which pricing strategy do you think was used by Snap? Examining at least 3 of the factors

Check each of the following that may exist in oligopolies and monopolistic competition when compared to pure competition.

increased efficiency

higher costs

less efficiency

more output than pure competition

lower output than pure competition

lower costs to consumers

Assignment : Article analysis from Newspaper

Question ONE (CLO1)( 5 marks)

In present COVID-19 circumstances the government put the restriction on the hiking the prices of the medical items such as “face mask, Sanitizer and the Hand gloves).

Similarly, during the “Ramadan” government put restriction on raising the prices of the essential commodities used during this festive month of “Ramadan”

Considering these situation Discuss concept of

(a) Price Celling and Price Floor ( support with different example)

(b) Analyze the outcome of government intervention by applying these two restrictions.

The home country imposes a limitation on the quantity of imported goods from other countries. How does this quota affect international equilibrium. Diagram using the offers curve and explain.

Diagram and explain what happens to international equilibrium using the offers curve when the foreign country supply of its exports falls due to higher input prices.

Which of the following is the best example of a substitute:

Group of answer choices

Apple iPhone vs. Samsung Galaxy

Porsche vs. Ferrari

Coke vs. Pepsi

Amtrak vs. Southwest Airlines

DirecTV spent millions of dollars to establish their satellite network. This was a significant investment that will take time for them to get a return but it also protects them from competition because of this barrier to entry:

Group of answer choices

Incumbency advantage

Capital requirements

Supply-side economies of scale

Customer switching costs

Widemedia felt they could leverage their existing capability for delivering online media to help them expand their business. It knew how to protect digital rights for video content and felt it would be easy to leverage that knowledge to protect digital rights for music content. They decided leverage that strength to enter the subscription music business. Which barrier to entry does this best illustrate?

Group of answer choices

Incumbency advantage

Capital requirements

Supply-side economies of scale

Demand-side economies of scale

Please answer the following questions:

1) List the five characteristics of pure monopoly.

2) Describe the demand curve facing a pure monopoly and how it differs from that facing a firm in a purely competitive market.

3) Explain why the marginal revenue is equal to the price in pure competition but not in monopoly.

4) Use the chart to solve the following:

Calculate the Marginal Cost at Q 100?

Calculate the Marginal Cost at Q 200?

Calculate the Marginal Cost at Q 300?

Calculate the Average Total Cost at Q 100?

Calculate the Average Total Cost at Q 200?

Calculate the Average Total Cost at Q 300?

4.2. The following information for the maize market is given:
Supply curve equation: QS = 1 650 + 230P (quantity supplied can, of course, never be negative)
Demand curve equation: QD = 3 250 – 256P
4.2.1. Calculate the equilibrium price and quantity from the given equations. (Hint: At equilibrium, QS = QD. Use this information to calculate the equilibrium price P and then substitute the value of P into either one of the equations to obtain the equilibrium quantity Q.) (4)
4.2.2. Calculate the price elasticity of supply for maize at equilibrium. (2)
4.2.3. Calculate the price elasticity of demand for maize at equilibrium. (2)
4.3. Consider two goods X and Y. The price of product X increases from R8 to R10 per unit. As a result, the quantity demanded of product Y decreases from 220 to 205 units.
Given the information above, calculate the cross-price elasticity of demand by indicating and using the midpoint (arc) formula.

Answer the following questions:

A- What is discretionary and non-discretionary fiscal policy?

B- What are the available tools of fiscal policy?

C- What is monetary policy and who conducts it?

D- What are the available tools of monetary policy?

Using these introductory questions, present a detailed essay-type analysis, with all the information from a reliable source, of what consists of at least three fiscal policy incentives and one monetary policy incentive as a consequence of the COVID-19. In total, at least four economic incentives that apply in Puerto Rico and/or the United States must be presented. In its analysis it must present a sequence of expected impact on the aggregate demand and aggregate supply curves and what the main incentive objective should be on the country's economic growth. It must present its arguments with all the analysis discussed in the course of the expected sequence of positive and negative reactions on the macroeconomic balance, identifying what type of fiscal and monetary policy is being activated and which macroeconomic variables (consumption, investment, government expenditure, exports and imports) are expected to be impacted.

Locate a recent article (published within the last year) that addresses the unemployment theory and unemployment rate of your selected country. Analyze your selected country's unemployment rate and how the key economic indicators align with the current phase of the business cycle. Include the following in your discussion.

• Identify how unemployment is calculated.
• Describe the different types of unemployment and state which type of unemployment you believe impacts your chosen country the greatest.
• State your selected country's unemployment rate.
• Discuss the four phases of the business cycle.
• Align the current phase of the business cycle with your selected country.

Airlines and hotels have many frequent-flyer and frequent-visitor programs in which individuals who fly the airline or stay at the hotel receive bonuses that are the equivalent to discounts.

Can you give other examples of such programs?

What is a likely reason why firms whose employees receive these benefits do not require their employees to give benefits to the firm?

Explain the South Korean international trade by one or two trade theories (example: Heckscher-Ohlin model difference in resources, gravity model difference in economic scale and distance)