Chapter 10 (Tentative Due Date: by November 1) Question 2: Discuss the major barriers to entry into an industry. Explain how each barrier can foster either monopoly or oligopoly. Which barriers‚ if any‚ do you feel give rise to monopoly that is socially justifiable? LO1 The major barriers to entry in an industry are economies of scale‚ legal barriers such as patents & licenses and other strategic or pricing barriers. Economies of scale occur only in large firms who are able to reach a minimum
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was both fair and unfair on the German population depending on the aspect that is looked at‚ for example‚ it implied very harsh conditions upon the German populations but at the same time it was an equivalent to what they’ve done to deserve it. In this essay I will explain how the treaty was both fair and unfair. The fair clauses of the treaty include war guilt and disarmament‚ whilst the unfair clauses include territorial clauses and reparations. The war guilt clause was a reasonably fair clause
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This world is not without problems. Many forms of problems are a part of the human life in this world. One of the considerable forms of problems are addictions; more specifically‚ video game addiction. This addiction is one of the growing worries among children and adults. There is now a new method of treatment called video game detox. There is one treatment centre in Amsterdam which employs this method to their subjects. They are forced to quit gaming cold turkey. They start on this treatment
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Mid-September is when I was told I was going to be a father and nine months later on May 5 is when my life took a dramatic turn and I realized my life is going to be different. It was very difficult after his first birthday because his mom started going out‚ partying‚ and got caught up in bad stuff so I filed for full custody. A one night stand turned into a miracle for me. The difficulty of being a father and boyfriend results with expenses and responsibility. First‚ every day I have to buy meals
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is compensation‚ (The Increasing Call for Work-Life Balance‚ 2009). Not only must wages be set high enough to motivate and attract good talent‚ they must also be equitable—that is‚ the wage must accurately reflect the value of the labor performed. Fair and equitable compensation is a crucial factor in the success of an organization. It is important because it is a tool that is used to recruit‚ maintain‚ and motivate their employees to contribute to the organization’s success. As discussed‚ equity
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A Description of a City Shower By Jonathan Swift Careful observers may foretell the hour (By sure prognostics) when to dread a shower: While rain depends‚ the pensive cat gives o’er Her frolics‚ and pursues her tail no more. Returning home at night‚ you’ll find the sink Strike your offended sense with double stink. If you be wise‚ then go not far to dine; You’ll spend in coach hire more than save in wine. A coming shower your shooting corns presage‚ Old achès throb‚ your hollow
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While auditing my client‚ I found that the price the company has been paying for their widgets doubled in a year’s time. In addition‚ they are now being purchased entirely from a new vendor. After I check the fair market price for these widgets‚ however‚ it appears that they are only worth half of what the company is paying. This is one of the red flags for fraud. As an auditor it is my job to ensure to the best of my ability that the financial statements are not materially misstated due to fraud
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Write a 450 words essay on Holi festival Holi is known as a festival of colours‚ fun and frolic. It is a festival of the Hindus. It usually comes in March. It is celebrated with gaiety in North India. Of late the South is also catching up with the North in celebrating this festival of colours. There are different stories about the importance of the festival. It is said that at one stage a demon by name Tarakasura conquered all ’Lokas or worlds’ including heaven and was teasing the ’Devas’.
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LifDilpreet Phangureh English 2c Period 3 August 28th‚ 2012 Life Is Not Fair! Once a man called by the name of Bill Gates‚ creator of Microsoft‚ stated 11 rules at a high school that students will never learn in school. One of the rules that I have had experience with is rule number one‚ “Life is not fair”. I could not agree with this quote any more! The bigger picture behind this quote is that life is not what you expect of it. People make life unfair by making or throwing a fit of the challenges
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Fair Trading Act 1986 1. The Fair Trading Act exists to promote fair competition and in this way it contributes to the economic wellbeing of all New Zealanders. It prohibits certain conduct in trade‚ provides for the disclosure of consumer information relating to the supply of goods and services and promotes product safety. Protects consumers from being mislead or being treated unfairly by traders or shops. It also sets out when information about certain products must be disclosed to consumers
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