EC 1101 Study Questions Fall 2012 Chapter 5 Market failures‚ public goods and externalities 1. Explain the functions of government in an economy. Why do governments intervene in markets? 2. (a) Using the concept of allocative efficiency‚ explain the meaning of “market failure” and “externality”. Why is this is a type of market failure? (b) Explain the difference between the market equilibrium output and the efficient level of output when there are (i) negative externalities and (ii) positive
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Case study 3 pricing and performance Question 1: From the given last two years sales figure‚ it is showing an average of 4% price is increased in every boat. Based on last 2 years pricing pattern and the condition attached with B16 & B35.Before considering the price of B33‚ Billing Boats AS has to think about the challenge of B29 and market popularity both of these two boats .After considering all these factors the manufacturer’s selling price for the next year can be followed by: B16 30‚888
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Citibank Case Questions: 1) Should Citibank launch the card product? Why or why not? 2) Given its upscale customer base‚ how should Citibank position its card‚ if it decides to launch it? 3) Which countries should Citibank enter first? Which countries should it avoid? 4) If you choose not to introduce the card‚ what would you do to achieve the $100 million earnings target by 1990? What kind of branch banking products should the bank offer? L’OReal Case Questions: 1) What is Beauty Product
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people live in villages. A village is a collection of small huts in the midst of fields on which the village farmers work. Some villages are big while others are comparatively small. They are generally cut off from the cities and have a different kind of life. Village life has its own charms. Cowper says‚ “God made the country and man made the town.” Villagers live very close to nature. It is in the country that nature reveals all her beauties to man. Natural beauty of the village has been a source
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Global Village Draft Having media and technology accessible on demand 24/7‚ 365 days of the year means information spreads across the globe within minutes. Communication has never been so easy.Countries are no longer isolated units functioning on their own‚ but instead‚ are like discrete families within a small‚ closely knit community. Nick Enright’s play “A Man with Five Children” and the BBC documentary “ How Facebook Changed The World: The Arab Spring” are both examples of how technology and
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Anthony Jones 07/18/13 Mr. Bastin BU1410 Unit (3) Case study/MIS in Action 1. What business and social problems does data center power consumption cause? a. Elecricty consumption doubled‚ more servers‚ more emission of carbon footprints. Very high cost for cooling data centers. Some materials used are environmentally. 2. What solution are available for these problems?‚ Which are environment-friendly? a. limitations on how much power and condensed water a tenant can consume
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Assignment No.1 COMM 401 Question 1: What’s Loblaw competitive position/business-level strategy? Loblaw was the market leader in Canadian grocery with 32% of market share. In the global market‚ Loblaw was the 24th largest grocery retailer in 2001. Its strategy had following elements: * Use cash flow generated in the business to invest consistently. * Purchase real estate to maximize flexibility. * Use a multi-format approach to maximize market share. * Focus on the food but serve
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Culturally‚ Pakistan’s rural folk enjoy a seemingly happy and contented life. Not that they tend to be passive and lack initiative. On the other hand our rural folk are more energetic and struggle minded than their city dwelling counterparts. · A Way of Life…But More Natural · by Hira N. Hashmey · Pakistan is the cradle of Indus Valley Civilization‚ civilisation that is spread over more than 4000 years of history.Archaeological excavations here have revealed evidence of the meticulously planned cities
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A village fair is an annual affair in our village life. It is basically a large gathering of rural people on a particular occasion. It is like a mirror that reflects the emblem of rural life‚ culture‚ art and heritage. A village fair generally sits by focusing a day of great importance in our village life. It is held on the occasions of some religious festivals or local important events. It sits on the 1st day of Baishakh‚ the first month of Hizri year or on the day of Charka Puja and so on. Sometimes
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Case Questions for April 10‚ 2010 Discussion Questions for Birch Paper Company Answer each of the following questions independently. 1. Which bid should Norhern Division accept? 2. Should Thompson Division lower its price? If so‚ to what? 3. What should the Commercial V.P. do? Case 23-5‚ Berkshire Industries 1. Were Berkshire’s motivations for a new incentive system reasonable? If so‚ what were their main options for a new system? Was an economic profit-focused system a reasonable
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