What do you think will happen to cso diamond advertising

Assignment Help Econometrics

Reference no: EM131431050

One of the world's most successful cartels has been the Central Selling Organization (CSO), which controls about threequarters of the world's diamonds. This collusive oligopoly has kept diamond prices high by restricting supply. The CSO has also promoted the general consumption of diamonds through advertising and marketing. New supplies of diamonds have been found in Canada and Russia. These new mines, which are outside the direct control of the CSO, want to sell their diamonds on the open market.

a. What would you predict will happen in the market for diamonds if these new mines do not cooperate with the cartel?

b. What do you think will happen to CSO diamond advertising?

Reference no: EM131431050

Questions Cloud

Draw a graph showing a monopolistically competitive firm : What must be true of price versus average total cost for such a firm? What will happen to the firm's demand curve as a result of the short-run profits?

Changes implemented under the patient protection : How do you feel hospitals are being affected by the changes implemented under the Patient Protection and Affordable Care Act (PPACA)? As a hospital CEO, which kinds of strategic management should you be doing right now to prepare for PPACA phase-in o..

Other reporting tools-solutions available in the marketplace : What are other reporting tools/solutions available in the marketplace? Let's discuss Enterprise Reporting Tools such as Crystal Reports, Microsoft Reporting Services, and so on. Why would you use these tools?

Epistemological and ontological assumptions : Finally, describe the extent to which the epistemological and ontological assumptions of your chosen theory align with the philosophical orientation that reflects your worldview.

What do you think will happen to cso diamond advertising : What would you predict will happen in the market for diamonds if these new mines do not cooperate with the cartel?

Find confidence interval for true mean alos for patients : Is there any evidence to suggest that Vancouver Coastal Health will receive performance funding money? Justify your answer.

How good a job that the salesperson did as well as anything : MKT 309- You are to give your general evaluation of how good a job that the salesperson did as well as anything you would have preferred as far as how you were treated.

Description of the disease-condition you selected : Description of the disease/condition you selected and the data sources you would use. Justify your selection of each of the data sources you identified. Briefly address the case protocol (if appropriate) for the data sources and describe how the a..

Determine the expected number of new clients per month : At a computer-consulting firm, the number of new clients that they have obtained each month has ranged from 0 to 6. The number of new clients has the probability distribution that is shown below. Determine the expected number of new clients per month..

User Account

All Pages