1. Demand Curve for Oligopolistic Market. Above the kink‚ demand is relatively elastic because all other firms’ prices remain unchanged. Below the kink‚ demand is relatively inelastic because all other firms will introduce a similar price cut‚ eventually leading to a price war. Therefore‚ the best option for the oligopolist is to produce at point E which is the equilibrium point and the kink point. This is a theoretical model proposed in 1947‚ which has failed to receive conclusive evidence for
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Antitrust Practices and Market Power Melissa Carey Melissa_C06@hotmail.com Content Introduction………………………………………………………………………….........page 2 Investigation ……………………………….………………….………………………… page 2 Costs and Antitrust Act……………………………….………………….……………….page 2-3 Monopolies Bad for Society…………………………………………………………....... page 3-4 Conclusion………………………………………………………………………….......... page 4 References……………………………………………………………………………...... page 5 Antitrust Practices and Market Power Introduction This
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image c. d. Brand equity e. Brand loyalty The Nike swoosh‚ McDonald’s golden arches‚ and Apple’s rainbow apple are all examples of: a. non-word marks b. brand extensions c. brand symbols global brands d. e. both a and c British entrepreneur Richard Branson has built a global business empire by: a. relying on brand extension b. being the first to use smart cards in major markets c. developing local brands d. avoiding consumer businesses with established leaders Maslow’s hierarchy is applicable to
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Financial Markets Introduction 1 Financial Markets & Flow of Funds Financial Markets M k t Lenders Households Firms Governments Foreigners Borrowers Households Firms Governments Foreigners Financial Institutions Note that lenders are suppliers of funds (surplus units) while borrowers are demanders/users of funds (deficit units) 2 1 Flow of Funds Financial institutions perform the essential function of channeling funds from surplus units to deficit units. Agents (e.g. brokers)
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MONEY MARKET The money market is a component of the financial markets for assets involved in short-term borrowing and lending with original maturities of one year or shorter time frames. Trading in the money markets involves Treasury bills‚ commercial paper‚ bankers’ acceptances‚ certificates of deposit‚ federal funds‚ and short-lived mortgage- and asset-backed securities. It provides liquidity funding for the global financial system. Money markets and capital markets are parts of financial
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Tutorial/Feedback Answers Topic 1 Introduction to financial markets ------------------------------------------------- Essay questions 1. Direct finance: Surplus economic units lend their funds “direct” to deficit economic units which are the ultimate borrowers. Financial institutions may facilitate this process by providing financial services in return for fees and commissions. The financial assets issued by the deficit units are held by the surplus units. Indirect finance: Surplus
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How do businesses and transactions work? Worldwide‚ transactions between people‚ or between two businesses are made through the intermediates. Everywhere we look and everything we do‚ implies business. No matter how big or how small‚ they way we do business is very important. With the arose of technology‚ new‚ easier‚ and faster ways of making business have been created. The blockchain and cryptography are the basis of what is now known as cryptocurrency‚ which is basically digital money. This new
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Chapter 3 1. Identify whether your company has a competitive advantage or disadvantage in its primary industry. (Its primary industry is the one in which it has the most sales.) The competitive advantage which Audi has is technology; Audi is regarded as a pioneer in the development of LED technology and leads the competition by a large margin in this field. FSI and TFSI are Audi’s innovative‚ high performance petrol engines and TDI is Audi’s super-efficient diesel engine‚ more power‚ less fuel
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Wal-Mart Market Analysis Wal-Mart is the second largest company in the world. Its focus is on mass merchandising as opposed to specialty merchandising. The idea behind mass merchandising is to offer products and services in one convenient store to better manage a consumer’s time. An example of how Wal-Mart mass merchandisers is by offering a multitude of products and services within one convenient store. They sell sporting goods‚ electronics‚ housing needs‚ clothing‚ groceries‚ consumables‚ and
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presence in the internet market. Their shareholders are predominately internal making any external influence to the company improbable. Google employees are carefully selected and generally consist of newly graduated software geniuses; recently the media has criticized Google for the majority of their employees being Caucasian and Asian males. Google Inc. has a responsibility to manage its operations to maximize shareholders profits‚ but how well does it treat the other four primary stakeholders: the government
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