Reference no: EM132185196
Integrating Case Study on Market Structure
In Bayonne, New Jersey, there is a large beauty salon and a number of smaller ones. The total demand function for hair styling per day is Q = 180 - 10P, where P is in dollars. The marginal cost function of all the small salons together is SMCF = 4 + 0.1Q, and the marginal cost function of the dominant or leading salon is MCL = 7 + 0.1Q.
(a) Draw a figure showing DT, SMCF, MCL, DL, MRT, MRL, and the horizontal summation of (SMCF and MCL).
(b) Determine the best level of output and price for hair styling for the leader salon and for the smaller salons if the large salon operates as the price leader. How many stylings will the leader salon supply per day? How many will the smaller salons supply together?
(c) If the large salon forms a centralized cartel, what would be the best level of output per day and price? How much will be supplied by the leader salon and by all smaller salons together if the cartel wants to minimize the total costs of producing the best level of output for the cartel as a whole?
(d) What would be the equilibrium output level and price if the large salon did not exist and the small salons operated as perfect competitors?
(e) What would be the best level of output and price if the large salon did exist in the market and operated as a perfect competitor, just like the small salons?
What comparisons would you want to build into your design
: What comparisons would you want to build into your design? What would you want to measure to see whether the program was effective?
|
The defendant ran self-service shop
: This case said that the defendant ran a self-service shop in which non-doctor prescribed medications and prescriptions,
|
Weighted average cost of capital for zinger corporation
: Zinger's tax rate is 46%. Zinger's cost of debt is 4.86%; their cost of preferred stock is 6.19%, and their cost of common equity is 16.1%.
|
Expect your return to be without the? leverage
: That? is, what would your return be if you? didn't borrow any money and? instead, the entire? $10,000 invested was your? money? (percent with 2?decimals)
|
What would be the equilibrium output level
: What would be the equilibrium output level and price if the large salon did not exist and the small salons operated as perfect competitors
|
Describe two decision support systems
: Research and describe two decision support systems (names, features, pros and cons) that you recommend. Explain why. Also, briefly describe their data mining.
|
Market offerings with similar sales potential
: The segmentation process begins by grouping: market offerings with similar sales potential. customers with similar lifetime values.
|
Describe and define internal and external analysis
: The purpose of this assignment is to help students understand strategic business terminology (vision, mission, goals, objectives, specific objectives.
|
Human resources and supply chain management
: Discuss how human resources might affect a company’s strategic planning process.
|