The methods for the research were based on a sample survey. The survey was a classroom collaboration, where we all come up with questions and administer the survey. We used email, text, cellphone as well as social media like Facebook, whatsup and Instagram to administered the survey. People who participate include family member, friends, coworker, classmate, and client. Everyone in the class needed to get at least five participate. As a group, we had 188 people that respond to the survey. It must
Solutions to selected exercises from Jehle and Reny (2001): Advanced Microeconomic Theory Thomas Herzfeld September 2010 Contents 1 Mathematical Appendix 1.1 Chapter A1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.2 Chapter A2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Consumer Theory 2.1 Preferences and Utility . . . . . . 2.2 The Consumer’s Problem . . . . . 2.3 Indirect Utility and Expenditure . 2.4 Properties of Consumer Demand 2.5 Equilibrium
sell their products to education, consumer creative professional, business and government customers. While apple seems to display numerous products and conduct business on different segments, it is legitimate to wonder what the company is really good at? Too much diversity is exactly what crushed Apple during the John Scully days. Cannibalization (CI#2): Through January 2005, Apple has opened 102 retail stores. Although these launches are potentially beneficial, Apple stores are hurting the resellers’