determine the competitive strategy and the related critical success factors for the organization or firms the barangay based public health clinic, which is supported by tax revenues of barangay asenso and public donations
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determine the competitive strategy and the related critical success factors for the organization or firms the barangay based public health clinic, which is supported by tax revenues of barangay asenso and public donations
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- All the following are primary considerations when adopting a price discovery system except: A. Ensuring equitable returns to participants B. Limiting the number of buyers and sellers C. Minimizing costs to both buyers and sellers D. Providing accurate price signals and qualityA monopolist is facing the following demand schedule Pa24-30 That is, Q0 implies Pe24, then Qefimplies P21, and Q-2 entals P18, and so one. Fixed costs will be neglected in this analysis. The marginal cost is constant and equal to 3 for every unit produced. Determina (a) The quantity produced and the amount of maximum profits (b) Price and quantity to yield the efficient solution (c) Redo (a) when we impose a sales tax equal to 4 (per unit sold).Norah Jones’ (famous for the songs “Come Away With Me” and “Don’t Know Why”) last national concert tour sold an average of 2/3 of the tickets available, with 1/3 of seats left empty at a typical concert. (A.) Suppose the local promoter of each concert is a monopolist with a fixed number of seats in each concert hall. The promoter’s cost is independent of the number of people who attend the concert (Norah Jones received a flat payment independent of the number of tickets sold). If the concert charges a single market price, what factors would be considered in determining the profit maximizing price? (B.) Does the failure to sell out a concert suggest that the concert venue set too high a price? Does the failure to sell out a concert imply that there is deadweight loss? Explain. (C.) How (if at all) does the size of Norah Jones’ flat payment influence the profit maximizing price? Explain. (D.) How would your answers change if the concert hall is able to perfectly* price discriminate…
- University of Professional Studies, Accra (UPSA) was founded in 1965 as a private professional business education tuition provider. In 1999, by means of the Institute of Professional Studies Act, (Act 566), it became a tertiary institution with the mandate to provide tertiary and professional education in Accountancy, Management and related disciplines. The school has a student population of approximately 12,000. The school now have a state-of-the-art Students' Center where food, snacks and drinks are served to students and staff. Nevertheless, a sizeable number of UPSA students patronize Auntie Ama's (ATM) rice and beans food located at Madina Estate close to the Home-Made restaurant. In a quest to be able to predict the packs of rice Auntie Ama can sell in a month, she employed an economist to estimate the demand curve for her food. By sampling a total of 28 consumers, the economist estimated the demand function for Auntie Ama's food as: Qg = —175 — 1.5P, + 2.25Py + 0.51 + 0.75A…Pre-mixed concrete is an important input for the construction industry. Concrete cannot be stored or transported over long distances as it begins to set after only a few hours. For this reason, only the three local firms—Aggregate Inc., Big Industries and ConCorp—are in a position to compete in the market. Moreover, the capital and regulatory requirements for constructing a new concrete plant are substantial, creating an effective barrier to entry. Pre-mixed concrete is regarded as a homogeneous good by the construction industry. Inverse demand in the market has been estimated to be,P = 670 − Q/40,where P represents the price of a cubic metre of concrete in dollars, and Q is the total number of cubic metres of concrete supplied into the market on a given day. At present the three firms appear have identical production costs, with each firm facing fixed costs of $400,000 per day and a marginal cost of $190 per cubic metre. Big Industries and ConCorp estimate that the proposed merger…Pre-mixed concrete is an important input for the construction industry. Concrete cannot be stored or transported over long distances as it begins to set after only a few hours. For this reason, only the three local firms—Aggregate Inc., Big Industries and ConCorp—are in a position to compete in the market. Moreover, the capital and regulatory requirements for constructing a new concrete plant are substantial, creating an effective barrier to entry. Pre-mixed concrete is regarded as a homogeneous good by the construction industry. Inverse demand in the market has been estimated to be,P = 670 − Q/40,where P represents the price of a cubic metre of concrete in dollars, and Q is the total number of cubic metres of concrete supplied into the market on a given day. At present the three firms appear have identical production costs, with each firm facing fixed costs of $400,000 per day and a marginal cost of $190 per cubic metre. Big Industries and ConCorp estimate that the proposed merger…
- (a) A monopolist sells its product in two markets, Spain and France. Its cost function is given by C = 4Q, where Q denotes total output, so the marginal cost is constant and equal to 4. The Spanish demand is given by QS = 6 – 0.5PS and the French demand is given by QF = 16 - PF, where PS and PF denote the price in Spain and the price in France, respectively. (i) (11) Define third-degree price discrimination. Assuming that third-degree price discrimination between the two markets is possible, calculate the price the monopolist will set in Spain, the price it will set in France and the firm's total profit. A new regulation now requires the firm to charge the same price to all its customers irrespective of the country they live in. Discuss the effect of this on the consumer surplus of Spanish customers, the consumer surplus of French customers and the firm's profit as compared to the situation in part (i).Part 1: Breakeven Analysis for a Conference. The Greenville Center for Business Analytics is an outreach center that collaborates with industry partners on applied research and continuing education in business analytics. One of the programs offered by the center is a quarterly Business Intelligence Conference. Each conference features three speakers on the real-world use of analytics. Each corporate member of the center (there are currently 12) receives five free seats to each conference. Nonmembers wishing to attend must pay $80 per person. Each attendee receives breakfast, lunch, and free parking.The following are the costs incurred for putting on this event:Rental cost for the auditorium $150Registration processing $7.50 per personSpeaker costs 3@$1,200 = $3,600Continental breakfast $3.50 per personLunch $8.00 per personParking $10.00 per persona) Use MS Excel drawing tools to build an influence diagram that models the factors that influence total profit for the conference.b) Build…Pre-mixed concrete is an important input for the construction industry. Concrete cannot be stored or transported over long distances as it begins to set after only a few hours. For this reason, only the three local firms—Aggregate Inc., Big Industries and ConCorp—are in a position to compete in the market. Moreover, the capital and regulatory requirements for constructing a new concrete plant are substantial, creating an effective barrier to entry. Pre-mixed concrete is regarded as a homogeneous good by the construction industry. Inverse demand in the market has been estimated to be,P = 670 − Q/40,where P represents the price of a cubic metre of concrete in dollars, and Q is the total number of cubic metres of concrete supplied into the market on a given day. At present the three firms appear have identical production costs, with each firm facing fixed costs of $400,000 per day and a marginal cost of $190 per cubic metre. Big Industries and ConCorp estimate that the proposed merger…
- Pre-mixed concrete is an important input for the construction industry. Concrete cannot be stored or transported over long distances as it begins to set after only a few hours. For this reason, only the three local firms—Aggregate Inc., Big Industries and ConCorp—are in a position to compete in the market. Moreover, the capital and regulatory requirements for constructing a new concrete plant are substantial, creating an effective barrier to entry. Pre-mixed concrete is regarded as a homogeneous good by the construction industry. Inverse demand in the market has been estimated to be,P = 670 − Q/40,where P represents the price of a cubic metre of concrete in dollars, and Q is the total number of cubic metres of concrete supplied into the market on a given day. At present the three firms appear have identical production costs, with each firm facing fixed costs of $400,000 per day and a marginal cost of $190 per cubic metre. Big Industries and ConCorp estimate that the proposed merger…What of the following is NOT a potential drawback for primary market research in an international market? a) it can be costly b) it takes long time c) language can be a major barrier d) in many developing countries, data may not be availableDetailed answers (a) (b) &(c)