Bee & flower is a brand that has been established for more than 30 years in China. His hair care is famous for its low price.ln China shampoo market occupies a certain position. Please analyze why he can succeed. (from the aspects of sales volume, profit, price comparison with other brands, operation mode: such as no advertising, etc.) you can go to Baidu website to find some information, or you can assume (e.g. suppose that a bottle of 500ml hair conditioner is priced at 20RMB, 1l is 18rmb, assuming that one third of the people in China use hair conditioner)
Q: As a part of their benefits program, Lonny's Grocery Store offers its employees a PTO package that…
A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If…
Q: A firm has the following average variable cost equation. AVC = 60 – 15Q+ Q? And the average total…
A: Average total cost is the sum of average variable cost and average fixed cost i.e., ATC = AVC + AFC…
Q: Region Real GDP per capita (2010) Average annual growth rate of real GDP per capita for 2010-2080…
A: Given that; Region Real GDP per capita (2010) Average annual growth rate of real GDP per capita…
Q: Author claims, “The pandemic was unexpected shock. Climate change and climate policy are known…
A: The aggregate demand curve shows the inverse relationship between the price level and the total…
Q: 3. NewTech wants to consider risk and return in evaluating the following alternatives: Probability…
A: Given , probability demands 0.3 for low , 0.5 for medium and 0.2 for high.
Q: Refer to Figure 6-1 What is total revenue for Dough!, given that it maximizes profits? (Write just…
A: A monopoly achieves its profit maximizing quantity where its marginal revenue (MR) is equal to…
Q: Explanation it correctly and in detail. Q)As long as there is free entry into a market:- A.…
A: If there is free entry and exit in the market, such markets generally have high competition due to…
Q: Monopolies -- Questions 10-15 refer to Figure 5-1 below, Figure 6-1: The diagram below depicts the…
A: Monopoly is the form of market where only single seller sale the products . And production decision…
Q: 5. Discuss three factors that give rise to participatory development.
A: Local communities are involved in development initiatives via participatory development (PD). Since…
Q: Uber is one of the giant private corporations and its mobile app allows people to arrange transport…
A: According to the kinked-demand theory, each firm's product has two demand curves. The firm will have…
Q: Discuss some of the trade-offs and the challenges of a move to an enterprise-level analytics…
A: In economics, the word "trade-off" refers to the reality that budgeting always entails losing some…
Q: Process X is estimated to have a fixed cost of $35,000 per year and a variable cost of $60 per unit…
A: From the question, we get the following date Estimated fixed cost of Process X = $35,000 per year…
Q: Ôn the following graph, use the green point (triangle symbol) to shade consumer surplus in the…
A: The curve that depicts various quantities of goods and services being produced in an economy at…
Q: A profit-maximizing firm in a perfectly competitive market continues to operate even though it is…
A: For Perfect competition, we know that P = MC AND P = MR In this question P<ATC so the firm is…
Q: ( Table: Investment Projects) Use Table: Investment Projects. If the market interest rate is 11.5%,…
A: A rate of return refers to the net gain or loss of an investment over a given time period, expressed…
Q: A firm has the following average variable cost equation. AVC = 60 – 15Q+ Q2 And the average total…
A: Average total cost is the sum of average variable cost and average fixed cost i.e., ATC = AVC + AFC…
Q: Author claims, “The pandemic was unexpected shock. Climate change and climate policy are known…
A: The aggregate demand curve shows the inverse relationship between the price level and the total…
Q: Why is high productivity important for a nation?
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Bob's lawn-mowing service is a profit-maximizing, competitive firm. Bob mows lawns for $25 each. His…
A: Profit Maximization is a objective of firm with given resources . Firm focuses either to minimise…
Q: A competitive firm has a single factory with the cost function C(q) = 5q?+ 79 and produces 32 units…
A: The adjustment to the total cost of production that results from producing or delivering one…
Q: Which of the four forms of industry competition have advertiking? Why is advertising experienced in…
A: The structure that depicts the classification and differentiation of industries based on nature and…
Q: What are the similarities between African and feminist Ethics.
A: similarities between African and feminist Ethics African Ethics African ethics is seen as hereditary…
Q: The aggregate change of consumption, Ċ(t) and the aggregate change of the capital stock, K(t), are…
A: We are going to find steady state capital and consumption to answer this question.
