Reference no: EM13206077
Go to the federal trade commissions and select FTC conditions irving oil's proposed acquisition of exxon mobil assets in maine.group discussion board, present a complete description of the industry.
•Second, in another group discussion board, present two arguments: One in support of the merger and the other opposing the merger.
•Finally, write a 5-8 page paper that contains the industry description, and the two arguments.
•Set-up a group discussion board and post the following information.
Part 1) Industry Description:
1.Describe the firms in the proposed merger. List their annual sales, and extent of their operations.
2.From the firms' point of view, what are some of the incentives to consolidate?
3.List and describe the firms in the industry.
4.Describe the product, production methods, scale of production, and sources for raw materials. What technologies are used?
5.Describe the competitive environment within the industry. Is there a dominant firm? Are the other firms follow or actively compete? How do they compete? (For example, by using price, advertising, quality or some other variable.)
6.Report and interpret the 4 firm concentration ratio, the 8 firm concentration ratio and the Herfindahl Herschler Index for the industry.
Part 2) Two Arguments:
In a separate group discussion board, present two arguments. The first should argue in favor of the proposed merger, from the perspective of the firms. The second agrues against the proposed merger from the perspective of the broader public interest. In those arguments, answer the following questions.
1.Explain the importance of competition among firms.
2.Explain whether the competitive environment in this industry benefits society or not.
3.Is a high degree of market concentration a boon or threat to consumers? Explain. Use either the allocative efficiency or dynamic efficiency arguments.
4.Can the oligopoly market structure benefit both consumers and businesses by forging common standards in industries that experience rapid technological change?
|
Estimate the slope of the curve
: Estimate the slope of the curve y = f(t) at t = 0 .2 . In principle, what is the relationship between this slope and the instantaneous speed?
|
|
Explain the principal-agent problem and moral hazard
: Insurance companies must provide insurance to drivers who may take risks that go unreported because they don't wreck or get ticketed (or if they do wreck or get ticketed, it goes unreported to the insurance company).
|
|
Find the 99% confidence interval of the mean number
: A random sample of 48 days taken at a large hospital shows that an average of 38 patients were treated in the emergency room (ER) per day. The standard deviation of the population is 4.
|
|
How many times the mass of earth is the mass of the sun
: The mass of Earth is about 6 x 1021 metric tons. The mass of the sun is about 1.998 x 1027 metric tons. About how many times the mass of Earth is the mass of the sun? Express the answer in scientific notation.
|
|
What are some of the incentives to consolidate
: In a separate group discussion board, present two arguments. The first should argue in favor of the proposed merger, from the perspective of the firms. The second agrues against the proposed merger from the perspective of the broader public intere..
|
|
Where the kentucky derby is held the first saturday
: The Kentucky Derby is held the first Saturday in May at Churchill Downs in Louisville, KY. The racing track is one and one-quarter miles. The winners since 1990, their margin of victory, the winning time, and the payoff on a $2 bet.
|
|
What is the probability that the mean daily revenue
: The owner of a computer repair shop had determined that their daily revenue has been mean $7200 and standard deviation $1200. The daily revenue totals for next 30 days will be monitored. What is the probability that the mean daily revenue for the ..
|
|
Compute the arithmetic mean annual rate of return
: Analyze the most significant driver in an efficient market and whether or not you would characterize the U.S. markets as efficient. Provide support for your position and construct an argument for the average investor to consider diversifying into i..
|
|
Show the contingency table of the expected frequencies
: The results of a recent study regarding smoking and three types of illness are shown in the following table.
|