Chapter 5: Cartels (Collusion) Why Cartels Form Cartels are formed to increase individual profit for the firm. This is accomplished by using the monopoly strategy of decreasing output and increasing price. However‚ there is a free rider problem that can be overcome with a cartel. Any individual firm can decrease output independently in an oligopoly and see prices and profits increase for all firms in the industry – with the larger gains going to the firms that did not change their output.
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calculate the cost of equity (Ke). β (systematic risk) has been calculated using the formula Beta (β) = covariance (market‚ security) Variance (market) Ke=Rf+ β (Rm-Rf) Where‚ Ke=Cost of equity Rf=risk free rate (8.1%) Rm=Market return | SECURITY | MARKET | AVG. RETURN | 0.55 | 0.404 | VARIANCE | 34.5346 | 16.936 | COVARIANCE | 17.49273916 | BETA | 1.032885407 | | | | Annual Return(Rm) | 23.32% | Risk Free Rate(Rf) | 8.10% | | | | CAPM(Ke) | 23.82% | Analysis:
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Term 3 Uniform Circular Motion When a body moves in a circular path with a constant speed‚ it is said to undergo uniform circular motion. Although the speed is constant‚ velocity is continually changing‚ since it is constantly changing its direction of motion. Centripetal V V ac ac Acceleration is directed towards the centre of the circle and is therefore called “centripetal acceleration.” ac =v^2r ac =v^2r If T is the time taken for one revolution then: V = 2πrT ac =v^2r
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into the future and an expected growth rate for the dividend‚ is as follows: P0 = D1 (Ke − g) where Ke is the investors’ required return‚ D1 is next year’s dividend and g is the expected growth rate of the dividend. However‚ since Walmart is being examined‚ and it is safe to consider Walmart in a steady state‚ it makes sense to use a slight variation to this formulation. P0 = E1 × p (Ke − g) g = (1 − p) × Ke where E1 is the earnings 1 year into the future‚ and p is the payout ratio or the percentage
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fees for this transaction are Kes. 75‚000/- per quarter. The client has been routing this business through BBK and through marketing initiative we have managed to entice him to give GAB a try. BBK levy a flat fee of 0.2% of the amount as their fees and the client would like us to at least match this offer and with increased volumes of business we consider lowering the fee ultimately to around 0.15%. The clients A/C’s are well operated and have annual turnovers of Kes. 63M and USD 190K
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Obliq 20 Feb 1988 Saturday 03:15:00 PM Mumbai (Maharashtra)‚ India NC Lahiri 14:36:20 0:34:32 38:40:0 23.44 Avkahada Chakra Lagna Lagna Lord Rashi Rashi Lord Nakshatra Nakshatra Lord Charan Tithi Paya S.S. Yoga Karan Varna Tatwa Vashya Yoni Gana Nadi Nadi Pada Vihaga First Letters Sun Sign Decanate Gemini Mercury Pisces Jupiter U.Bhadra Saturn 4 Chaturthi Shukla Copper Sadhya Vanija Brahmin Akash Jalachar Cow(F) Manushya Madhya Madhya Shikkaval Du‚ Tha‚ Jha Aquarius 1 Ghatak(Malefics) Rashi Months
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Quotation 1: Yes‚ the Führer decided that he would rule the world with words. ‘I will never fire a gun‚’ he devised. ‘I will not have to.’ … His first plan of attack was to plant the words in as many areas of his homeland as possible. He watched them grow‚ until eventually‚ great forests of words had risen throughout Germany … It was a nation of farmed thoughts.” (Zusak 451) Speaker: The speaker of the quotation is Max Vandenburg. Context: In Germany‚ where Hitler rules‚ the Huberman’s have adopted
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check to for the Kinetic energy (KE) equation as the law of energy conversation states that energy may neither be created nor destroyed. Therefore the sum of all the energies in the system is a constant. So the PE when the ball is held at height will be the same as the KE just before the impact with the glass. To calculate the KE use the equation KE = ½mv2 (ii) Using the KE equation from question (i) KE = ½mv2 |u = initial velocity
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falling apart. Following are the problems faced by Fruitvale branch: 1) Turnaround Time (TAT) is too high TAT‚ or the number of days between the receipt of a RUN and the issuance of a final policy‚ is an important indicator of service quality used by originating agents to help customer choose an insurance company. Fruitvale’s average TAT of 6 days for processing a request far exceeded Golden Gate’s guaranteed TAT of 1 day. 2) Large backlog of policies The prime reason is that the computer-generated
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House of Sand and Fog sense of self essay In House of Sand and Fog by Andre Dubus III‚ the author states an epigraph in the beginning of the novel from (“ The Balcony” by Octavio Paz): “Beyond myself/ somewhere/ I wait for my arrival.” This epigraph defines ones sense of self and Behrani‚ Kathy‚ and Lester in House of Sand and Fog all have a sense of self in some way. It may not be clear at first but the author burn’s an image of each character’s personality into the readers head. By the end
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