Malaysia Airlines, AirAsia, Malindo need different action by govt amid Covid-19 pandemic — Mustapa Mohamed

KUALA LUMPUR (March 30): Airline companies including some of the most well-known in the industry are facing their biggest challenge due to Covid-19 pandemic, Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed said.

According to him, this is a global phenomenon with giant airlines such as Emirates and Singapore Airlines have also been affected, not to mention Malaysia Airlines, which has faced various challenges before the outbreak.

Although there was no announcement in terms of assistance for airlines in the Prihatin Rakyat Economic Stimulus Package (PRIHATIN) announced by Prime Minister Tan Sri Muhyiddin Yassin last Friday, the sector would need action, he said.

“Companies like Malaysia Airlines, AirAsia and even Malindo Air are big employers. Certainly (it) requires a different action,” Mustapa said on Bernama TV's "Ruang Bicara Khas" last night.

However, he did not elaborate on the timing and actions the government would take to help Malaysian airline companies.

Leading low-cost carrier, AirAsia has temporarily suspended all international flights for operations in Malaysia, Thailand and the Philippines due to the Covid-19 outbreak.

AirAsia Malaysia has also temporarily suspended all its international and domestic flights from March 28 to April 21, 2020.

The national carrier, Malaysia Airlines has also significantly reduced its overall network, due to the nationwide MCO from March 18 to 31.

(a) Discuss factors that have affected AirAsia Group Bhd. in their business over time. How have these factors affected pricing decisions among airline operators?

(b) What general pricing approaches have AirAsia pursued?

(c) Do you think that AirAsia will be able to overcome this amid Covid-19 pandemic? What recommendations would you give to its management?

7. Show analytically that the necessary condition for the profit maximization of a monopolist that
supplies his output in two separate markets with two different demand functions is
MR1 = MR2 = MC.

I please for the clear explanation :)

Derive the condition for the optimal rotation when a forest also provides species habitat services.

Question #1

Investment Advisors must understand the investment valuation risks associated with a security before making recommendations to their client.

Answer the following questions regarding investment risks.

1. List and describe, in your own words, the three (3) methods used by analysts to measure the volatility of an investment.
2. Explain how a “bell curve” diagram helps investors to measure a stock’s price volatility.
3. Explain, in your own words, how “duration” is used to measure volatility in fixed income securities.

Welfare economics provides a framework for evaluating the impact of normative statement or government policies. Explain the framework of welfare economics. What are consumer and producer surplus? Explain why there are differences in willingness to pay along the demand market curve. Explain why there are difference in costs along the market supply curve.

Milton Friedman: States that there is only one social responsibility that organizations have and that is to use its resources and engage in activities designed to increase profits. therefore, there is no need for corporate social responsibility as the organizations main goal is profit-making.

with the above, organizations have four responsiblilities.

1. Discuss at least four responsibilities.

2. Discuss at least four major factors that influence consumer buying behaviour.

NB: insert reference

How is monetary policy used during a recession? During a boom? What is the current monetary policy being used by Federal Reserve? Explain why they are on this policy course.

Consider the following situation: The world price of oranges is $15 per bushel. The domestic supply of oranges is 100 + 2(P) and the domestic demand for oranges is 500 – 5(P). Assume for now that this is a small nation that is not able to affect the world market. Show specific results (75 points)

1. How would a tariff of $10 per bushel affect this nation? (Consider gains and losses)
2. How would a quota of 100 bushels affect the nation?
3. What if there is a social benefit (not captured in the price) of $5 per bushel to people eating oranges? How does this affect your answer to (a) above?
4. How would your answer to (c) change if the nation were importing something to which there was an associated negative externality?
5. Assume now that the nation is large and that it CAN affect the world market. Explain what happens to the world market for oranges when the tariff is passed. Be sure to discuss terms of trade, gains and losses, impact on the factor markets.

Discuss the costs and benefits of collective action with regards to trade legislation. Why is it that trade restrictions are so prevalent when it is so easy to prove their negative impact on general welfare? (25 points)

Welfare economics looks at winners and losers through changes in consumer and producer surpluses. When the U.S. imposed tariffs on steel imports my relatives from the Iron Range of Minnesota were happy about the tariffs. My husband's employer manufactures potato harvesting equipment. They are facing higher steel costs as a result of the tariffs. Using a welfare economics explain in economic terms, the reason some businesses liking the tariffs and other businesses not liking the tariffs. What is the overall impact of the steel tariff when you look at both the winners and losers?

1. The government is thinking about a tax on potash of $00 per kg. The government knows that the elasticity of demand for potash is ε= -0.50, while the elasticity of supply is η=5. The current market equilibrium quantity is 10,000,000 kg, while the current equilibrium price that consumers pay is $5.00 per kg. Suppose that the tax is assessed on producers who collect the tax for the government.
   1. What is the statutory incidence of the tax? (You must show your work)
2. 2. What will be the economic incidence of the tax? (You must show your work)
3. 3. What will be the after-tax price that consumers pay? (You must show your work)
4. 4. What will be the after-tax quantity that consumers buy? (You must show your work
5. 5. What will be the after-tax price that producers receive? (You must show your work)
6. 6. How much revenue will be generated by the tax? (You must show your work)
7. 7. What will be the dead-weight loss from the tax? (You must show your work)
8. 8. What will be the efficiency-loss ratio? (You must show your work)

In 2015 Qualcomm, Inc., an American multinational semiconductor company, came under scrutiny for its business practices by the United States and the European Union. It was argued that Qualcomm was paying a major customer to exclusively use its chips. In addition, Qualcomm was accused of selling its chips below cost in order to drive one of its competitors, Icera Inc., out of the market. Based on what you have learned in this chapter, which of the following behaviors is Qualcomm engaging in, and if proven to have occurred, could be at odds with U.S. antitrust law? Instructions: select all statements that are true

Qualcomm was engaged in limit pricing

Qualcomm was foreclosing the chip market.

Qualcomm was engaged in predatory pricing.

Qualcomm was utilizing a first-mover advantage.

Select the correct economic criterion (maximize profit, minimize cost, maximize benefit) for each of the following scenarios:
A services contractor received a fixed price contract to install and maintain IT equipment for the city of San Diego. What is the economic criteria for the services contractor?
A couple has budgeted $15,000 for their wedding. What is the economic criterion for the couple planning their wedding?
A sandwich shop has found that decreasing the price of a sandwich increases sales but at a decreasing rate as price drops. What is the economic criteria for the sandwich shop?

Why is step 9 of the decision making process, audit the results, important? Why do you think firms often ignore this step?