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- Figure: Insulin Prices Suppose a major insulin manufacturer sells in two markets, the U.S.A. and Mexico. If the marginal cost is the same in both markets, to maximize profits, it would charge _______ in the U.S.A. and _________ in Mexico. Group of answer choices $3700, $600 $50, $50 $3650, $550 $600, 3700true or false: a horizontal merger will not be allowed to proceed if it does not create savings in marginal costs, because the total surplus will fall as a result of the merger Please do fast ASAPWhich 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.
- Self-interest and things that benefit companies in a business sense do not always align. That is to say, I can have a completely different view of an ethical dilemma from a personal standpoint but still manage to reach an agreement from a business perspective. A large part of this has to do with the simple fact that I am not at the center of everyone's world. More than I, or even a small few, will be affected. At the same time, people aren't the only ones at play. I would have to be aware of not just the consumers and the workers, but also things like the company's reputation and what we may gain as a result of the action taking place. I am a huge supporter of the utilitarian approach to most things but that isn't always an option. Sometimes what is good for the majority does far too much damage to the minority to be overlooked. So even though I support such a theory there is a good chance that I would go with the theory surrounding consequences. This means that if the act is good, the…Select one (1) of the market structures and identify two (2) products (not companies) that can be found in those structures. and justify the answer with a minimum, in one (1) paragraph of 5 to 6 sentences. Abounds in product featuresWhat would full marginal-cost pricing of water lead to? Group of answer choices A. more water use and higher water prices. B. less water use and higher water prices C. less water use and lower water prices D. less water use but no change in water prices
- Adani Shantigram is a picturesque township on Ahmedabad-Gandhinagarhighway. The statement ‘The Good quality life’ shows the commitment ofthe developer towards ensuring that the residents enjoy all the amenitiesand services in the township at least cost and inconvenience. In order toensure competitive outcome, ATRICO (Adani Real Estate Arm) hasensured that for all the important services, many service providers arepresent, so that none of them can charge a high monopoly price from theresidents. Therefore, there are 4 milk parlours, 4 laundromats, 4photocopiers, 4 beauty saloons and 4 grocers in the township. Thisnumber ‘4’ has been decided in a high level meeting, where this wasdiscussed that having less than 4 will result in duopoly/tight oligopoly,and having more than 4 will require more space and therefore notpreferred.Last month, the ladies in ‘Water Lily’ complained that the prices chargedby beauty saloons in the township are very high. In order to address thecomplaints, details…TYPE OF COMPETITION PRODUCTS 1. Perfect 2. Monopolistic 3. Oligopoly 4. Monopoly Provide at least five example products for every type of competition. (direct answer please, no need long explanation)A. Illustrate and label graph of imperfect competition in movie theatre with detailed explanation B. Illustrate and label graph of economies of scale for movie theatres with detailed explanation
- RH Anderson the founder of interface how Is trying rewards to improve sustainability performance a form of strategic control1. Problems and Applications Q1 A publisher faces the following demand schedule for the next novel from one of its popular authors. Price Quantity Demanded (Dollars) (Copies) 100 0 90 100,000 80 200,000 70 300,000 60 400,000 50 500,000 40 600,000 30 700,000 20 800,000 10 900,000 0 1,000,000 The author is paid $2 million to write the novel, and the marginal cost of publishing the novel is a constant $10 per copy.4.7. Price competition with search costs. Twenty-five different stores sell the same product in a given area to a population of 2,000 consumers. Consumers are equally likely to first visit any of the 25 stores. Half of the consumers have no search costs and purchase at the lowest price so long as it is lower than $45. The other half is willing to buy one unit of the product up to a maximum of $70 and must incur a cost of $44 in order to find out about the prices charged by other stores. Each store can sell up to 90 units and has a unit cost of $25. (a) Show that, in equilibrium, there exist at most two different prices. (b) Show that, if there exist two different equilibrium prices, then the higher price must be 70. (c) Show that the following is an equilibrium:five firms set a price of 70 and the remaining 20 firms set a price of 45.