1. If demand function is given as, Qd=200-P+0.021+0.5Py, where as, Qd=quantity demand, P=price of studied commodity, Py= price of related good Y and I= income of consumer and P=5, l=1000 and Py-30. Then, a. Calculate price elasticity of demand (5 point)

b. Calculate cross-elasticity and describe nature of commodity (3 point)

c. Calculate income elasticity and nature of commodity (2 point)

Goals that are overly ambitious can discourage employees and decrease motivation, yet the idea of stretch goals is proposed as a way to get people fired up and motivated. as a manager, how might you decide where to draw the line between a “good” stretch goal and a “bad” one that is unrealistic?

Lambert manufacturing has $100,000 to invest in either project a or project b. the following data are available on these projects (ignore income taxes.): project a project b cost of equipment needed now $100,000 $60,000 working capital investment needed now - $40,000 annual cash operating inflows $40,000 $35,000 salvage value of equipment in 6 years $10,000 - both projects will have a useful life of 6 years and the total cost approach to net present value analysis. at the end of 6 years, the working capital investment will be released for use elsewhere. lambert's required rate of return is 14%. the net present value of project b is:

Amap from a trade development commission or chamber of commerce can be more useful than google maps for identifying