Due Week 9 and worth 300 pointsAssume that the low-calorie frozen, microwavable food company from Assignments 1 and 2 wants toexpand and has to make some long-term capital budgeting decisions. The company is currently facingincreases in the costs of major ingredients.Use the Internet and Strayer databases to research government policies and regulation.Write a six to eight (6-8) page paper in which you:1. Outline a plan that managers in the low-calorie, frozen microwaveable food company could followin anticipation of raising prices when selecting pricing strategies for making their productsresponse to a change in price less elastic. Provide a rationale for your response.2. Examine the major effects that government policies have on production and employment. Predictthe potential effects that government policies could have on your company.3. Determine whether or not government regulation to ensure fairness in the low-calorie, frozenmicrowavable food industry is needed. Cite the major reasons for government involvement in amarket economy. Provide two (2) examples of government involvement in a similar marketeconomy to support your response.4. Examine the major complexities that would arise under expansion via capital projects. Proposekey actions that the company could take in order to prevent or address these complexities.5. Suggest the substantive manner in which the company could create a convergence between theinterests of stockholders and managers. Indicate the most likely impact to profitability of such aconvergence. Provide two (2) examples of instances that support your response.6. Use at least five (5) quality academic resources in this assignment. Note: Wikipedia does notqualify as an academic resource.Your assignment must follow these formatting requirements:• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on allsides; citations and references must follow APA or school-specific format. Check with yourprofessor for any additional instructions.• Include a cover page containing the title of the assignment, the student’s name, the professor’sname, the course title, and the date. The cover page and the reference page are not included inthe required assignment page length.The specific course learning outcomes associated with this assignment are:• Propose how differences in demand and elasticity lead managers to develop various pricingstrategies.• Analyze the economic impact of contracting, governance and organizational form withinorganizations.• Use technology and information resources to research issues in managerial economics andglobalization.• Write clearly and concisely about managerial economics and globalization using proper writingmechanics.
