WhatsApp +1 (332) 244-5747

Supply functions

Get your custom paper done at low prices

Y

275 words/page

Y

Double spacing

Y

Free formatting (APA, MLA, Chicago, Harvard and others)

Y

12 point Arial/Times New Roman font

Y

Free title page

Y

Free bibliography & reference

1a. The incentive contract plan that the CEO of General Motors could take would be to use business practices or tactics to earn the greatest profit under the prevailing market conditions. One of these practices could be strategic decisions. This is business actions taken to alter market conditions that increase and protect the strategic firm’s profit. Long-run profitability could come from having few substitutes or abundant complementary products.

1b. If these strategic decisions do not perform you could use opportunity cost to criticize the incentive contract plan. If the company gives up a resource to produce a certain good or service.

Suppose general supply function is: Qs= 100 +20P-10P1 +20F. $100 for price of an important input for cost for P1 and 30 banks (firms) in the industry selling bonds. Qs=100+20P-10($100)+20(30)Qs= -300+20pSupply Schedule for supply function: Qs=-300+20pQuantity Supplied2,5002,1001,7001,300900500100The shift would be a supply curve2b. unsure.

TESTIMONIALS

What Students Are Saying

Outstanding service, thank you very much.

Undergraduate Student

English, Literature

Awesome. Will definitely use the service again.

Master's Student

Computer Science