Chapter 2 Problem 6
A. There is no revenue generated from giving away the videos,
therefore costs need to be minimized.
Cost of Supplier A: 1200+2Q
Cost of Supplier B: 4Q
Where Q is the number of dvds.
Number of DVDs to order and from which sup
Chapter 4: Problem 8
a. The significance of a regression coefficient is determined by either the tratio or p-value. For a variable to be statistically significant the absolute
value of t-ratio should be greater than 2 or p-value less than 0.05.
Michael Porter in his book
Competitive Strategy: Techniques for Analyzing
Industries and Competitors states The intensity of competition in an industry is
neither a meter of coincidence or bad luck. The state of competition in an industry
rather depends o
Chapter 8, problem 12:
Average cost per book = $5
Selling price of book, P = $9 at Q =12
Demand curve: P = 15 - 0.5Q
Profit = selling price x quantity average cost x quanti
Final Project: Packaged Juice Industry
Industry Insight Report
Packaged Juice Industry
Final Project: Packaged Juic