Australian company Too Cool has developed two new virtual reality games based on The Hunger Games and X-Men movie franchises and wants to market these offshore. Select one country and develop an international promotion strategy for the company’s entry into that country. In particular, consider the following: • Culture • the consumer behavior/buying process, • levels of economic development and • constraints such as media availability and language. In your response, consider the different promotional tools that could be used (e.g. advertising, sales promotion, direct marketing or social media) in the context of the country, product, consumer and competition.
In: Economics
Alienware and Foxconn are two multinational electronics company
operating in a homogeneous computer hardware market. The
engineering department at Alienware has been steadily working on
developing a patented technology that has enabled the firm to
reduce its marginal cost and emerge as a leader in the
market.
The inverse demand function for the market is P = 1200
- 6Q
Alienware's costs are TC = 60QA and Foxconn's costs
are TC = 120QF.
The current output for Alienware is QA = 100 while
Foxconn produces QF = 50. The current price is P =
300.
Ignoring antitrust possibilities, suppose Alienware makes an offer to Foxconn and they are in the process of negotiating a merger.
What is the potential price of the product after the merger?
In: Economics
In view of the Coronavirus epidemy, the Bank of Canada along with most advanced nations’ central banks has cut its policy interest rate by 1.5% to 0.25%.
In: Economics
What role was played by quantitative easing (QE) in the U.S. after the “Great Recession”? Was this QE necessary or not? (Explain in great detail with reference to economic policies)
In: Economics
In: Economics
What indicators would you look for in assessing the political riskiness of an investment in Eastern Europe?
In: Economics
Adam Smith coined the Diamond Water Paradox. Where something that is essential to life has little value where something that does not has great value.
1.) Explain what theory Adam Smith was using and therefore was unable to explain why the paradox existed.
2.) Explain how modern economist have solved the Diamond Water Paradox.
3.) Explain the difference between Marginal Utility and Total Utility
4.) Give an example of Marginal Utility vs Total Utility in today's society.
give each answer an example
In: Economics
In: Economics
Determining a Stock's Value
Of the three different investment theories used to
evaluate and determine a stock's value (Fundamental Analysis,
Technical Analysis, and Efficient Market Hypothesis), which one of
these do you think is the most effective and why? Make sure to
discuss the facts, or reasons, supporting your
conclusion.
In: Economics
how developing nations might better manage globalization to maximize its effect on both terrorism and growth?
In: Economics
: EACH QUESTION SHOULD BE 1 TO 3 PAGES IN LENGTH TO COVER THE MATERIALS. USE CITATIONS FROM YOUR RESEARCH AND THE CLASS MATERIALS. PROVIDE WORKS CITED PAGE.
Question: what is meant by the term Jus Cogens. Why is it important to international law and what effect does it have on the making of international law.
In: Economics
A free trade equilibrium exists in which the United States exports machinery and imports clothing from the rest of the world. The goods are produced with two factors: capital and labor. An increase now occurs in the U.S. endowment of capital, its abundant factor.
A. What is the effect on the shape and position of the U.S. production possibility curve?
B. What is the effect on the actual production quantities in the United States if the commodity price ratio is unchanged? Explain.
C. What is the effect on the U.S. willingness to trade?
D. Assuming that, the U.S. growth does affect the international equilibrium price ratio, what is the change in this price ratio?
In: Economics
Explain the historical difference between the economic growth in England and that in the United States. What were the major causes of economic growth in each nation? What were the similarities and differences?
In: Economics
Provide 2 paragraphs to answer the following question.
1. What are some of the major different types of taxes? How are they levied and who pays each tax? What is meant by a tax’s progressivity? How is this determined?
In: Economics