Monetary

Which of the three metrics, Recency, Frequency, or Monetary, would you value most for a hotel chain? In other words, would each of the 3 metrics have equal weighing (33.3%) or would you change the weighting (still adding to 100%)?

Data Analytics Database reading and answer questions Questions: For marketers at a hotel chain, such as Marriott Hotels & Resorts, how should an RFM data- driven strategy influence their marketing efforts? Which of the three metrics, Recency, Frequency, or Monetary, would you value most for a hotel chain? In other words, would each of the […]

What does the “invisible hand” of the marketplace do? Explain the two main reasons of market failure and give an example of each.

Macroeconomics Assignment 1 Questions: Week 2 to Week 3: – [15 Marks] Water is necessary for life. Is the marginal benefit of a glass of water large or small? Give an example of some action from your real life that has both a monetary and non monetary opportunity cost. (3 Mark) What does the “invisible […]

What specific theory (model) do economists use to determine Gross National Product (GDP) and the average price level (e.g., Consumer Price Level or CPI)?

1. Describe how output and prices are determined. 2. Describe shocks. 3. Give an example of a shock. 4. Explain how monetary and fiscal policy can offset Aggregate demand and aggregate supply_ COVID Essay Instructions This is a take-home, open-book assignment. Each student has one week to upload their work to Chalk & Wire AND […]

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