9/27/13 ADL 04 Managerial Economics AM3 ADL-04-Managerial Economics-AM3 Assignment - A Question 1. Distinguish between the following: (i) Industry demand and Firm (Company) demand‚ (ii) Short-run demand and Long run demand‚ and (iii) Durable goods’ demand and Non-durable goods demand. Question 2. What are the problems faced in determining the demand for a durable good? Illustrate with example of demand for households refrigerator or television set. Question 3. Analyse the method by
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QNO:1-Discuss the nature of the market structure and demand for the Dreamliner. what are the implications of this for Boeing and its customers? Ans: Dreamliner is an example of duopoly where the only rival it has is France based Airbus. there is no price competition between the firms but the technology and the product enhancement ‚development ‚comfort level ‚customer winning advantage is there that make the Dreamliner again the sales leader by surpassing Airbus by huge orders. Another thing
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Six principles of IT governance Responsibility: Groups and individuals within an organization understand and accept their responsibilities in respect of both supply of‚ and demand for‚ IT. Those with responsibility for actions also have the authority to perform those actions. Strategy: The organization’s business strategy takes into account the current and future capabilities of IT; the strategic plans for IT satisfy the current and ongoing needs of the organization’s business strategy.
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games: best response functions‚ plotting best response functions‚ finding NE‚ mixed strategy NE I Repeated Prisoner’s Dilemma: finite/infinite/unknown repetitions‚ Collusion‚ Grim Strategies‚ Tit-for-Tate I Industrial Organisation 1: Monopoly‚ Cournot‚ Stackelberg‚ Homogeneous/Di↵erentiated Bertrand I Industrial Organisation 2: Product di↵erentiation‚ Ice-cream salesman‚ Linear City pricing game‚ R&D races‚ Rent Seeking 4/9 Course Overview I Asymmetric Information: Cheap Talk‚ Adverse Selection
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Airline deregulation is the process of removing restrictions on airlines affecting‚ in particular‚ which carriers are permitted to serve particular routes. As with other forms of deregulation‚ the terminology is sometimes criticised‚ since new forms of regulation are commonly developed to deal with problems such as the allocation of the limited number of slots available at airports. Airline services were historically heavily regulated‚ in part because of concerns about monopoly and oligopoly arising
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Now‚ just over a year later‚ he is in jail after being accused of running a criminal organization following the violent death of a left-wing hip-hop artist. Golden Dawn’s emergence as a political force was in part a reaction against the political duopoly that had ruled Greece for decades. But other factors‚ similar to those which have fed the rise of other right-wing movements‚ played into Golden Dawn’s success. Greece‚ the weakest member of the eurozone‚ has suffered harsh austerity measures‚ a
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decide on the best strategy that would maximize the benefits of the merger by leveraging synergies against the potential costs and risks. Following the recommendation of the IT Governance Institute‚ newly merged company should establish effective duopoly IT governance with special focus on strategic alignment. Executive and department level steering committees consisting of members of both companies should be granted decision rights with respect to strategic direction‚ resource allocation‚ and prioritization
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As 2016 is a presidential election year‚ many people routinely are exposed to the major party candidates. This election season is historic‚ because never have the two major party candidates been so disliked. Unfortunately‚ most Americans will not understand that they can vote for someone other than a Democrat or Republican. The Libertarian Party is the third largest and fastest growing political party in the United States. Due to the disdain of the major parties by large number of the electorate
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Chapter 1 2) E-business is limited to electronic activity conducted over the Internet. – False 3) One of the significant changes in IT governance is the shift to a centralized IS executive decision making process. – True 6) Outsourcing IT services is always a long-term commitment. – False 7) Intellectual capital is a synonym for knowledge. – True 9) Data management has changed over the years to include graphics‚ animation‚ and video. – True 11) Knowledge-based activities are designed
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Chapter 11: Problems 2(a‚ b)‚ 4(a‚ c)‚ and 6 2. Ajax cleaning Products is a medium sized operating in an industry dominated by one large firm Tile King; Ajax produces a multi-headed tunnel wall scrubber that is similar to a model produced by Title King to avoid the possibility of price war. The price charged by Title King is $ 20‚000. Ajax has the following short-run cost curve: TC = 800‚000 - 5‚000Q + 100Q^2 a) Compute the marginal cost curve for Ajax answer: Marginal Cost
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