Example of non-price competition

Assignment Help Macroeconomics
Reference no: EM131043334

Spatial competition is an example of non-price competition. Specifically, in addition to the price firm charges, it also chooses a location in which to set up shop.

a) Describe how this firm location problem is solved.

b) Suppose that you are a cosmetic manufacturer. How could you use a spatial competition model when choosing your cosmetic line?

Reference no: EM131043334

Questions Cloud

Present a fairer valuation of the product cost per unit : ACCT204 Managerial Accounting. You are to provide a report of not more than 1,500 words that includes the income statements using both conventional absorption costing and activity-based costing and comment on why certain costing method is considere..
Why is the equator the warmest region on the earth : Why is the equator the warmest region on the earth? What happens to the regions of the earth North and South of the Tropics?
Logic behind ife investors based in the u.s. : Logic Behind IFE Investors based in the U.S. can earn 11% interest on a one-year bank deposit in Argentina (with no default risk) or 2% on a one-year U.S. bank deposit in the U.S. (with no default risk).
How might disney have had favourable initial experience : What assumptions did Disney make about the tastes and preferences of French consumers? Which of these assumptions were correct? Which were not - How might Disney have had a more favourable initial experience in France
Example of non-price competition : Spatial competition is an example of non-price competition. Specifically, in addition to the price firm charges, it also chooses a location in which to set up shop.
Research project topic: stock market : In this course you will be required to research the stock market and become familiar with stock market performance indicators. You will also take part in a simulation to see just how good of an investor you can be.
What is meant by sustainable development : What is meant by "sustainable development"? What implications should sustainable development have for investment criteria?
Ppp and changes in the real interest rate assume : PPP and Changes in the Real Interest Rate Assume that you believe exchange rate movements are mostly driven by purchasing power parity.
What reasons why culturally close countries not necessarily : Companies tend to begin their internationalization process in countries that are culturally very close. For instance, US-based companies would enter Canada and/or the UK first, before moving on to other countries. One survey, however, found that..

Reviews

Write a Review

Macroeconomics Questions & Answers

  Illustrate with balance sheets of both the bank of canada

Indicate how each of the following international transactions is entered into the Canadian balance of payments with double-entry bookkeeping:-A Canadian exporter sells merchandise worth $1 million in the United States, and is paid by a US importer ..

  Determine the default risk premium on the aaa-rated bond

The interest rate on a ten-year Treasury bond is 9.25 percent. A comparable-maturity Aaa-rated corporate bond is yielding 10 percent. Another comparable-maturity, but lower-quality, corporate bond has a yield of 14 percent, which includes a liquidity..

  Utilize the marginal productivity theory of labor

Utilize the marginal productivity theory of labor demand to predict the impact on the firm's employment level of the following events.

  Marginal analysis

Assume that a given set of resources can be used to make either handbags or wallets. The MC of a handbag is $19 and MC of a wallet is $10.

  What the current economic situation

Choose four economic indicators (all separate from any others) as presented for the last three to six months.  Explain the indicator analysis but also an aggregate description of what the current economic situation is actually doing-is it getting bet..

  Express the convexity relationship between zeros and coupon

Rank the bonds in terms of convexity, and express the convexity relationship between zeros and coupon bonds in terms of maturity and duration equivalencies.

  Question about supply and demand and cost data

Refer to the above data. If the product price is $95, at its optimal output will the firm realize an economic profit, break even, or incur an economic loss?

  What is your own standard for determining what objects count

Do you believe that business has any direct ethical duties to living beings other than humans? Do animals, plants, or ecosystems have rights What criteria have you used in answering such questions What is your own standard for determining what ob..

  A factory benefits from discharging effluent q into a lake

a factory benefits from discharging effluent q into a lake. the marginal benefit function is given by 60-2q. the

  Gap among the most highly skilled in the population

gap among the most highly skilled in the population and the least skilled will begin to fall in the near future.

  Describe the second-period pricing for the case

Homework - EconS - Illustrate the extended form game of the two-period, two-firm game and describe the second-period pricing for the case in which the first-period product is nondurable and durable.

  Who gain from the decision are greater than the losses

ensure that the benefits to those who gain from the decision are greater than the losses of those who are harmed by thedecision. which criterion would you select to use in determining the route of the highway. explain

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