Explain the effects of the personal printer

Assignment Help Business Economics
Reference no: EM131399031

Consider the fictional city of S land, where a local resident, Mr. X, invented the printer. There are economies of scale for printing due to the parts, paper, and servicing involved, so the central city developed around a printing center, Winkos. There are no personal printers, and everyone travels to the city center for their printing needs. Suppose that one day the personal printer is introduced into S land from another city and made readily available for purchase by households. Explain the effects of the personal printer on (a) the market area of Winkos and (b) the population of the city surrounding Winkos

Reference no: EM131399031

Questions Cloud

C++ program that prompts the user for a number : Using this information, write a C++ program that prompts the user for a number and an initial guess at its square root. Using this input data, your program should calculate an approximation of the square root that's accurate to 0.00001.
Identify the costs associated with going public : Identify the costs associated with going public. Briefly describe how investment banking is regulated. Describe the inroads into investment banking being made by commercial banks.
What two variables are measured on each individual : What two variables are measured on each individual in Case Study?- Describe the observational units in this study.- What was the sample size for the study?
Explain the role of the jobs-to-be-done framework : Explain what you learned that adds new understanding to product development and/or product management (this week's topics); explain the role of the jobs-to-be-done framework and how it can be used for segmentation and targeting (in the "science of ..
Explain the effects of the personal printer : Suppose that one day the personal printer is introduced into S land from another city and made readily available for purchase by households. Explain the effects of the personal printer on (a) the market area of Winkos and (b) the population of the..
What was the impact of the near failure of bear stearns : What was impact of the near failure of Bear Stearns and the failure of Lehman Brothers on Money Markets? What actions did the Federal Reserve and the Treasury Department take? What were the impacts of the decisions if any?
Determining the indifference curve : If the midterm score is represented on the horizontal axis and the final score on the vertical axis, and if a student in Dr. Schmertz's class cares only about her course grade, her indifference curve is
Meaning of leadership as is defined in leadership theory : Why is it important for individuals and organizations to have a clear understanding of the meaning of leadership as is defined in leadership theory? Discuss the importance of preparing a trial balance while entering transactions using a computerized ..
What is the formula for the net interest margin : Net Interest Margin What is the formula for the net interest margin? Explain why it is closely monitored by banks. What is accomplished when a bank integrates its liability management with its asset management?

Reviews

Write a Review

Business Economics Questions & Answers

  What factors contributed to hong kong disney

Illustrate what factors contributed to Hong Kong Disney's poor performance during it's 1st year

  The economy and how the different sectors interact in the

Create an 3-6 page report, that includes an explanation and/or examples of: A circular flow diagram that includes the government sector. For this part of your paper, you should include a description of the roles that each participant plays in

  What is the profit at the monopolistic equilibrium

A monopolist faces the following demand function and total cost function. P=100-2Q, TC=20+10Q+Q^2. What is the profit at the monopolistic equilibrium? Show your work.

  Ethics-ownership and copyright

Is it ever ethical to crack digital rights management tools and why? Does file sharing/ peer to peer services help or hurt digital media sales and why? Is it ever acceptable to misrepresent yourself online and why?

  From the scenario assuming katrinas candies is operating in

from the scenario assuming katrinas candies is operating in the monopolistically competitive market structure and faces

  Country continue to afford such deficits indefinitely

Assume that a country’s real growth is 2 percent per year, while its real deficit is rising 5 percent a year. Can the country continue to afford such deficits indefinitely?

  What is maximizing volume of box

Consider a box with width W, length L, and height H. Suppose you have to construct a box with the following constraint: W+L+H equal or less than 30. Suppose W has to be 12. What is maximizing volume of box? What should L and H be?

  What is the annualized cost of this project

The Rustin Transportation Planning Board estimates the cost of upgrading a 4-mile section of 4-lane highway from public use to toll road to be $41 million now. Resurfacing and other maintenance will cost $820,000 every 4 years. A toll road would requ..

  Suppose that for a firm that digs ditches for laying cable

Suppose that for a firm that digs ditches for laying cable or pipeline, backhoes and backhoe operators are pure complements in production, being used on a one-for-one basis. Draw the isoquants (on a graph with backhoe, “K”, and backhoe operators, “E”..

  Anticipate a decrease in the number of claims

Your insurance firm processes claims through its newer, larger high-tech facility and its older, smaller low-tech facility. Each month, the high-tech facility handles 10,000 claims, incurs $100,000 in fixed costs and $100,000 in variable costs. Each ..

  How will monetary policy affect interest rates

How will monetary policy affect interest rates or exchange rates. We want to use our AD-AS model to discuss monetary policy and its effects. Who is this man. Who is this man. Who is more important.

  Then the price elasticity of demand in that range equals

If the price of food falls by 10 percent and the quantity sold increases by 5 percent, then the price elasticity of demand in that range equals

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd