User Account

All Pages

What type of market structure Coles and Woolworths operate

Assignment Help Macroeconomics
Reference no: EM132136405 , Length: 1500 Words

Economics Assignment -

Part A: Microeconomics

Consider the following three sources.

Source 1. Macquarie Analysis: Woolworths Trails Coles on Grocery Prices (by Catie Low)

Source 2: Supermarkets Price War

Source 3: Supporting Diagrams

Question 1 - What type of market structure do Coles and Woolworths operate in? Justify your answer with reference to some limited research and the appropriate economic theories. Your answer should include a diagram.

Question 2 - Based on your answer to Question 1, and with reference to the appropriate economic theories, discuss the effects of pricing in this market, especially in regards to revenues. Is it in the interests of Woolworths and Coles to have a price discount war? Why or why not?

Question 3 - What type of market structure is the market for vegetables provided by farmers? Explain why with reference to Sources 2 and 3 and the appropriate economic theories.

Question 4 - How would falling prices for vegetable products due to the price war affect the individual vegetable producer? Demonstrate your answer with reference to a diagram showing only an individual farmer's cost curves. Would small farmers be forced to leave the market in the long-run? Why or why not?

Part B: Macroeconomics

Consider the following two sources on the Spanish economy.

Source 1: Spanish Growth Quickens, Says Central Bank

Source 2: Trading Economics Graphs

Question 1 - Based on the article and graphs above, what phase of the business cycle do you believe Spain was in during 2013? Explain why with reference to theory and represent this phase of the business cycle using an aggregate demand and supply model.

Question 2 - Based on the article and graphs above, what phase of the business cycle do you think Spain has entered in 2014? Why? Use your aggregate demand and supply model from Question 1 to demonstrate what happened to the economy in 2014.

Question 3 - Given Spain's most recent unemployment rate, if 17,353,000 people were currently employed how many people would be unemployed?

Consider the following two sources on the Indian economy.

Source 1: India still fastest-growing economy in world gripped by uncertainty: IMF

Source 2: Bright Spot

Question 1 - Based on the article above, what phase of the business cycle is the Indian economy experiencing in 2016? Justify your answer with reference to economics theory and support your analysis with a graph showing where the Indian economy is operating.

Question 2 - How would the falling energy costs affect the Indian economy in 2016? Why? Show this effect in your graph from Question 1.

Question 3 - What macroeconomic indicator should be monitored closely in India in 2016? What can the Reserve bank of India do to control this indicator? (You may need to do some research into Topics 10 and 11 by yourself).

Attachment:- Assignment File.rar

Reference no: EM132136405

Questions Cloud

Why is it important to engage on sustainability : Why is it important to engage on sustainability? Is it possible for stakeholder relationship to be only one-way? Discuss
Analysis of relevant ethical theories : How was the dilemma resolved? Do you think the dilemma was resolved effectively - Analyse the case using three ethical theories examined
Explain four ethical principles that guide decision making : What are the steps, characteristics and behaviors a health leader should take to build relationships with internal and external stakeholders?
Develop the information you need to complete the plan : As part of the section on quality tools, include a separate appendix with at least three (3) quality tools that will be used as a part of the project.
What type of market structure Coles and Woolworths operate : ECOM4000 Economics Assignment, Kaplan Business School Australia. What type of market structure do Coles and Woolworths operate in
Explain the steps of your decision making process : Describe what your decision would be if you found yourself in this situation. Explain the steps of your decision making process.
In what ways could a researcher manage and organize the data : Qualitative data has been described as voluminous and sometimes overwhelming to the researcher. In what ways could a researcher manage and organize the data?
What are the differences of the three types of studies : The three types of qualitative research are phenomenological, grounded theory, and ethnographic research. What are the differences and similarities.
Analyze the industries in which the company operate : Analyze the industry/industries in which the company operate and have businesses by using the book frameworks of industry analysis.

Reviews

len2136405

10/9/2018 11:02:47 PM

Instructions - Answer each question directly. You do not need to present answers in essay or report form. Make sure you explain your diagrams and answer all parts of each question. You do not need to write a huge amount for each question. The word limit is around 800-1500 words. Use the minimum number of words to answer the question (but make sure you answer it fully).

len2136405

10/9/2018 11:02:41 PM

Reference your answers if you are using information from another source using in-text referencing and include a reference list at the end of the assignment. Five (5) marks are awarded for this. You do not need to reference lectures and tutorials. The assignment is to be submitted using Turnitin and any plagiarism will therefore be traced. As a result you could get 0 for your assignment if you copy. You can insert pictures/diagrams by: Drawing them in programs like “paint” and pasting it into the document. Drawing them by hand, scanning and then pasting them as a picture into the word document. Do not simply copy pictures of graphs from the internet. You have to draw them yourself. Five (5) marks will be awarded for correct referencing (see assignment instructions at beginning of document).

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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