Explains why these secondary sales might be of concern

Assignment Help Microeconomics
Reference no: EM13765379

De Beers, the South African diamond syndicate, has historically had monopoly power in the global diamond market.

One source of competition that it confronts comes from individuals who sell diamonds that originated through previous sales by De Beers.

Which of the following best explains why these secondary sales might be of concern to De Beers?

Reference no: EM13765379

Questions Cloud

What traditional in emily dickinson and paul laurences work : what traditional in Emily Dickinson and Paul Laurence Dunbars work. Compare and contrast Dickinson's "I'm nobody, who are you" and Paul Laurence Dunbar's "We Wear the Mask." Consider structure as well as content.
Designing value-based service : As the rate of innovation increases, companies face expanding product/service lines, shorter product and service lifecycles, and more frequent product/service transitions. All of these can bring tremendous value but also pose enormous challenges a..
Software services versus software components : Provide an example of a software component and another example of a software service. Explain what these examples have in common and how they differ.
How behavioral theories and interventions can be used : Create a 7- to 10-slide Microsoft PowerPoint presentation with detailed speaker notes that compares how behavioral theories and interventions can be used in both a community and corrections setting
Explains why these secondary sales might be of concern : Which of the best explains why these secondary sales might be of concern to De Beers?
How much did he borrow : A student borrowed some money from his father at 2% simple interest to buy a car. If he paid his father $360 in interest after 3 years, how much did he borrow?
What is the market value of the bond-use annual analysis : A 10-year bond pays 8% on a face value of $1,000. If similar bonds are currently yielding 10%, what is the market value of the bond?: Use annual analysis.
What was the principal after the first payment : Joe Jay purchased a new home with a $260,000 loan. He decided to use Loyal Bank for his mortgage and the bank required him to put down 20%. The monthly payment for the 6.50% 25- year mortgage is $1,404.43. What was the principal after the first payme..
Revenue recognition-point of sale : On January 1, Jenny Company sells goods that have a cost of $400,000 to Denny Inc. for $550,000, with payment due in 1 year. The cash price for these goods is $450,000, with payment due in 30 days. If Denny paid immediately upon delivery, it would..

Reviews

Write a Review

Microeconomics Questions & Answers

  Find out the rule-of-thumb price when monopolist has

a. determine the rule-of-thumb price when the monopolist has a marginal cost of 25 and the price elasticity of demand

  Marginal cost curve eventually increase for the typical firm

Why does the short-run marginal cost curve eventually increase for the typical firm? Describe what locative efficiency is and how it is achieved in pure competition?

  The new york times reported that the fda was holding

Consumers stand to benefit from more accurate and informative advertising. Accept, for the sake of argument, that the advertisements do create a false impression. Pharmaceutical companies, publishers, and broadcasters have an interest in maintaining ..

  What is the total amount of output the firm

What is the TOTAL amount of output the firm should produce and approximately how much output should the firm allocate to market 1?

  Today the number of commercial banks in the united states

today the number of commercial banks in the united states is abouta. 14800b. 21000c. 3000d. 8000during the so-called

  Explain the function of an economic hit mam

Explain the function of an Economic Hit Mam from Perkins point of view - Explain why Perkins quit the Economic Hit Man business

  A company had 74 employees whose salaries are summarized in

a company had 74 employees whose salaries are summarized in the frequency distribution below. find the standard

  What is the equilibrium price and equilibrium quantity of

What is the equilibrium price and equilibrium quantity of bicycles in Wheelerville? Calculate the value of consumer surplus, producer surplus, and total surplus in this market.

  How would you decide what was the best level of emission

Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope.

  Why the idea of limited resources is such a major concern

How the economy works and why the idea of limited resources is such a major concern in today's economy

  Structure of oligopolistic market

From an economist standpoint, why might there be more research, development, and innovation occuring in oligopolistic market structure than in any other?

  Why would the govt impose a price which losses of efficiency

Explain the concepts of consumer surplus and producer surplus, and then use these to demonstrate that a price ceiling is less efficient than equilibrium in a supply and demand analysis. Articulate why the price ceiling results in either a shortage..

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