Income

In five pages this paper examines the correlation between income and spending for health care with elasticity, insurance impact, a...

Answering Questions on Economics

it demands from the consumer. A budget item demands attention, but a ten cent increase in the price of a candy bar probably does ...

An Economic Perspective in the Reduction of Child Labor

along with the level of elasticity (Baye, 2006). Where there is a demand for a product or service, in this case the service is chi...

Tourism and Economics

the rates at which wages can increase. But this will make it hard for employees to keep staff, especially good staff who may be mo...