PERFORMANCE TASKSAPPLIED ECONOMICMODULE 6 -WEEK-6QUARTER-1Date:Name:Score:Yr. & Section:Directions: Describe the market structures of the industries inthe market as to number of sellers, pricing power, type of goodsor services, and barriers to entry and exit. Complete the chart.Recorded.SenaТурes ofproduct/sEntry/exitbarriersMarketPricingNumberStructurepowerof sellersPure(Perfect)CompetitionquaMonopolyMMonopolisticCompetitionMCeOligopolyb iomini

Perfect competition occurs when all companies sell the same items, market share has no bearing on…

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Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter7: Economies Of Scale And Scope

Section: Chapter Questions

Problem 7.2IP

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Prce per botie (S) The diagram to your right describes the per unit costs and revenues related to the monopoly firm NutriPowder Inc. NutriPowder Inc manufactures and sels a new food powder called NuriPowder that provides the consumer with all the essential nutnents and yet helps the consumer treduce his or her woight significantly Using the rectange drawing tool, draw the area that represents the weekly maximum total prote eamed by manufacturing and selling NutnPowder. Label it Profr. Note: if you are not prompted for a label then you have used the wrong drawing tool MC to ATC 41 20 112 MR 20 Quantity (Hundeds of bottes per week)
COVID-19 Lockdown Price FreezeYou have been appointed as the Marketing Manager of Makro, Massmart CEO Mitchell Slape hasassigned you tasks and requires you to write a report that will be presented at the next Massmart Boardmeeting. You are encouraged to conduct further research on the company.Background issues1Massmart . is a South African firm that owns local brands such as Game, Makro, Builder's Warehouse,Cambridge Food and Cash & Carry stores.2Massmart announces a price freeze in all their brands for the duration of the 21-day nationwidelockdown. This will involve. suspending price adjustments that were scheduled, as part of the normalcourse of business, before the lockdown was announced. Fresh produce, which is procured daily fromfresh produce markets around the country, is the only category that is not included in this announcement.3Commenting on the decision, Massmart CEO Mitchell Slape said: “This is an unprecedented time forSouth Africa and the. world. As we all come to…
MSC (Suggested time- 12 mins.) MPB Q, Q. Q, Q, As Use the labelled points in this graph to identify the requested area. Pay attention to whether the points are labelled with a capital or lower-case letter. Use the same in your answer. Do not include any spaces, numbers, or symbols/punctuation in your answer - just the letters close together. (Part A) The area representing the change in TSC from switching from Q5 to Q2 is (Part B) The area representing the PNB from the market's allocation is A (Part C) The area representing the change in TEB from switching from Q1 to Q3 is A (Part D) The area representing the TEC from Q5 is A (Part E) The area representing the change in PNB from switching from Q4 to Q5 is
Task: Attempt ALL questions (Show all calculations / working formula) Question 1. You are asked to advice on the relationship between two products. The only information you know is that if you increase the price of your product from OMR 1.600 to OMR 2.000, the demand for your competitors' product increases from 1,000 units to 1,400. (a) Name the economic tool you will use to help your advice? (02 marks) (b) What is the relationship between yours and your competitor's product? Show all working. marks) (02 Question 2: Calculate the missing values in the following table. Show all formula and calculations in detail. (Answers not showing the details of calculations & formula will be awarded only fifty percent marks for this question.) (10 marks) Output (Units) TC (OMR)AC (OMR) MC (OMR) 55 1 85 2 110 3 130 14 40 42 16 280 17 90 8 110 19 610 10 150
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Refer to the Data for Elght Phones Talk Time Overall Score (Hours) Brand Model Price ($) Volce Quallty AT&T CL84100 50 73 Excellent 7 AT&T TL92271 70 Very Good 06 Panasonic 4773B 100 78 Very Good 13 Panasonic 6592T 80 72 Very Good 13 Uniden D2997 35 70 Very Good 10 Uniden D1788 70 73 Very Good Vtech DS6521 70 72 Excellent 7. Vtech CS6649 60 72 Very Good 7. (a) What is the average price for the phones? (Round your answer to the nearest cent.) 2$ (b) What is the average talk time for the phones? hours (c) What percentage of the phones have a voice quality of very good? %
TPP - Tatal Physical Product APP-average Physical Product MPP - marginal Physicdl Product In excel Plat graphically all the given and derived data. or geametrically
"static/nb/ui/evo/index.html?deploymentld=5696051823021770732509536303&elSBN=9781305648173&id=916507517&snapshotld=1950959& * CENGAGE MINDTAP J Homework (Ch 08) Q Search this course Consider the following scenario to understand the relationship between marginal and average values. Suppose Rajiv is a professional basketball player, and his game log for free throws can be summarized in the following table. A-Z Fill in the columns with Rajiv's free-throw percentage for each game and his overall free-throw average after each game. Game Game Result Game Free-Throw Percentage Total Average Free-Throw Percentage 4/5 4/5 80 80 2/5 6/10 3 1/4 7/14 4 1/2 8/16 4/4 12/20 On the following graph, use the orange points (square symbol) to plot Rajiv's free-throw percentage for each game individually, and use the green points (triangle symbol) to plot his overall average free-throw percentage after each game. Note: Plot your points in the order in which you would like them connected. Line segments will…
You just received your midterm exam results andyour professor wrote the following note: “Youreceived a 70 on this exam, the average score. Ifyou want to improve your grade, you should studymore.” Evaluate your professor’s note
Can you plot this chart
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Question: Base on your graph, what do you think are the factors that may affect the demand of the existing products?

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