Duopoly - Study guides, Revision notes & Summaries

RYANAIR CASE ANALYSIS. EXECUTIVE SUMMARY RYANAIR CASE ANALYSIS 2 The purpose of this case study is to provide an analysis on Ryanair’s position and strategy in the airline industry. Potential problems such as increased competition, changes in legislation, controversial ancillary revenue, poor customer service, ethical dilemmas, and how they impact Ryanair’s future strategy and success are examined. Porter’s five forces model and managerial frameworks including the resource-based, ...

RYANAIR CASE ANALYSIS. EXECUTIVE SUMMARY RYANAIR CASE ANALYSIS 2 The purpose of this case study is to provide an analysis on Ryanair’s position and strategy in the airline industry. Potential problems such as increased competition, changes in legislation, controversial ancillary revenue, poor customer service, ethical dilemmas, and how they impact Ryanair’s future strategy and success are examined. Porter’s five forces model and managerial frameworks including the resource-based, in...

CFA level 1 Exam With Complete and Correct Answers 2023 private value auctions - CORRECT ANSWER-Value is subjective and different to each bidder Ascending price (English) auction - CORRECT ANSWER-Bidders can bid amounts greater than the previous bid, and the bidder that first offers the highest bid wins the item and pays the amount Sealed bid auction - CORRECT ANSWER-Each bidder submits one bid, which is unknown to the other bidders and the bidder with the highest bid wins the item ...

to what extent is uk democracy in need of reform participation levels voter turnout has been decreasing since 1964. 1964 turnout = 77%, 2019 turnout = 67% comparatively - most european elections have 80%+, USA 2017 - 49% to what extent is uk democracy in need of reform party membership party membership has been declining since 1950: conservative party - 2.8m - 200k - this is a less prevelant indicator than electoral turnout to what extent is uk democracy in need of reform - public trust in...

1. Market structures (8 marks) Using the IBISWorld database and the market model characteristics, briefly describe the structure, conduct, and performance of the Australian Sugarcane Growing industry. What market structure does this industry resemble? As a minimum, you should address: (a) The structure and key features of the industry (1 mark) The industry resembles a perfect market competition structure because the prices of the products are provided by the manufacturers, specifically based...

MCS 005 Comprehensive Study Guide Updated 2023/2024 Solutions Zoopraxiscope - a machine for projecting slides onto a distant surface Kinetograph - William Dickson's early motion picture camera Cinematographe - Lumiere brothers' device that both photographed and projected action (1895) Nickelodeons - The first movie houses; admission was one nickel (1910) Thomas Edison - built first motion picture studio in New Jersey Motion Picture Patents Company - formed by Thomas Edison, attempted t...

Duopoly - -An oligopoly consisting of only two firms is a duopoly. Each firm is a duopolist. With only two firms in the industry, each realizes that by producing more, it would drive down the market price. So each firm, like a monopolist, realizes that profits will be higher if it limits its production. -Collusion - -Sellers engage in collusion when they cooperate to raise each other's profits. -Cartel - -The strongest form of collusion is a cartel, an agreement by several producer...

A firm cannot price discriminate if - ANSWER it operates in a competitive market A movie theater can increase its profits through price discrimination by charging a higher price to adults and a lower price to children if it - ANSWER can prevent children from buying the lower-priced tickets and selling them to adults Suppose a monopolist is able to charge each customer a price equal to that customer's willingness-to-pay for the product. Then the monopolist is engaging in - ANSWER perfect p...

Communicating effectively with an older person as a caregiver. - Answer -Remember that they often feel as though they are a burden to the caregiver. -Positive messages, show desire to help. -REMINISCING: Should be encouraged by caregivers. To talk about the past is an important part of the aging process. -it can remind them o their persona resources for dealing with choices, problems, and losses. -Confidence and Self-Esteem -If reminiscing stimulates negative memories, it should no...

A trade _____ is an economic condition in which a nation imports more than it exports. - Correct answer-deficit The _____ theory viewed international trade as a zero-sum game. - Correct answermercantilism Which of the following is a classical theory of international trade? - Correct answerComparative advantage theory The _____ theory is based on the assumption that the wealth of the world is fixed. - Correct answer-mercantilism Factor endowment is _____. - Correct answer-the extent to whic...