Category: Economics

Copper Surplus is Foreseen in ’07 – Case Analysis

Case Analysis on Copper Industry based on Wall Street Journal Article “Copper Surplus is Foreseen in ’07” Summary of the Case Allen Sykora’s article, “Copper Surplus is Foreseen in ’07”, published on the Wall Street Journal in 2007, focuses on the copper industry from a global point of view and the factors surrounding the decline in the level of production...

Case analysis/Economics

Game Theory Practice

1. a) What is game theory? Describe and explain. Game theory is a general framework to aid decision making when agents’ payoffs depends on the actions taken by other players. Game theory can be used to analyze decisions within a firm, such as those related to monitoring and bargaining with workers. b) What are the five components that a normal...

Economics

Quantitive Demand Analysis

Quantitive Demand Analysis – Problems and Applications Problem 1: Revenue at a major Smartphone manufacturer was $2.3 Billion for the nine months ending June, up 85 percent over revenues for the same period last year. Management attributes the revenue to a 108 percent increase in shipments, despite a 21 percent drop in the average blended selling price of its kind...

Economics

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