Choose a product for which you are interested in creating a marketing plan. It can be a product that already exists, or one you would like to launch. It must be a legal product.

Write a 1- to 2-page paper (250 to 550 words) that specifically describes your product. The most important requirement for this assignment is that the reader has a clear understanding of your product, what it does for the consumer, and how it works or functions.

Some information you should include is the name of your product. If you are choosing to write about a product you would like to launch, be sure to create a name for your product and try to be creative. Explain the features and benefits, making sure to differentiate between these two concepts.

The “product” section is the most important of the four Ps of marketing: product, price, place, and promotion. Effectively completing this part of the project should set you up for success for the rest of the project.

what is the effect of E – commerece sector in corona virus to related in ASEAN

if the cross-price elasticity between ketchup and hamburgers is -1.2, a 4% increase in the price of ketchup will lead to a 4.8%:

a. increase in quantity demanded of ketchup.

b. drop in quantity demanded of hamburgers.

c. increase in quantity demanded of hamburgers.

d. drop in quantity demanded of ketchup.

What is the Global Strategy to Improve Agricultural and Rural Statistics?

Princess Leia and Luke Skywalker find themselves trapped on the moon of Alderaan. While they are waiting for the rebel fleet to rescue them, they can survive by eating daptoids and polytheerons. One of either species will provide a meal for two rebels. These are both tasty but difficult to catch food sources. Of course, Leia is better at catching them than Luke.

Below is a table of the results Leia prepared.

1. Who has the absolute advantage in catching daptoids? For catching polytheerons?
2. Would it make sense for the same person to be catching both while the other watches?
3. What opportunity costs do Luke and Leia have for these food items?
4. Who has the comparative advantage in hunting daptoids? Polytheerons?
5. Draw the 12 hour linear production possibilities curve for Leia and Luke. Put these on the same graph, using graph paper is recommended.
6. What would you recommend these exiles do (based on 12 hours)?

1) A lower price for batteries would result in a(n)

A) decrease in the demand for flashlights.

B) increase in the demand for batteries.

C) Increase in the demand for flashlights.

D) Decrease in the demand for batteries.

2) If Kindle e-readers and Nook e-readers are substitutes, a lower price for Nooks would result in a(n)

A) Decrease in the demand for Kindles.

B) Increase in the demand for Nooks.

C) Increase in the demand for Kindles.

D) Decrease in the demand for Nooks

3) Which of the following demonstrates the law of supply?

A) When shirts producers expected shirt prices to rise in the near future, they decreased their current supply of shirts.

B) When salt prices rose, salt sellers decreased their quantity supplied of salt.

C) When the price of soccer balls rose, soccer balls sellers increase their quantity supplied of soccer balls.

D) When computer production technology improved, computer producers increased their supply of cars.

a) Explain the relative merits of fixed and floating exchange rate regimes.

b) From the perspective of in international business, what are the most important criteria in a choice between the systems?

c) Which system is the more desirable for an international business?

1. In your own words, explain the difference between price ceilings and price floors. Why would an economy use them? Who is hurt by each one and why? Who is helped by each one and why?
2. Why would the government support price ceilings and price floors knowing that they are inefficient? What might they be trying to accomplish?

Answer the following questions related to GDP

1. What is the relationship between savings, capital formation, and consumption?

2. GDP is defined as the market value of all final goods and services produced within a country in a given period of time. In spite of this definition, some production is left out of GDP. Explain why some final goods and services are not included.

3. Explain why the value of intermediate goods produced and sold during the year are not included separately as part of GDP, but intermediate goods produced and not sold are included separately as part of GDP.

4. Use the data below to find out the growth of income per person (over the entire period, not an annual basis) between the two years listed.

5. Suppose you know that Canada's GDP in 1999 was $900 billion, and Canada's GDP in 1933 was $9 billion. What judgment about the change in the economic well-being of average Canadians could you make? Explain.

2) Show that second-order conditions for cost minimization are weaker than second-order conditions for profit maximization.

How does Chambers justify changing Cisco’s business structure from command and control to teamwork and collaboration?

Identify 4-5 U.S. cities that have rent control (price ceiling). Discuss the specific policy each city has in place, the purpose of the policy, and for how long it has been in effect. Analyze the effects of each policy. Use the demand and supply model to illustrate your analysis.

Suppose a billionaire takes an extra hour to arrive at work each day because he must drive slowly through a crowded slum. The billionaire proposes that the slum be demolished. The monetary gains of getting the billionaire to arrive at work faster are assessed at $10m. The monetary costs to the 1,000 residents of losing their homes is only $1m. So a cost-benefit analysis would recommend that the slum be demolished, even though the suffering it would inflict far outweighs the hedonic benefit to the billionaire.

● Make your own example of a situation where a cost-benefit analysis would make a recommendation that would reduce the general well-being. (150-400 words)

● What is “diminishing marginal utility of income”, and why is it relevant to the story you wrote?

● What is “equal marginal utility of consumption”? Is it a reasonable assumption? (Goodstein Chapter 2)

● Why do neoclassical economists (the majority of economists) not assess “well-being” when doing cost-benefit analyses? Why do they only use monetary costs and benefits? (150-400 words).