To start your post: Identify what behavioral model you think is most used in the United States? Give an example of an industry that uses that behavioral model and how it is used.
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- How profound the impact of advertising is in Microeconomics? Also explain its benefits.As you review the Facebook site, you note that packagingfor your company’s bread uses the words “heart-healthy.”Would you bring this to the attention of the marketing groupresponsible for product packaging? Or would you look fora way to obscure the package design online? Defend youranswer.The Marketplace of Perceptions _Craig Lambert_.pdf Just as "perfect competition" may be more of an ideal than a description of an actual market, so to the idea of "economic man", who always acts with rational self-interest. Please follow the above link and respond to an article that discusses the rise of behavioral economics as a relatively new field of study in the last 30 years. Share two things: what do you recognize in your own behavior that is described as 'behavioral economics' in the article. identify an issue from world news that is better understood when seen through the lens of behavioral economics. "Economic Man makes logical, rational, self-interested decisions that weigh costs against benefits and maximize value and profit to himself. Economic Man is an intelligent, analytic, selfish creature who has perfect self-regulation in pursuit of his future goals and is unswayed by bodily states and feelings. And Economic Man is a marvelously convenient pawn for building…
- In evaluating marketing actions, what are the two dimensions on whichthey should be evaluated?The following graph depicts the costs incurred by a Local egg seller, Rahim. Rahim is faced with strong competitors who are selling exactly the same product. Use the graph to answer the following questions- Price/Cost per egg MC 12 ATC 8 MR3 AVC 6. MR2 MR1 Quantity 100 200 300 400 a)At what price will Rahim try to minimize loss by selling eggs in the market? b)At what price will there be a break-even point?How does the company set its goods or services apartfrom those of its competitors? Does the company compete on price, quality, service, innovation, or some otherattribute?
- Why does Pinterest see Google as its biggest competitor? Why does Pinterest prioritize the smartphone platform while developing new features and products?Give explanation whether the statement is true or fals e don't upload any graph for explanation please and get like. Hand written solutions are strictly prohibited.fnan421 Word Gözden Geçir Görünüm Varam V Ne yapmak isted ginzi soyieyin 2) Two firms, X and Y, are planning to market their new products. Each firm can develop TV, Laptop. Market research indicates that the resulting profits to each firm for the alternative strategies are given by the following payoff matrix: FIRM Y TV LAPTOP PHONE FIRM X TV 30, 30 50, 35 20, 50 LAPTOP 40,70 20, 20 50,80 PHONE 50,20 80,50 10,10 A) Find the Nash equilibria for this game, assuming that both firms make their decisions at the same time. (explain the decision step by step)i B) If each firm is risk averse and uses a maximin strategy, what will be the resulting equilibrium? (explain the decision step by step);
- What strategies should Wal-Mart follow to succeed in a market like Africa with its low n Icome levels and high poverty incidence? Do you think its low-cost model will be successfulll in Africa? Give reasons to support your answer.Please Read and repond to the following questions: https://hbr.org/2019/02/netflix-and-the-economics-of-bundling A. Explain why Netflix is able to profitably release movies for free at home instead of releasing in theaters first for higher a price before releasing at home. Why doesn't this model work for all movie production companies? B. Recently more firms have adopted the Netflix model. For example, Warner Brothers announced they would release all movies on HBO Max at home at the same time they are released in theaters in 2021. Who benefits from this change? Who is made worse off from this change? Do you think society is better or worse off from this change?please do both of the pictures and label corretcly. thank youuu
