A Tesco case study Introduction Tesco is a customer-orientated business. It aims to offer products that provide value for money for its customers and to deliver high-quality service. Tesco wants to attract new customers, but it also wants to keep its existing customers happy. Building customer loyalty is a cost-effective strategy to grow the business….
There are several problem areas: availability of material not appropriate for children, contact with people who seek to abuse children, and privacy risks from game sites that ask children for extensive personal and family information (for marketing purposes). How serious are these problems? What is being done about them? Evaluate various solutions. Do benefits for…
1. Based on Flanagan (2019). You have an athlete who needs to improve his jump height. What determines how high he can jump? (100 points). 2. Based on Flanagan (2019). Your athlete is performing a dumbbell biceps curl. During the concentric phase of this exercise, at a constant speed, the athlete realizes that the exercise…
What is Basic transfer (BT), why do the accumulations of debts happen in developing countries?
What is Net capital outflow (NCO) what is the equality of Net Exports (NX) and Net Capital Outflow?
Explain the concept of diminishing marginal utility, and describe the role that it plays in the utilitarian argument for the redistribution of income. The following income distribution data are for a country called New Land. Can you design a tax to redistribute the income to achieve a equal income distribution? Quintile Percent Share Lowest 20%…
12. What are three general forms of market failure? List one specific example and the solution. 1. Using a supply and demand diagram, demonstrate how a negative externality such as pollution leads to market inefficiency. How might the government help to eliminate this inefficiency? What are the environmental policy options in Developing Countries? 2. Provide…
. What’s the difference between the nominal tariff and the effective tariff? Assume 25% Tariff has been imposed on the imported Chinese TV. The U.S. TV is $150 and the Chinese TV is $100 before tariff. The cost of non-labor inputs for both U.S TV and Chinese TV is $80. What is the Effective Tariff…
Game theory of Trade War. Two Players: China and the United States: Two choices: Raise tariff by 25% or leave tariffs alone. If both countries raise tariffs, each country’s GDP decreases by $200 billion. If neither country raises tariffs, each country’s GDP remains the same. If only one country raise its tariff, its GDP increases…
What are the main assumptions of the Harris-Todaro model of rural-urban migration? Suppose the rural wage is $5 per day. Urban modern sector employment can be obtained with 0.6 probability and pays $10 per day. Will there be any ruralurban migration? Explain your reasoning for people with different risk preference, stating explicitly any simplifying assumptions,…
