During the summer, the largest computer game retailer has a massive sale. as prices for computer games fall, consumers purchase more games, ceteris paribus. what does the term ceteris paribus mean in this context? that it is an easy to understand statement and does not require complex analysis that the basic concepts of economics do not apply holding all else equal (unchanged) allowing all economic variables to change why, if at all, is the ceteris paribus condition important in economic analysis? it allows the analysis of how a single change affects an economic environment. it is not important. it allows the analysis of how changes in every economic variable at once affects an economic environment.

Based on an annual disposable income of $40,000, calculate the average amount o money a person would save in japan; in the united states; in france.

Case in point 1.2 suppose you work in the it department of global hotels, a multinational hotel chain. global hotels runs several specialized business support systems, including a guest reservations system that was developed in-house to meet the requirements of a large company with worldwide operations. guests can make one-stop online reservations by visiting global's website, which has links to all major travel industry sites. global hotels just acquired momma's, a regional chain of 20 motels in western canada. momma's uses a vertical reservations package suitable for small- to medium-sized businesses and a generic accounting and finance package. should momma's use global hotels' information systems or continue with its own? in your answer, consider issues such as business profiles, business processes, system interactivity, edi, ecommerce, and the characteristics of both information systems. what additional information would be to you in making a recommendation?

Match the given situations to the type of risks that a business may face while taking credit. 1. beta ltd. had taken a loan from a bank for a period of 15 years, but its sales are gradually showing a decline. 2. alpha ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making this decision. 3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession. 4. delphi ltd. has taken a short-term loan from the bank, but its supply chain logistics are not in place. a. foreign exchange risk b. operational risk c. term of loan risk d. revenue projections risk