Using a suitable diagram‚ predict what is likely to happen to efficiency hen a competitive industry is monopolised? The normal answer is likely to arrive at the conclusion that under monopoly the industry will produce a lower output at a higher price as compared to perfect competition. This will result in a loss of technical/productive and allocative efficiency. Good candidates might also comment on the loss of consumer welfare and sovereignty. The candidate who‚ in addition‚ comments on the possibility
Free Economics Perfect competition Monopoly
Suitcase Industry Analysis Nowadays‚ many people like traveling. When they travel to other cities or other countries‚ they must bring their luggage. They put their cloth‚ shoes‚ cosmetic‚ charges and a lot of things that you can imagine into their luggage. So‚ luggage has become the most important thing in our traveling. From wooden luggage to cortical luggage‚ from ancient to modern‚ from president to common people‚ they all need luggage. More and more Chinese luggage companies become OEM. They
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Industry Competitive Analysis Wimm-Bill-Dann was found in 1992‚ Wimm Bill Dann is one of the largest dairy products companies in the European country‚ its headquarter is in Moscow‚ Russia. Wimm Bill Dann produces dairy products‚ such as milk‚ yogurt‚ fruit juices‚ and baby food. Currently‚ WBD has over 30 production sites in different cities; WBD also owns the subsidiary company in other countries. PepsiCo purchased 66% of Wimm Bill Dann for 3.8 billion in 2010‚ it was one of the largest purchase
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Abuse and neglect amongst the elderly population is considered a social issue due to the fact that the elderly endure a lot of complications as they age. “Growing old means the deterioration of physical and mental mechanisms that are necessary for effective performances in society” ( Smith-Ruiz‚1985‚ pg. 353). As time passes‚ elders require more assistance but all assistance is not the most beneficial for them resulting in harm or mistreatment. There is a wide range of abuse involving emotional abuse
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REPORT ON ANALYSIS OF COFFEE INDUSTRY INTRODUCTION Food and Beverage industry of India have been booming for last 10 years as compared to other developed nations. Food industry includes both packaged and unpackaged as well as beverages either alcoholic or non-alcoholic drinks. Being a producer of coffee‚ India consumes 75% of coffee and exports the remaining. At present‚ India accounts for 16.3% of South Asia food retail industry. According to the research‚ Indian food retail industry is estimated
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“Two Ways a Woman Can Get Hurt: Advertising And Violence” Can advertisements really cause violence in people’s lives? Jean Kilbourne’s “Two ways a Woman Can Get Hurt: Advertising and Violence” talks about how advertising and violence against women can cause women to be seen as objects. The author discusses how pornography has developed and is now part of social media‚ which glorifies violence that permeates society and encourages men to act towards women without respect. Kilbourne uses logical and
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Jim Rogers Sees 100% Chance of Recession Times are changing. Since when does Jim Rogers like the U.S. dollar? For those of you who aren’t familiar with Rogers‚ he is a former business partner of George Soros‚ as well as a long-term commodity bull. If Rogers is correct about the U.S. dollar appreciating‚ then commodities will take a further hit. This will not be a positive for emerging markets. It will have the biggest impact on emerging markets‚ including Brazil‚ Russia‚ India and China. If that
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1. When Annie Dillard says “I’ll do it in the evenings‚ after skiing‚ or on the way home from the bank…” she is referring to writing‚ and how writing is something that you have to take on completely and make it your whole life. 2. The most climactic event of Dillard’s narrative is when the female moth goes into the flame of the candle and her body is shriveling and crumbling away. She connects it with what she sees in the bathroom because the hollow body of the female moth didn’t crumble and became
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Firm Reputation and Horizontal Integration∗ Hongbin Cai† Ichiro Obara‡ March 14‚ 2008. Abstract We study effects of horizontal integration on firm reputation. In an environment where customers observe only imperfect signals about firms’ effort/quality choices‚ firms cannot maintain good reputation and earn quality premium forever. Even when firms choose high quality‚ there is always a possibility that a bad signal is observed. Thus‚ firms must give up their quality premium‚ at least temporarily
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[pic] Apple‚ Inc. Team Industry Analysis TABLE OF CONTENTS 1. Introduction & Mission Statement. a. Description of overall operating activities b. Main resources of company 2. Analysis of Actual General Economic Activities a. Sales growth and Income growth b. Competition‚ investment opportunities and regulations 3. Analysis and description of main competitor – Microsoft a. Brief analysis and description 4. Annual Reports
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