Case Study: Dynamic Pricing – Strategies for Enhancing Profitability Overview Dynamic pricing is a collection of pricing strategies used by firms and organization to enhance profits. You will begin by exploring pricing techniques that operate in the market in real time. Then you will explore how auctions are employed in the search to find the value of goods and … Read more
The purpose of this assignment is to help you practice skills that are essential to success in this course and your professional life after graduation. You will conduct a forecast. Almost all decisions by managers involve a forecast. You will build a variety of skills. For this assignment, you will seek out quality data, choose … Read more
I. Consider the following demand and supply curves: QD = 40 – 15P QS = 6 + 2P 1. Use these two equations to solve for the market clearing price and quantity. 2. Draw the diagram. 3. In the diagram, indicate Consumer Surplus. 4. In the diagram, indicate Producer Surplus. II. An entrepreneur has the … Read more
1. Choose a research topic that interests you and peaks your curiosity. However, it must be about managerial economics. 2. Research/find a minimum of at least 5 (or more) different peer-reviewed journal articles on your topic from the College Library or any online business database. 3. The article(s) must be current/published within the last … Read more