Firms with some market power can increase profits by practicing either direct price discrimination or indirect price discrimination. Direct price discrimination arises when the market can be segmented into sub populations on the basis of readily observable characteristics. Each of the segments has a different elasticity of demand and subsequently is charged a different price. Arbitrage must be prevented for this type of discrimination to be applicable. Profits are maximized by equating the marginal
Premium Middle East Elasticity Marginal cost
The Impact of Global Economic Crisis in the Middle East Impact of Global Economic Crisis in Middle East Page 1 Table of Contents Glossary ..................................................................................................................................... 3 Introduction ............................................................................................................................ 4 Background .............................................................
Premium United Arab Emirates Middle East Saudi Arabia
I live in Saudi Arabia‚ people here consume water more than a person needs triple times on world level. Though that my country geographically considered one of driest regions in the world we have two main sources of water: Aquifers. Sea water (desalination). People waste water sometimes without even notice that: while they making ablution‚ washing a car‚ cooking‚ shower…etc. When Government noticed how people consumes water they took Preventive methods to save water‚ such as: Awareness campaigns
Premium Water Riyadh Saudi Arabia
I‚ up to the age of 13 lived in the country of Saudi Arabia. My father went there on a transfer in the 1980’s. My parents gave birth to me in the port city of Jeddah and I attended a British International School during my pre-teen years. I was admitted into the KS3 program. Lack of communication with fellow Saudi Arabians caused me a lot of distress. However‚ as a result I started learning Arabic‚ the national language of Saudi Arabia. Soon‚ I became fluent in the language and could speak
Premium Saudi Arabia Pessimism Optimism
speech was entitled “A Saudi woman who dared to drive”. The speech was delivered sometime in June 2013. It was presented in a worldwide set of conferences referred to as TED (Technology‚ Environment‚ and Design) conference. TED provides live streaming of dialogues and address an extensive array of topics within the practice of science‚ culture and research. The speech was about promoting the rights of women to drive‚ family protection‚ and male protection cancelation in Saudi Arabia. The speech intended
Premium Human rights Saudi Arabia Arabian Peninsula
a high technology in their product. Example of oligopoly market such as airlines‚ automobile‚ steel industry and oil industry. 2.2 Similar or differentiate product In the oligopoly market sometimes they sell similar product such as oil from Saudi Arabia is the same oil in Malaysia and Thailand. For the differentiate product such as automobiles‚ steel industry‚ gas‚ and cell phone. 2.3 Few seller and large in size Oligopoly market have few seller but they are very big in the economic scale because
Premium Marketing Petroleum Economics
and every time they would visit the oasis they would say that they were going to Al-Buraimi. (Shamsi‚ 1986). Moreover‚ the Oasis of Al-Buraimi is a major point for the crossing of trade routes. It’s a crossroads of tribes who are traveling from Saudi Arabia as well as a destination where nomadic tribes could meet. The Al-Buraimi’s location is a very important aspect and made it significant throughout its history. Invaders used the town frequently whether they were coming from the sea or invading from
Premium United Arab Emirates Saudi Arabia
1)What do you think are the common and different causes and dynamics of the Civil Revolts in Tunisia‚ Egypt‚ Libya‚ and Syria? All episodes of protests have a political implications‚(вовлечения) especially in authoriatorian and semi-autoritorian countries. The “Arab Sping” has widely belived to have been instigated(давать толчёк) by dissatisfaction with the rule of local governmets . Numerous factors (causes) have lead to the protests‚ including issue such as dictatorship or absolute monarchy
Premium Middle East Israel United Arab Emirates
for an engineering company in Riyadh‚ Saudi Arabia. In the UK he had a reputation for speaking his mind and by doing so getting the best out of his staff. At the current project in Riyadh he supervises 12 British staff and nearly 50 Saudi staff. After a few months George has become increasingly frustrated by what he sees a less than effective Saudi team. Their lack of competence and slow work pace is worrying George. What should he do to try and bring the Saudi staff back into line? Top of Form Bottom
Premium Saudi Arabia Riyadh Japan
“Portrayals of Women Internationally” Women are portrayed in advertising all over the globe. They are represented in television commercials‚ billboards‚ and magazine ads; however different countries have variations on the ways in which these women are presented. The reasoning as to why these portrays vary from country to country is due to both cultural reasons‚ societal reasons‚ and even legal reasons in some cases. But despite all the diversity in the world women are still being stereotyped
Premium Advertising Saudi Arabia Gender role