See the four statements below: (i) Economies of scale lower total cost of production (ii) Economies of scope give rise to natural monopolies (iii) Diseconomies of scale justify the breakup of conglomerates (iv) The benefits from vertical integration justify hostile takeovers. A. All are correct B. (ii) is correct C. None is correct D (iii) and (iv) are correct Give explanations
Q: Discuss the effects of horizontal mergers on: i) merging firms; ii) non-merging firms; and iii)…
A: When a company merges, there are a variety of motivations for doing so. Creating a new firm is the…
Q: Which of the following describes most businesses in the United States? Partnerships Corporations…
A: There are different types of businesses based on the number of people working or handling the…
Q: Industry in the Late Nineteenth Century Business mergers Passage of the Interlocking directorates…
A: Government acts are the command and law which are made in order to protect the people of the country…
Q: Suppose a monopoly is producing at its profit-maximising (loss-minimizing) quantity, and the price…
A: Option (C) is correct. It means that the monopolist firm will keep producing both in the short run…
Q: Anti-combine, or anti-trust, laws Part 2 A. make it easier for businesses to combine to form…
A: Monopolies are sometimes created by firms in the industries to control the market output. This…
Q: The shape of the long run average cost curve, which is "U" shaped and initially decreases because of…
A: An industry is a Natural monopoly when a single firm can supply a good or service to the entire…
Q: Select one (1) of the market structures and identify two (2) products (not companies) that can be…
A: The market structure is a monopoly In Monopoly Single sellers and many buyers: Because there is a…
Q: Which of the following factors would make it more DIFFICULT for a seller in the market for coffee to…
A: The oligopolist produces a total quantity greater than the monopoly quantity and charge a lower…
Q: This is a business structure organized to control production of reach member to command higher…
A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Using suitable and relevant examples of organisations with which you are familiar compare and…
A: Market structures relate to the many market factors that define relationships between sellers and…
Q: Describe how a social venture might be more economically profitable than a for-profit company.…
A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: The South American cocaine industry consists of several “families” that obtain the raw material,…
A: The main objective of any business is to maximize its profit. A business maximizes its profit by…
Q: In order from highest to lowest (1 being highest, 3 being lowest), order the quantity of goods…
A: In case of Monpoly there is a single seller who controls the entire market. There are strict…
Q: Question 33 Describe the characteristics of the four market structures (Commutative, Monopolistic…
A: In economics, market structure refers to how various sectors are classed and distinguished depending…
Q: With specific examples (of industries) discuss at 2 factors against monopolies in the USA
A: A monopoly is a business that is the solitary supplier of a decent or administration, giving it a…
Q: If two construction companies merge, this is called a ________ merger, whereas if a bakery merges…
A: When two companies in same industry merge, it is called horizontal merger. Whereas if two business…
Q: QUESTION 3 Another solution for antibiotic resistance is the development of new drugs that defeat…
A: The following problem has been solved as follows:
Q: For the following statement given below, indicate whether you tend to agree, disagree, or are…
A: Monopoly market: Monopoly market refers to the market where a single seller enjoys the largest…
Q: According to para 3 of article 12 of TCC a person who pretends that he/she runs a commercial…
A: According to para 3 of article 12 of the TCC, if a person pretends to be a shareholder or part of a…
Q: See Part A and B, below related to the silicon computer chip market. Part A: You are an analyst at…
A: The top notch contenders show measurements like Higher edge, deals, representative development rate…
Q: Assuming that the road sector has four large suppliers namely; Dhofar Logistic, Salalah Logistic,…
A: In the Road sector, only four firms show that these four firms have a maturity of market share. and…
Q: Question 7 According to the Boston Consulting Group approach, provides a measure of market…
A: The Group of Boston Consulting product portfolio matrix is being designed in order to help with…
Q: Oligopoly Perfect Competition Monopolistic Competition (1.b) For EACH of the three market…
A: Market structure is a study of competitiveness of the firms or industry. The markets are categorised…
Q: Market Structure and Market Power - End of Chapter Problem Indicate which market structure most…
A: 1)Wide body civilian aircraft manufacturing industry Monopoly 2)The market for smartphones…
Q: (P-ATC)*Q} and ATC-P*Q how are these two equations different and which one to use in profit…
A: The main objective of every firm in the market is to maximize their profits. Profits attract new…
Q: QUESTION 1 Match each of the terms to their description: Market Structure A. many firms sell…
A: Firms produces at the output level where MC=MR in order to maximize profit.
