User Account

All Pages

Big-box membership discount stores

Assignment Help Business Economics
Reference no: EM132813258

Choose a well-known industry whose key players could reasonably be considered an oligopolistic firm. Choose one of the 5 following industries:

-Big-Box Membership Discount stores (Costco, Sam's Club, or BJ's Wholesale)

-Wireless Carriers (Verizon, AT&T, Spring-Nextel, or T-Mobile)

-Soft Drink Giants (Coca-Cola or Pepsi)

-Music Labels (Sony BMG, Universal Music Group, Warner Music Group)

-Domestic Airlines (American Airlines, Delta Air Lines, Southwest Airlines, United Airlines)Prior to beginning this discussion question, take a moment to search online news sources to find current events that are impacting the industry that you have chosen. This could be as broad as a global economic shock or as specific as an industry-specific controversy. Find articles that keenly interest you and will be an engaging topic to discuss with your peers. Insert links to those news sources in your response, and then answer the following questions:

-Identify the two articles that you chose. Briefly (small paragraph) identify the impact of each news event on this industry.

-What aspects of the oligopolistic market structure influence the outcome of the news event(s) mentioned in the article(s)?

-How might your answer to #2 have differed if this market structure was less concentrated; in other words, how might your answer to #2 have differed if this market structure were a monopolistic competition as opposed to an oligopoly?

-When firms in this industry are determining what price to charge for its goods or services, what are some of the factors that they must take into consideration?

-How would each news event likely impact the market price of the goods or services being sold in this industry? Why?Additionally, be sure to respond substantively to a minimum of two of your fellow peers. When doing so, select peer responses that address different industries than your own - In your responses, address the following:

-How does one or both articles also impact the industry that you have chosen?

-What did you find most compelling about the article(s) that your peer chose for this assignment, and why?

Reference no: EM132813258

Questions Cloud

What effect these concerns have on compensation policy : What effect would these concerns have on the compensation policy you put in place
How might you encourage and enforce student integrity : What standards or norms might you use in class to address the need for ethics for all students? How might you encourage and enforce student integrity?
What would be marigold record entries : According to the bill, taxes of $25500 for the year ended December 31, 2021 are due by April 30, 2021. What would be Marigold's record entries?
Generational differences in the criminal justice workforce : Describing the different generations in the workforce, focusing on approaches for managing and leading criminal justice agencies.
Big-box membership discount stores : Choose a well-known industry whose key players could reasonably be considered an oligopolistic firm. Choose one of the 5 following industries:
What is the amount of depreciation expense for fifth year : What is the amount of depreciation expense for the fifth year under each of the company changes to the sum-of-the-years' digits independent accounting changes?
Calculate deferred tax assets and deferred tax liabilities : Calculate Deferred Tax Assets and Deferred Tax Liabilities as at 30 June 2020. Show your calculations by creating columns for carrying amount
Calculate cynthia canada pension plan contribution : Calculate Cynthia's Canada Pension Plan contribution on the bonus. Cynthia will not reach the annual maximum for CPP contributions
Prevent sexual offending and recidivism : The goal of sex offender legislation is to prevent sexual offending and recidivism. Do the current sex offender laws achieve this goal?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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