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(Barriers to Entry) Explain how economies of scale can be a barrier to entry.
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- 29- In what step of the selling process, the salesperson will spend a considerable amount of time. a. Scanning the sales leads b. The sales meeting c. Closing the sale d. Handling objections6-It is illegal and unethical to download and install a pirated copy of Microsoft Office on your own laptop. Select one : True O False16-5. Your pharmaceutical firm is seeking to open up new international markets by partnering with various distributors. The different distribution within a country are stronger with different market segments (hospitals, retail pharmacies, etc.) but also have substantial overlap. A. In Egypt, you calculate that the annual value created by one distributor is $60 millions per year, but would be $80 millions if two distributors carried your product line. How much of the value can you expect to capture? B. Argentina also has two distributors with values similar to those in Egypt, but both are run by the government. How does this affect the amount you could capture? C. In Argentina a, if you do not reach an agreement with the government distributors, you can set up a less efficient Internet-based distribution system that would generate $20 million in value to you. How does tis affect the amount you could capture?
- 14. Question 14 options: An entity formed between two or more parties to undertake economic activity together is known as --------------P2: The government is considering whether to build barriers along a river that would reduce the risk of flooding for the citizens living by the river. Three citizens: Alan, Brad, and Carlos, will vote yes or no on the project. If the majority votes yes, the barriers will be built, but if the majority votes no the project will not go ahead. Suppose the total cost of the project is $1,500, so if the project is undertaken everyone will end up paying $500. The following sets of numbers represent the three citizens' private willingness to pay (how much utility they would get from the barrier, expressed in terms of dollars), in three different scenarios. a) Alan: $400, Brad: $600, Carlos:13. Which ones correct
- Only typed answer 1. Why do oligopolies exist? A. A small number of firms have established barriers to entry using economies of scale, patents, and sheer size to prevent other firms from challenging them. B. The oligopolistic firms are created, run, and supported by the government. C. The members of an oligopolistic market are producing in the upward sloping range of their long run average cost curves.18-The nation that must be credited with raising worldwide quality to a new level of competitiveness is a.The British B.the Japanese C.The American D.The German1.Microsoft is one of the leading software companies. Prior to 2000, Microsoft’s share of the market for personal computer operating systems stood above 80 per cent. However, since the twenty-first century Microsoft’s market share has steadily declined to 40 per cent. This is due to the rise in competing software producers such as Apple macOS (10%), Google's Android OS (35%), Linux Operating System (35%), and Apple iOS (5%). The market share of each company is provided in parentheses. Google and Linux have decided that it would be in their best interest to work together to serve the market. This is not common knowledge to the person’s outside of the companies. i. Draw how equilibrium price and quantity are determined in this industry. Hi does this refer to the monopoly market structure diagrams? 2. Allsmart’s demand curve is given by Q=10-P for its dishwashers. The marginal and average cost is $3 per dishwasher produced. Complete the following table. Photo below concerns…
- 17- There is freedom of choice for the consumers in United States of America. Identify which type of economic system this country has. a. Command economy b. None of these c. Capitalist economy d. Mixed economy30) A conglomerate multinational is one that A) produces various stages of production in different countries. B) one which exports more than 50% of output. C) produces the same product in more then one country. D) produces different products in different countries60B- What is the Nash equilibrium for this game and identify the profit each player gets at this solution 5 m