Q: 1) Identify five recent economic, social, political, or technological trends that significantly…
A: We will be taking the example of McDonald's in the economy of Bangladesh.
Q: How strategic value and operational outcomes are measured? Explain both with the help of appropriate…
A: The method of choosing an organization's priorities, deciding the strategies and strategic programs…
Q: (Use for Questions 4-6): The Ulysses Corporation and the Xenophon Company level of advertising in…
A: Yes, there is a Nash equilibrium.
Q: Question 1 Which view regarding oligopolies argues that oligopolies should not be broken up because…
A: An oligopoly refers to a market structure in which there are few firms interdependent on each other…
Q: Match each concept with its corresponding definition:- Pure and perfect competition. Imperfect…
A: Economics is a social science which deals with the management of households and enables the balance…
Q: Economies of scale are the defining characteristic for which of the following? * perfect competition…
A: The answer is Option c - natural monopoly
Q: 1.In differentiated oligopoly,the elasticity of individual market demand is smaller than in the case…
A: Note- Since you have posted multiple independent questions in the same request we will solve the…
Q: The market structure which needs a very huge amount of capitalization because it needs to construct…
A: Oligopoly is a market structure with few firms, none of which can hold the others back from having a…
Q: Merger between a firm that provides a consumption good and its raw material supplier Market sharing…
A: Market: The exchange of products and services that occurs as a consequence of buyers and sellers…
Q: Market Structure Perfect Monopolistic Competition Characteristic Competition Oligopoly Duopoly…
A: In economics, people study about different forms of the market based on the different features that…
Q: The two types of market structures that are imperfectly competitive are: Question 29 options: a…
A: Market structure- It is the nature and degree of competition in the market for goods and services.
Q: (Use for Questions 4-6): The Ulysses Corporation and the Xenophon Company are the only producers of…
A: The payoff matrix shows the different level of profit earn by different firms from every combination…
See the four statements below:
(i) Economies of scale lower total cost of production
(ii) Economies of scope give rise to natural
(iii) Diseconomies of scale justify the breakup of conglomerates
(iv) The benefits from vertical integration justify hostile takeovers.
A. All are correct
B. (ii) is correct
C. None is correct
D (iii) and (iv) are correct
Give explanations
Step by step
Solved in 2 steps
- Swanson innovations, a small research and developments firm produces 16.5 times as many patents per employee as large fires. Which strategy for competitive advantage is the entrepreneur demonstrating? a. integrity and responsibility b. customer focus c. quality performance d. innovation e. niche market Typed and correct answer please. I ll rateWhat type of growth would the merger of Asda and Sainsbury? a. Horizontal expansion. b. Horizontal integration. c. Vertical integration. d. Horizontal alliance. e. Conglomerate merger.Which legal school of thought is illustrated in this dialogue? DONUT DAY AT THE OFFICE Part 4 Lee: Right. Inflexible rules, applied the same way every time and in every situation, are just a sign of corporate insanity. This is a company that knows how to adapt and make smart decisions based on the circumstances at hand. Remember when we found out that Allied Chemical hair gel accelerated hair growth at twice the industry standard . . . just before the hair would fall out? Remember what happened to Winfred after he tested out the stuff for us? Remember how happy Allied Chemical was with us when we figured how to market their goop anyway? The rules are made to help us, the best of the best, get what we want. We are the "enlightened" of the break room, and the rules are meant to help US get what WE want. End Part 4 Irrational forces perspective. Sociological school of thought. Legal realism school of thought. Critical Legal Studies school of thought.
