What were the real reasons that coca was taken out of Coca Cola? Do these reasons mean that cocaine was not or is not harmful?

Q: Back in the 1950s, General Motors (GM) was at its peak. It was widely viewed as a shining example of…

A: Market is the place where seller and buyers exchange  the goods and services at given price level .…

Q: monopoly company has a demand curve that can be shown as P = 3 000 - 100Q. It has fixed costs of R1…

A: As per guidelines, first three subparts can be answered. Kindly repost the other questions again.…

Q: Back in the 1950s, General Motors (GM) was at its peak. It was widely viewed as a shining example of…

A: The above problem is based on the types of market structure as there are mainly two types of market…

Q: Back in the 1950s, General Motors (GM) was at its peak. It was widely viewed as a shining example of…

A: The broad types of possible markets in an open economy (i.e. an economy that can trade freely,…

Q: Now suppose that the state of Alabama eliminates its system of licensing Alabama alligator sausage…

A: Equilibrium quantity and price is determined where market demand and supply is in equilibrium.…

Q: Question 38 An unregulated monopoly finds that its marginal cost exceeds its marginal revenue. In…

A: If a Monopolist is experiencing higher Marginal cost than marginal revenue, it is the situation when…

Q: Eighty-five percent of the soup sold in the U.S. is Campbell’s brand soup. Some people have claimed…

A: Monopoly is that the market structure where there's single supplier of a product. A monopoly firm…

Q: to discuss why monopoly arises and how governments deal with monopolies and then you're going to…

A: A monopoly is a single supplier in the field of economics. For example, when only one person or…

Q: Which market has market power or not and is it good to have market power or not:  1- competitive…

A: Monopoly market has the most market power than oligopoly, perfect competition and monopolistic…

Q: Which two kinds of monopolies exist? Which is more economically efficient? Why?

A: Monopoly is a market structure in which there is a single firm and large number of buyers. The…

Q: The South American cocaine industry consists of several “families” that obtain the raw material,…

A: The main objective of any business is to maximize its profit. A business maximizes its profit by…

Q: Output Price TR MR TC ATC MC Profit 110 90 144 2 3 4 29 -3 42 80 300 56.75 261 301 348.5 89 40 60 55…

A: Global Gas & Electric, a monopoly operating in the northwest Philippines, is represented in the…

Q: 6. Elizabeth Airlines (EA) flies only one route: Chicago- Honolulu. The demand for each flight is Q…

A: Since you have asked a question with multiple subparts, we have answered the first three subparts…

Q: Why might a government try to prevent monopolies or oligopolies from forming in a market? And how…

A: A monopoly refers to a market in which there is only a single seller of a commodity. The seller has…

Q: McDonaldization is the process by which the principles of the fast-food restaurant are coming to…

A: The business plans, and model shows how the working of an organization will take place. The making…

Q: For many decades, the Royal Mail had a legal monopoly in the U.K. Companies in the postal business…

A: Given information Minimum AC=£2 at Q=100 million deliveriesMinimum MC= £1 at Q=75 million deliveries…

Q: Is the monopoly on patented pharmaceuticals warranted? What barrier to entry prevents the…

A: Monopoly on patented pharmaceuticals is not justified because governments are likely to buy…

Q: Back in the 1950s, General Motors (GM) was at its peak. It was widely viewed as a shining example of…

A: *Answer:    Rivalry is commonly misunderstood as competition. There can be competitive competition…

Q: (c) Finally, let's assume you've been given the following information about maximum willingness to…

A: Bundling is not going to help if the consumers demand are positively related.

Q: Is it bad for consumers if a large corporation drives down prices to eliminate competition? Explain

A: A situation when two or more rival companies lower the prices of a similar product with the aim to…

Q: What is the difference between economies of scale and economies of scope of media markets?

