- Research elasticity information for two particular goods: one with an elastic demand and one with an inelastic demand. Using elasticity information you gather, predict changes in demand. The United States Department of Agriculture website has a good resource to help with this.
- Describe how marginal analysis, by avoiding sunk costs, leads to better pricing decisions.
- Explain the importance of opportunity costs to decision-making and how opportunity costs lead to trade.
- Evaluate how better business decisions can benefit not just the producer but the consumer and society as a whole. In your evaluation, contrast the deontology and consequentialism approaches to ethics.
Expanding an Executive Communication Report Proposal into a Formal Report Background: In today’s fast-paced business world, effective communication
Expanding an Executive Communication Report Proposal into a Formal Report Background: In today’s fast-paced business world, effective communication is essential for organizational success. Executives often rely on concise communication reports to make informed decisions. This assignment builds on the skills you developed in creating a 1-2 page executive communication report