How can they be for competition and against

Assignment Help Business Economics
Reference no: EM132123982

Explain and discuss the following quote:

"Politicians can be strange. They have been calling for the breakup of firms as diverse as energy companies and tech giants like Microsoft and Google because they believe these companies are 'harming competition,' but then they declare they are against outfits like Uber competing with taxi companies and Airbnb competing with established hotels. How can they be for competition and against it at the same time?"

Reference no: EM132123982

Questions Cloud

Identify the global societal problem - gender inequality : Describe background information on how that problem developed or came into existence. Show why this is a societal problem. Provide perspectives from multiple
Output per worker has been increasing : Consider the following production function that is already written in per worker terms: y = Akah 1-a where h represents human capital per worker.
What challenges do you face with your time management : Which of the time management strategies offered in the reading do you employ, or might you employ, for your time management? Why?
Determine how to maintain the improvements : Determine how to maintain the improvements. Determine how to monitor and control improvements.
How can they be for competition and against : How can they be for competition and against it at the same time?"
Economic disparities around the globe : Has globalization increased or decreased social and economic disparities around the globe? Can you please provide details.
Develop a minimum of three quantitative forecasts : Choose the one forecast you determine would be the best for the firm and be prepared to explain why you chose this.
Expertise and knowledge of company personnel : Companies persue closer coordination and collaboration with channel suppliers to better address customer needs inorder to
Netflix purchased the dvd : A student raises her hand in class and states, "I can legally copy any DVD I get from Netflix because Netflix purchased the DVD and the copyright only

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!

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