Assume that there are three types of teams in Major League Baseball: large market, medium market and small market. Each of these types has ten teams for a total of 30 teams. The demand function for each type of team is: DL: Q = 110 - 2P
DM: Q = 80 - 2P
DS: Q = 70 - 2P

Assume the marginal cost of a national advertisement is $610.

Required:
a. What is the price Major League Baseball will pay for each advertisement?
b. What is the number of advertisements Major League Baseball will buy as a league?
c. How much will each large market team pay for its share of the advertising budget?
d. How much will each medium-market team pay for its share of the advertising budget?
e. How much will each small-market team pay for its share of the advertising budget?

To make a profit while benefiting humanity is an example of a mission statement that what

Which of the following statements is correct? a) due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporationsb) most businesses (by number and total dollar sales) are organized as proprietorships or corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, primarily because corporations have important tax advantages over proprietorships and partnerships.c) due to legal considerations related to ownership transfers and limited liability, which affect the ability to attract capital, most business (measured by dollar sales) is conducted by corporations in spite of large corporations' less favorable tax treatmentd) large corporations are taxed more favorably than proprietorshipse) corporate stockholders are exposed to unlimited liability

Burberry is pursuing a focused differentiation strategy aimed at high-end luxury customers. however, the company is also employing a segmentation strategy to separate customers within that focus. the strategy offers items at an entry-level price point for customers who desire to be like celebrities such as sarah jessica parker as well as couture items for those richest and celebrity customers. what strategy is burberry pursuing?