Q: A perfectly competitive firm maximizes its profit by producing the output at which its marginal cost…
A: "A perfectly competitive firm is a firm which is price taker. In perfectly competitive market there…
Q: 5. The price of trade Suppose that France and Denmark both produce oil and stained glass. France's…
A: A country has a comparative advantage in production of a good when it is able to produce the good at…
Q: Which of the following statements is true? a. In a finitely repeated prisoner’s dilemma, players…
A: Nash Equilibrium: A Nash equilibrium refers to one in which no one can get better without making…
Q: [Extended dynamic analysis] The market for wheat is affected by the recent unrest in Ukraine…
A: Market refers to the place where the buyers and sellers buy and sell goods and services in the…
Q: Tollowing graph shoWs the market Tor pear ver, where there are more than a es that Sell peanut…
A: We have given the supply and demand curve for peanut butter in Vancouver
Q: Is it true, as many people claim, that taxes assessed on producers are passed along to consumers?…
A: Taxes are obligatory contributions levied by a government agency on people or companies. Taxation…
Q: Zero coupon bond yields and oil forward prices for the next three years are: Year 3 Oil Forward…
A:
Q: (1) If the demand for product Y increases significantly, then A- the demand for the labor used to…
A: Dear student, you have asked multiple questions in a single post. In such a case, I will be…
Q: Oligopoly/Game Theory-- Questions 21-25 refer to Table 6-1 below. Two home-improvement stores (Lopes…
A: When Lopes increase the size of store and parking lot, the best response of HomeMax is to increase…
Q: 4. A decorator, who is a monopolist, makes two types of specialty picture frames. From experience,…
A: * SOLUTION :- (4) Given that , The X and Y frames are sold = (100-2x) Sold for each frame =…
Q: Two firms compete in the style of Cournot. Both firms have a constant marginal cost. No capacity…
A: Nash equilibrium is a concept used in game theory to describe the optimal answer in a…
Q: An award is being established, and itwill pay $11.200 every three years, with the fist installment…
A: C = 11,200 r = 3%
Q: the fourth and final year of a project, Glenny expects operating cash flow after taxes of P440,000.…
A: * SOLUTION :- Given that , The operating cash flow after taxes is = P440,000 investment in…
Q: 4. Suppose that Okun's law can be described by the following equation: Y-Y = -3(u – u') %3D Y* Where…
A:
Q: The price-supply and price-demand equations of a certain product are given by p = S(x) = 15 + 0.1x…
A: In this question:- Supply function=p=sx=15+0.1x+0.003x2 Demand function=Dx=p=M-Nx Total…
Q: Ampomah Group is a large is large Ghanaian consumer products company with origin in Nkawkaw in the…
A: Gross domestic product refers to the market value of final goods and services produced within the…
Q: Given the target reserve ratios, amounts of reserves and deposits shown in the table below, complete…
A: In this case we have been given with the values of target reserve ratio, reserves and the deposits…
Q: 123. The major difference between the PLC model and the BCG's Product Portfolio approach is that: a)…
A: The PLC model is a product's life cycle based on four stages: introduction, growth, maturity, and…
Q: If a monopolistically competitive market became perfectly competitive, output would likely: Choose…
A: Monopolistic competition: - monopolistic market structure is the structure in which there is a large…
Q: true or false: 21) The indivisible reserve of savings and credit cooperatives is NOT covered by…
A: Insurance is a policy wherein the protected party embraces to pay the safety net provider a set…
Q: Suppose two consumers, Jack and Suzy, have identical utility functions defined for pencils (P) and…
A:
Q: f patients receive more medical care in areas with greater medical care supply (holding medical care…
A: The doctor-patient connection is critical to the practice of medicine and is essential to providing…
Q: Economics 33. Is the following statement true or false? Explain. In a du enely cotoric paribuc…
A: Collusion is when two or more companies make an illegal agreement to limit competition. Collusion in…
Q: ART A Which of the following statements is true? A. In a finitely repeated prisoner’s dilemma,…
A: Answer - "Thank you for submitting the questions.But, we are authorized to solve one question at a…
Q: 1) Consider the long-run productior of shirts. The cost of the indivisible inpu 3 used in the…
A: Cost of invisible input used in the production of shirts = $400 per day. Addition cost of one shirt…
Q: what political, economic, religious and other social factors influence population policy
A: A country's political, social, and economic actions influence how individuals see various policies.…
Q: What are the types of Inflation?
A: Inflation is said to a sudden rise in the prices of the goods and services over a period of time in…
Step by step
Solved in 2 steps
- Explain why have no competitors caught up with Apple? Do you think Apple can sustain its success with so few products? What would you ask Apple to design next and why?PRICE (Dolars per bike) 2. How short-run profit or losses induce entry or exit Fantastique Bikes is a company that manufactures bikes in a monopolistically competitive market. The following graph shows Fantastique's demand curve, marginal-revenue (MR) curve, marginal-cost (MC) curve, and average-total-cost (ATC) curve. Place the black point (plus symbol) on the graph to indicate the short-run profit-maximizing price and quantity for this monopolistically competitive company. Then, use the green rectangle (triangle symbols) to shade the area representing the company's profit or loss. Now consider the long run in which bike manufacturers are free to enter and exit the market. Show the possible effect of this free entry and exit by shifting the demand curve for a typical individual producer of bikes on the following graph. 500 400 400 ATC 300 250 200 150 100 Mo Demand 0 ° 50 100 150 200 200 300 350 450 500 QUANTITY (Bikes) Monopolistically Competitive Outcome Profit or Loss Given the…The folowing diagram shows the curves for perceived demand, marginal revenue, and cost for Manuela's Pizza, which serves Mexican-style pizza. Manuela's is one of many other fast food restaurants in this town. MC Price and Cost ATC Demand Quantity of piezas Which statement describes the transibon to the long nun? Select the best answer. O More fast food restaurants will enter the market, and Manuela's demand curve will become more elastic. Manuela's will raise its prices since there is a large demand for its pizzas. O More fast food restaurants will enter the market, and Manuela's demand curve will become more inelastic. Manuela's will experience lower costs of production because it will expand its output.
