MBA5004 Week5 Course Project: You are an economist for the Vanda-Laye Corporation, which produces and distributes outdoor cooking supplies. The company has come under new ownership and management and will be undergoing changes in its product lines and operating structure. As an economist, your responsibilities include examining the market factors that affect success or failure […]

MBA5004 Week 5 Discussion Question: Many would argue that in a capitalistic economy, the government cannot provide goods and services as efficiently as the private sector. For example, most arguments for and against the Affordable Health Care Act center on the efficiency of the government in managing and operating a health care system. Do you […]

MBA5004 Week4 Course Project: Your consulting firm was just granted an exclusive contract for Vanda-Laye Corporation. You now must decide your pricing policy. The firm will encounter no fixed costs, and all revenue is after taxes. As your firm has been granted an exclusive contract, your pricing and output decisions will be those of a […]

MBA5004 Week 4: Price discrimination is the practice of charging different customers or groups of customer’s different prices for the same product. Why does price discrimination occur? Describe the conditions that must be present for price discrimination to occur. Justify your answer.   Since you are engaging in research, be sure to cite in the […]

MBA5004 Week3 Course Project: You are an economist for the Vanda-Laye Corporation, which produces and distributes outdoor cooking supplies. The company has come under new ownership and management and will be undergoing changes in its product lines and operating structure. As an economist, your responsibilities include examining the market factors that affect success or failure […]

MBA5004 Week 3: One of the problems in a competitive market environment is deadweight losses. What are deadweight losses, and what are their causes? What are the market effects of a deadweight loss? What are the major factors that determine who will bear the burden of a tax or the incidence of a tax?   […]

MBA5004 Week2 Course Project You are the new owner of Vanda-Laye Corporation. You are interested in your company’s cost and revenue relationships as well as its future pricing strategies. Tasks: Analyze how the Utility Theory can help you determine pricing as you make changes to the companies pricing strategies. Evaluate what information is needed to […]

MBA5004 Week 2 Discussion Question: Many factors affect the demand for a product, which is a concern for management and the decision-making process. To correctly assess the demand for their products, managers must determine the effect of all relevant variables. Select a particular industry or product and define the following variables: Inferior versus normal goods […]

MBA5004 Week1 Course Project For your course project, you will conduct a course-long comprehensive analysis of select operations for the Vanda-Laye Corporation. Through Weeks 1, 3, and 5, you will conduct an analysis of given situations for the company and use that analysis in the decision-making process. The assignments in Weeks 3 and 5 are major projects […]

MBA5004 Week 1: Spending by the consumer sector is the driving force in the US economic system. Although the business and government sectors make a considerable contribution to the success of the economy, it is the spending by the consumer or household sector of the economy that determines prosperity or recession in the economy. Do […]