What economic forces result in the dissipation of economy

Assignment Help Macroeconomics

Reference no: EM13224610

It is a typical Christmas electronics shopping season, and makers of flat-panel TVs are marketing the latest available models through their own Web sites as well as via retailers such as Best Buy and Wal-Mart. Each manufacturer offers its own unique versions of flat-panel TVs in differing arrays of shapes and sizes. As usual, each is hoping to maintain a stream of economic profits earned since it first introduced these most recent models late last year or perhaps just a few months before Christmas. Nevertheless, as sales figures arrive at the headquarters of companies such as Dell, Samsung, Sharp, and Sony, it is clear that most of the companies will end up earning only a normal rate of return this year.

a) How can makers of flat-panel TVs earn economic profits during the first few months after the introduction of new models?

b) What economic forces result in the dissipation of economic profits earned by manufacturers of flat-panel TVs?

Reference no: EM13224610

Questions Cloud

Explain nitrogen in a molecule of nitrogen dioxide : What is the redox number for nitrogen in a molecule of nitrogen dioxide

Who are the advertisements targeted towards : Who are the advertisements targeted towards? What assumptions do the advertisements make about the target audience/consumers of the video game?

Exhibits the smallest rise in temperature : In response to the same input of heat, which one of the following substances exhibits the smallest rise in temperature?

What is the arrival rate : There are currently three cashiers with dedicated lines (single channel system). The customer arrival rate for a line is 10/hr and the service rate is 12/hr. A newly hired manager decides to merge all the times to create a multichannel system.

What economic forces result in the dissipation of economy : Each manufacturer offers its own unique versions of flat-panel TVs in differing arrays of shapes and sizes. As usual, each is hoping to maintain a stream of economic profits earned since it first introduced these most recent models late last year.

Explain the concept of protectionism : Explain forces leading companies to pursue international operations and explain the concept of protectionism. Describe at least one impact to international business strategy.

Social change-political action-demographic trends : A marketing manager will adopt their product-market strategies to accommodate changing environmental forces. Provide examples of how social change, political action, demographic trends, economic fluctuations, and/or attitudes have influenced strategi..

What is the total crash cost : If you have to crash the project to compete it in 37 weeks, what activitie swill you crash and in what order? What is the total crash cost?

Explain the titration curve for hydrochloric acid : Give three differences that might be noted between the titration curve for hydrochloric acid and a titration curve for a weak unknown acid?

User Account

All Pages