- What are Coca-Cola's competitive advantages?The figure below shows the situation facing Smart Digit, Inc, a firm in monopolistic competition that produces calculators. What is the firm's economic profit per day? 20 16 MC ATC 12 MR 100 200 300 400 500 600 Quantity (calculators per day) 00 4. Price and costs (dollars per calculator)You own Athleticon, which manufactures athletic wear. Your new contract with Atlanta United, a professional soccer team, allows Athleticon to be the sole suppler of athletic wear with the “Atlanta United” logo. No one lese can manufacture athletic wear with the “Atlanta United” logo. What do you think will be Athleticon’s level of profitability on the sale of “Atlanta United” athletic wear? Explain why. Your contract with Atlanta United only lasts 3 years. It was not renewed. Other firms can now manufacture athletic wear with the “Atlanta United” logo It is now 5 years after your contract with Atlanta United was terminated. Any manufacturer that wants to can manufacture and sell athletic wear with the “Atlanta United” logo. What do you think will be the level of profitability and rate of return on manufacturing athletic wear with the “Atlanta United” logo? Explain why.
- Maria manages a bakery, that specializes in ciabatta bread, and has the following information on demand and costs: Ciabatta Bread Sold Per Price Total Cost Hour (Q) (P) (TC) $6.00 $1.50 1 5.50 5.00 2 5.00 7.50 3 4.50 9.50 4 4.00 11.00 3.50 12.00 6 3.00 12.50 7 2.50 13.50 8 2.00 15.50 a. To maximize profits, Maria should sell loaves of ciabatta bread per hour. (Enter your response as an integer.). Competitors in monopolistic competition have full control over- (A) The price of their product (B) Product quality (C) The shape of the market demand curve (D) The elasticity of product substitutions 8AMa. Use the information in this table tocalculate total revenue, marginal revenue, and marginal costs. Indicate the profit-maximizing level ofoutput. What market structure is this firm operating in? What would change if the structure were monopolistic competition? OUTPUT PRICE (GH¢) TOTAL COST (GH¢) 1 5 10 2 5 12 3 5 15 4 5 19 5 5 24 6 5 30 7 5 45 b. Under what circumstances would a large size provide an advantage to a firm? How could it serve as a barrier to entry? c. You and your rival must simultaneously decide what price to advertise in the weekly newspaper. If you each charge a low price, you each earn zero profits. If you each charge a high price, you each earn profits of GH¢3. If you charge different prices, the one charging the higher price loses GH¢5 and the one charging the lower price makes GH¢5.i. Find the equilibrium when there are no repeated transactions.ii. Now suppose there are repeated transactions. How would that change the results?
- Maria manages a bakery, that specializes in ciabatta bread, and has the following information on demand and costs: Ciabatta Bread Sold Per Hour (Q) Price (P) Total Cost (TC) 0 $6.00 $1.50 1 5.50 6.00 2 5.00 9.50 3 4.50 12.50 4 4.00 15.00 5 3.50 17.00 6 3.00 18.50 7 2.50 20.50 8 2.00 23.50 a. To maximize profits, Maria should sell nothing loaves of ciabatta bread per hour. (Enter your response as an integer.)Maria manages a bakery, that specializes in ciabatta bread, and has the following information on demand and costs: Ciabatta Bread Sold Price Total Cost Per Hour (Q) (P) (TC) $1.50 $6.00 1 5.50 6.00 5 00 4 50 9.50 3 12.50 4.00 15.00 5 3.50 17.00 6 3.00 18.50 7 2.50 20.50 8 2.00 23.50 a. To maximize profits, Maria should sell loaves of ciabatta bread per hour. (Enter your response as an integer.) Maria should charge a price of $ (Enter your response rounded to two decimal places.) Maria's maximum profit is S (Enter your response rounded to two decimal places.) b. The marginal revenue when selling the profit-maximizing number of loaves of ciabatta bread is S: (Enter your response rounded to two decimal places.) The marginal cost when selling the profit-maximizing number of loaves of ciabatta bread is S (Enter your response rounded to two decimal places.)MIcro: The company “Mike Broonie” operates in the market of monopolistic competition. Just now, the company weekly produces and sells 100 units of pillows for £12 each. The average total cost to produce the pillows doesn’t depend on the output, being £10 per unit. Having evaluated the price elasticity of demand for its product, the company concluded that demand is inelastic at the moment. a. What indicator characterizes the price elasticity of demand? What formula (or formulas) one can use to calculate this indicator? Choose any number for this indicator that, under the conditions specified in the case, could characterize the price elasticity of demand for the company “Mike Broonie”. b. Imagine that the owner of the company wants to increase the price of the company’s product. How will it affect sales, revenue, and profit (will each of these indicators increase, decrease, or remain the same)? Give here theoretically substantiated forecast. To increase the number of points…