Obviously, from the point of view of efficiency, the higher the EER the better, but a higher EER is tyically accompanied by a higher price. Consider two 12,000-BtuBtu air conditioners, one with an EER of 7.8 and the other with an EER of 10. The difference in price is about 70 dollarsdollars. Assuming that the air conditioner will be operated for 6 hours daily during a period of 4 months every year, how long will it take to break even financially if you purchase the more expensive unit? Take the cost of electricity to be 0.10 dollar/(kilowatt⋅hour)dollar/(kilow att⋅hour).

Which of the following best explains cost-push inflation? a. increasing wages for workers drive up the cost of production, forcing producers to charge more to meet their costs. b. consumers demand goods faster than they can be supplied, increasing competition among buyers. c. rising prices for goods and services reduce spending power and cut into consumer demand. d. wages drop so that workers have to spend a higher percentage of income on the cost of necessities.2b2t

Which of the following is located at the point where the supply and demand curves intersect? a. the equilibrium price. b. the minimum supply. c. the level of efficient production. d. the maximum demand. 2b2t

1. the political environment in india has proven to be critical to company performance for both pepsico and coca-cola india. what specific aspects of the political environment have played key roles? could these effects have been anticipated prior to market entry? if not, could developments in the political arena have been handled better by each company? 2. timing of entry into the indian market brought different results for pepsico and coca-cola india. what benefits or disadvantages accrued as a result of earlier or later market entry? 3. the indian market is enormous in terms of population and geography. how have the two companies responded to the sheer scale of operations in india in terms of product policies, promotional activities, pricing policies, and distribution arrangements? 4. “global localization” (glocalization) is a policy that both companies have implemented successfully. give examples for each company from the case.