A: Economies of the media markets refers to the combination of economics with the media and…

Q: a. Is this firm a perfectly competitive firm or a monopoly? How can you tell? b. In the current…

A: In economics, specifically general equilibrium theory, a perfect market, also known as an atomistic…

Q: Q1: If only one airline service a town, does a monopoly exist? What about competition from other…

A: The type of structure of the market having only a single seller and where there exists significant…

Q: 1.If demand is elastic, the difference between the monopolistic price and the competitive market…

A: For 1) An elastic demand means that quantity demanded is highly responsive to the price level. An…

Q: Back in the 1950s, General Motors (GM) was at its peak. It was widely viewed as a shining example of…

A: Competition is frequently confused with rivalry. When there are two or more firms, there can be…

Q: Blue INK is the only cabel service provider in Gazipur. The diagram below depicts the price, output…

A: Market of a product is said to be monopoly where single seller and large number of buyers are…

Q: Back in the 1950s, General Motors (GM) was at its peak. It was widely viewed as a shining example of…

A: The market cars are a form of oligopoly market structure where few large firms operate in the market…

Q: For many decades, the Royal Mail had a legal monopoly in the U.K. Companies in the postal business…

A: The Royal Mail’s minimum average cost is £2 at 100 million deliveries  The minimum marginal cost is…

Q: Use the cost and revenue data to answer the questions. Quantity Price Total revenue Total cost 10…

A: Total revenue(TR) is the total sale proceeds which the supplier gets when he sells his products.…

Q: In 2015, Apple introduced the Apple Watch Assume that the cost of producing the 38mm Apple Watch…

A: A monopoly maximizes profit by producing at MR =MC  and charging the maximum price consumers are…

Q: a. In the short run, if a perfectly competitive firm produced at the quantity of productive…

A: a. In perfect competition, there is a large number of buyers and sellers, and firms in perfect…

Q: Volkswagen sells cars in many countries throughout the world, including Mexico and other Latin…

A: There is a culture difference between the countries. This would influence the position of Volkswagen…

Q: Fantastique Bikes is a company that manufactures bikes a monopolistically competitive market. The…

A: Answer: A monopolistically competitive firm maximizes its profit where the marginal revenue is equal…

Q: How do the luxury fashion brands remain successful & differentiate themselves from fast fashion…

A: In the market, luxury fashion brands work differently from fast fashion brands and able to maintain…

Q: Does a monopolistically competitive firm have an incentive to produce at the level of output that…

A: The basic characteristics of Monopolistic competition are – Differentiated products, many firms, and…

Q: what are some pricing tactics used by companies? What form of price discriminations might a company…

A: Some price tactics used by company would be cost based pricing,price management.Profit based pricing…

Q: What were the driving forces behind nickelodeon, movie palaces and multiplexes? How do the reasons…

A: The Nickelodeon theater programs comprised of many short films in the package. As a result, it was a…

Q: Is price discrimination considered as fair business practice. Why do companies tends to sell…

A: Price discrimination means a seller selling the same product to different consumers at different…

Q: A10) Is it possible to have a situation where a profit maximizing monopoly chooses to produce the…

A: A monopoly is the sole producer of a good thus having maximum market power hence will acts as a…

Q: Economics As you read in the articles for Chapter 11, several brands are replacing their brand…

A: PepsiCo was changed to pepsi because sales and revenue was not increasing that much. Therefore Pepsi…

Q: Price (dollars per unit) 600 400 AC = MC De mand Marginal revenue 200 400 Computers (units per day)…

A: Monopoly is a single seller in the market with no close substitutes.

Q: Is Facebook a natural monopoly or monopoly? Why or why not?

A: A natural monopoly is a part of monopoly. It occurs because of unique circumstances , in which…

Q: For many decades, the Royal Mail had a legal monopoly in the U.K. Companies in the postal business…

A: Given information Minimum AC=£2 at Q=100 million deliveriesMinimum MC= £1 at Q=75 million deliveries…