UNIT IV - PRICING (16 MARKS) 1.EXPLAIN MONOPOLY MARKET WITH PRICING STRUCTURE MONOPOLY Monopoly is the least competitive market structure of all. A pure monopoly is a market with only one producer who produces 100% of the output. Consumers have the least choice in a monopoly market – buy from the monopolist or don’t buy. A monopoly market will have the highest price and the lowest total production of any market structure. The assumptions of monopoly are: One seller: The classic
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How does art influence people? Art‚ whether it’s consumed in a theater‚ museum‚ gallery or store‚ often influences people to become artists and create art themselves. Art can serve as inspiration to awaken the imagination‚ talent and skill hiding in someone. It can unlock your fears and insecurities about creating and push you toward picking up a paintbrush or a camera. Art can ignite the passion to create something of beauty and importance‚ to be included in the community of artists who’ve inspired
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only): Oil palm growers Palm oil processors and traders Consumer goods manufacturers x Retailers Banks and investors Environmental/nature conservation organisations(NGOs) Social/development organisations (NGOs) Operational structure of the organisation: Responsible Contact(s) Primary contact for questions‚ feedback: Name: Address: Telephone: Email: Chris Brown ASDA House Leeds chris.brown@asda.co.uk Senior representative‚ authorising commitments: Person submitting progress report:
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business. Each of the above business segments has its own characteristics in terms of investments revenues potential‚ costs‚ as well as production requirements. The new airline ’s pricing strategy will also set it apart from the pack and will form a key aspect of its overall marketing strategy. Factors to consider before pricing are: (i) Cost factors: - An airline incurs two types of cost of operations‚ Fixed and variable. Fixed costs are that of the Aircraft acquisition‚ Fuel‚ Staff salaries
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The Influence of Society Sophie Kell ENG 3U Mr.Brown Without society we don’t have some form of structure to keep us from overcoming selfishness. In the novel Frankenstein‚ by Mary Shelley and Macbeth by William Shakespeare‚ the obsession for power and knowledge is well brought forth in the characters of the text. In the beginning Macbeth and Victor Frankenstein are well respected. Then‚ the two characters remove themselves from society causing their great obsessions to over-power them‚ in
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major role in influencing Huck’s way of thinking. Huck’s friendship with Jim and Tom greatly influence his way of thinking; while Huck looks up to Tom’s sense of adventure and intelligence‚ Jim’s good nature and steady friendship influence Huck and teach him about morals. Huck sees everything that he is not and everything he does not have in Tom. Huck admires Tom and everything that he has. Not only does Huck envy Tom’s physical character‚ he envies his mental character. He believes Tom is intelligent
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the novel “The Kite Runner‚” by Khaled Hosseini‚ one of the main themes is the influence and importance of the father-son relationship‚ specifically the influence and importance that Amir’s father has on him from his early childhood all throughout his life and into his own experiences as a father. Throughout the novel‚ Baba‚ Amir’s father‚ guides Amir through certain events which are crucial to his coming-of-age‚ and does it in a way in which it is not always clear what his intentions are. Baba takes
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A How does culture influence development? In interaction‚ social experience may serve a dual role by directing children toward an awareness of the mind and its properties. Additionally‚ it provides information as to what factors are important when contemplating the mind of another in the child’s immediate social world. Culture mediates understanding of the world helps ensure that meaning and mental understanding are shared by people who have regular contact. This facilitates coordinated social action
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had both positive and negative effects on people with his cocky attitude‚ “I’m my favorite rapper.” That quote shows how overconfident he is‚ although being valiant it is a good thing‚ too much confidence isn’t good‚ it repels people other than grasping their
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A newborn baby is completely oblivious to how the world works. They can pick up on many things. It is their desire to learn. To learn others they watch others‚ and try to do the same. They are influenced by everything. Even people of greater age are influenced by many factors. Many things can influence someone at any given time. People observe others being influenced in movies‚ books‚ and stories everyday. Phillip Pirrip‚ or Pip as he is commonly known is influenced by three women in his life during
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