dominion

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Title: dominion

Essay Details:

Subject: Miscellaneous

Author: Alicia R

Date: May 12, 2016

Level: University

Grade: A

Length: 3 / 699

Essay text:

In effect, Dominion must act quickly if they plan on preventing the loss of their current hold on the market. Possible Solutions: 1. The simplest solution would be to readjust the price of their currently popular and powerful 10-hp motor to that of a 7.5-hp motor. This would place a more powerful motor in competition with the smaller ones. Such a solution would be a relatively successful short term solution to the dilemma. Unfortunately, profits would be reduced since the 10-hp motor costs close to two-hundred dollars more that the 7.5-hp motor. Furthermore, profits would be reduced by around six-hundred dollars per unit...

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