Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
1
![A market analyst in the company observes that the training program would also
prepare its American sales representatives to sell to Canadian Pokémon trainers, a
heretofore unserved market. The analyst's research indicates that demand and
marginal revenue in Canada are given by:
P(Q) = 25 – Q
MR(Q) = 25 – 20
Which output(s) and price(s) should the company choose if it adopts the training
program and expands into the Canadian market?
U.S. Quantity
U.S. Price =
Canadian Quantity
%3D](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd1dba453-697d-4ac1-a744-d78c4a41c40a%2Fd81accbf-70b5-458c-ad6b-7b8f0e403857%2Fq92dj38_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A market analyst in the company observes that the training program would also
prepare its American sales representatives to sell to Canadian Pokémon trainers, a
heretofore unserved market. The analyst's research indicates that demand and
marginal revenue in Canada are given by:
P(Q) = 25 – Q
MR(Q) = 25 – 20
Which output(s) and price(s) should the company choose if it adopts the training
program and expands into the Canadian market?
U.S. Quantity
U.S. Price =
Canadian Quantity
%3D
![Canadian Price =
Question 33
41 Listen
Should the company invest in the training program if allows them to expand into the
new market?
Yes
No
Question 34
4I Listen
Did your evaluation of the training program change? Justify your answer.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd1dba453-697d-4ac1-a744-d78c4a41c40a%2Fd81accbf-70b5-458c-ad6b-7b8f0e403857%2Ftigku2g_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Canadian Price =
Question 33
41 Listen
Should the company invest in the training program if allows them to expand into the
new market?
Yes
No
Question 34
4I Listen
Did your evaluation of the training program change? Justify your answer.
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