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The strategies adopted by country to tackle COVID 19 (Hint: you can explain suppression strategies, lockdowns, social distancing etc)
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- Compare and contrast one (1) of the following in 70 to 100 words . Be sure your writing shows that you understand the definitions of the two things you are comparing . a . Commoditization vs. DecommoditizationHow does one measure competition in an industry? Can concentration be used as a proxy? What does SCP say about high levels of concentration and low levels of concentration?Explain commoditization ad feature of capitalism.
- Give at least five examples of hemogeneous products and their substituteGive typing answer with explanation and conclusion Demands for regulation of advertising _____ is a trend appearing in both industrialized and developing countries of medicines of alcohol of tobacco aimed at teenagers aimed at children"Since the occurrence of COVID-19 health crisis in Gaza in early 2020, severalexternalities existed during the partial, and complete economic lockdown."Answer the following questions: b. Give an example on an externality (domestic or international) that occurredduring COVID-19 economic crisis.
- 1. You are the coordinator of a nonprofit that distributes donated items to three local homeless shelters and want to figure out a way of distributing the donated items to the shelters who need it the most. Which of the following would most likely achieve your goal? Select the correct answer a. Send all the donations to the shelter that has the least. b. Divide the donations evenly among the three shelters. c. Ask shelters to submit their requests, and decide what to send where based on their answers. d. Offer each shelter a virtual "budget" and have them bid on different items. 1.1 Which of these best represent a planned approach and which best represent a market approach? Divide the answer into two groups (planned and Market approach) a. send all the donations to the sheller that has the least b. ask sellers to submit their request and decide what to send where based on their answers c. divide the donations evenly among the three shellers d. offer each sheller a…Barney is a game designer but being old fashioned, he restricts his passion to creating board games. His latest game, Rubble Trouble, requires players to overcome various obstacles as they make their way around the board. Barney is concerned that others may copy his game. Based on your reading of the Business Law Textbook. Barney is best advised to protect his game by: Select one: a. Applying for a patent so that he is granted a monopoly over selling his game for 20 years. b. Registering his copyright, as copyright will protect his game for 50 years. Unless he registers his copyright, Barney will not be able to prevent others from copying his game. c. Registering a trademark. The trademark will prevent others from copying the game for 15 years, but trademarks are not renewable. d. Registering an industrial design, so that others will be prevented from creating board games of the same dimension and size.In some industries, securing the adoption of an industry standard that is favourable to one’s own product is an enormous advantage. It can involve marketing efforts that grow more productive the larger the product’s market share. Microsoft’s Windows is an excellent example.2 The more customers adopt Windows, the more applications are introduced by independent software developers, and the more applications that are introduced the greater the chance for further adoptions. With other products the market can quickly exhibit diminishing returns to promotional expenditure, as it becomes saturated. However, with the adoption of new industry standards, or a new technology, increasing returns can persist.3 Microsoft is therefore willing to spend huge amounts on promotion and marketing to gain this advantage and dominate the industry. Many would claim that this is a restrictive practice, and that this has justified the recent anti-trust suit against the company. The competitive aspects of this…
- The pie chart to the right illustrates hypothetical data for the market share for the United States automobile market. The percentage of the U.S. market that U.S. auto firms control is nothing%. (Enter your response as an integer.) The image is a pie chart labeled U.S. Automobile Industry Market Share. The pie chart shows the market share of the United States, Japan, Europe, and Korea in the U.S. automobile industry. The market share of the United States is 45%. The market share of Japan is 30%. The market share of Europe is 15%. The market share of Korea is 10%. U.S. Automobile Industry Market Share U.S. 45%Japanese 30%European 15%Korean 10%Imagine an Island a short distance off the east coast of a country. This island is called Onus, and it has a population of about 500 residents. Their only way to the mainland is by the ONE ferry boat that runs between Onus and the mainland (the ferry operates as a monopoly). Similarly, a short distance off the west coast of the same country is another island, Yuri, with a similar population of about 500 residents. Yuri, however, is a tourist attraction. There are MANY ferry boats running between Yuri and the mainland (each ferry operating in this perfectly competitive market). Each Yuri ferry operator provides service to both the tourists and to the 500 west coast island residents. Using the information that you learned in Chapter 13 of the text, answer the following questions by comparing and contrasting the differences between the monopoly market in Onus and the perfectly competitive market in Yuri. 1. Both the Onus ferry operator in the monopoly market and each of the Yuri ferry…Ee.81. Modern capitalism required manufacturers to develop brand names so that consumers could focus their attention on a clearly identified item. this process was labeled _____