- I need full explanation 1. Considering all four market structures, which of the following occurs only in an oligopoly? a. A downward sloping market demand curve. b. A downward sloping demand curve for the individual firm. c. Interdependence and strategic behavior. d. A differentiated product. e. A standardized product. 2. A monopolistic competitor engages in advertising to a. Provide information about its good or product. b. Differentiate its product from those if its rivals. c. Increase the demand for its good or service. d. All of the above. 3. Which of the following advertisements provides information to the consumer? a. “CarbChips have half the carbohydrates of regular potato chips”. b. “The Taj Mahal restaurant is like a trip to India”. c. “Brain-power Books – just think it!” d. “Avion Airlines wants to take you higher”. 4. Firms in an Oligopoly produce a quantity of output that is less than the level produced by a perfectly competitive market and charge a price that is greater…1. Based on the best available econometric forecasts, market elasticity demand for your company's products is -2.5. Marginal cost to produce product is constant at $ 140. Determine the optimal price per unit, if: a.You are a monopolist. b.You compete with one another in the Cournot oligopoly. c.You are competing with 9 other companies in the Cournot oligopoly. 2. The water pump company has succeeded in introducing a water pump that saves electricity, is easy to install, and is durable (guaranteed). Its high quality has given the company an early edge in the local and national markets, but the entry of highly skilled competitors may occur within the next 3 years. Assume that the income and expense relationship of the company is as follows: TR = 22000Q - 15.6Q2 MR = dTR / dQ = 22000 - 31.2Q TC = 300000 + 4640Q + 10Q2 MC = dTC / dQ = 4640 + 20Q Where TR is income (in thousands of rupiah), Q is quantity (in units), MR is marginal income (in thousands of rupiah), TC is total cost,…Which type of business accounts for the majority of sales revenue in the United States? Partnership Corporation Proprietorship Business structures in which ovwnership and management are separate, as with corporations, are subject to principal-agent problems. Which of the folloving may help reduce such problems and promote cost efficiency? Check all that apply. O Threat of a takeover O Loyal customers who will buy the firm's products unconditionally Profit-sharing agreements with managers
- Question 3: a. Explain the difference between and the economic relevance of fixed costs, sunk costs, variable costs, and marginal costs by using specific examples from everyday administrative activities. b. By using specific product markets briefly discuss the significant difference among the following market structures: (i) perfect competition, (ii) monopoly, (iii) monopolistic competition, and (iv) oligopoly. c. Why are externalities, public goods, and information asymmetry major problems in the market? Discuss.J Copyright © McGraw-Hill Education. Permission is granted to reproduce for classroom use. NAME DATE CLASS Math Practice for Economics Comparing Prices among Competitors networks Background information: The candy industry in the United States could be defined as an oligopoly because just three companies make 99.4% of snack size chocolates. The big three companies are Hershey's, Mars, and Nestle. All three companies use much of the same ingredients, so how do they compete against one another? This is primarily done through price. Directions: The two tables below show what a snack size chocolate costs from the various candy makers, big and small. Read the table below. Then, answer the following questions using the information in the table. 110 ct bag $18.12 = 16 cents each Walmart Amazon Hershey's 215 ct. bag $13.88 = 6 cents each 100 ct. bag $12.81 = 13 cents each Mars 230 ct. bag $13.88 = 6 cents each Nestle 70 ct. bag $8.98 = 13 cents each 55 pc. Bag $17.96 = 33 cents each Candy…Match each concept with its corresponding definition:- Pure and perfect competition. Imperfect competition. The monopoly. The oligopoly. Monopolistic competition. Barriers to entry into an industry. A. All restrictions that do not allow the company to produce a certain type of production. B. A type of market where several companies sell a standardized or differentiated product with limited ability to control prices, having high barriers to enter the market and considerable restrictions on access to the economic information. C. A type of market where many companies produce and sell standardized products, there are no barriers to entry into the industry, one has free access to economic information and none of these companies is powerful to influence (increase or decrease) the market price. D. A type of market in which there are one, several or a considerable number of companies in the industry that control the price level in a certain way; on the other hand, there are barriers to entry…
- cc4. a)What is the largest number of thingamabobs that can be produced and sold for Yaster Inc. to break even? thingamabobs. Round to the nearest thingamabob. b)How many thingamabobs should Yaster Inc. produce and sell in order to maximize profit? thingamabobs. Round to the nearest thingamabobs.E5 Anti-combine, or anti-trust, laws Part 2 A. make it easier for businesses to combine to form monopolies or near monopolies. B. make it illegal for businesses to communicate about fixing prices. C. encourage collusion among businesses to raise prices or restrict supplies to customers. D. drive price−fixing agreements into the open.3 1. Describe the bidding process by which the electricity generation sector provides electricity to pooling and balancing authorities. Additionally, show this process by building an electricity supply curve. a. What antitrust and regulation concerns are present at the wholesale stage of the electricity market? b. Describe a market design that reduces market manipulation in wholesale electricity markets. Show that the Nash equilibrium under this market design will result in generators bidding their true marginal cost of production. c. Describe a vertically integrated industry as it pertains to the electricity sector. d. Describe non-linear (two part) pricing as it pertains to retail electricity sales. What is the purpose of this pricing system?
