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Two of the characteristics of a perfectly competitive market are that there are a large number of firms and each firm produces a product that is identical to what the other firms produce. Good examples of perfect competition can be found in the agricultural sector, primarily because it is difficult to modify an agricultural commodity (e.g., corn, soybeans, wheat) to create a branded product.
1. Identify a market that you believe satisfies the requirements for perfect competition.
2. If you've noticed advertising for that product, is the advertising by an individual producer or an industry group? (If you've answered individual producer, you might want to go back to (1) and rethink whether the product is sold in a perfectly competitive market.)
3. Why doesn't it make economic sense for individual firms to advertise in a perfectly competitive market? Who would gain in the short run? Who would gain in the long run? Who would likely be worse off because of that advertising?
What has happened due to the current economic state of the world? What role has FDI played in the success or failure of the free trade associations?
Based on your knowledge of corporate ethics scandals, unethical behavior, and the impact of SOX legislation and your chosen research, discuss the following:
Compare and contrast an existing organization's three major functions (i.e., finance, marketing, and operations), and then justify the interdependence that operations have to finance and marketing. Provide examples to support your rationale.
Explain How might the relative importance of each of these IMC elements be different if your parents were making the purchase?
Consider the Alternative Approach to fighting five consumer products alcohol, tobacco, guns, motor vehicles and junk food
It could do so by selling this project to another company at a price of $1,500 in year 2 and consequently cash flows would be 0 in years 3 and beyond. Calculate the expected NPV of this project given the abandonment option.
There is not a specified amount of data that is required to be collected to get a result; it is all within the discretion of the person doing the research. Explain.
Create a list of five best practices that managers in most industries could take to protect the privacy of their employees and customers. Provide specific examples to support your response.
Describe the entrepreneurial profile. In what ways does Larry Slotnick display these entrepreneurial attitudes and characteristics? Be sure to include examples from the video in your response.
A newly issued non-callable, fixed-rate bond with 30-year maturity carries a coupon rate of5.5% and trades at par. Its (Macaulay) duration is 15.33 years and its convexity is 321.03.
Some businesses leverage opportunities to expand their services by partnering. Discussion what partnering is and the challenges and benefits. Provide an example of a partnering.
q1 i asked for a solution for the chase manhattan bank case study and was wondering how my tutor was doing on it. the
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