described by: Q = 5000 - 200P Firm 1 has a unit cost of production c1 equal to 6 whereas firm 2 has a higher unit cost of production c2 equal to 10. a. What is the Bertrand-Nash equilibrium outcome? b. What are the profits for each firm? c. Is this outcome efficient? Answer: (a) At equilibrium‚ assuming that if both firms charge the same price‚ then the firms split the market evenly. (b) The higher cost firm makes zero profit‚ whereas the lower cost firm’s profit is (c) No‚
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introduce a mid-priced 2 version of the firm’s DC6900 minicomputer product line-the DC6900-X minicomputer. The DC6900-X would sell for $ 3900‚ 3 with unit variable costs of $ 1‚800. Projections made by an independent marketing research firm indicate that the DC6900-X 4 would achieve a sales volume of 500‚000 units next year‚ in its first year of commercialization. One-half of the first year’s 5 volume would come from competitors minicomputers and market growth. However
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Harvard Business School Airborne Express Case Study Q1. How and why has the express mail industry structure evolved in recent years? How have the changes affected small competitors? The Express mail industry in the United States had a volume of $16-17 billion on expedited shipments in the year 1996. In the years before shipment volumes has risen 15-20% per year. However due to higher competition prices have fallen which resulted in a rise of only 10-15% in total revenues. As an example of
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WOMEN’S EMPOWERMENT IN INDIA An Analytical Overview Prepared by Reecha Upadhyay General Overview Women’s empowerment in India is heavily dependent on many different variables that include geographical location (urban/rural)‚ educational status‚ social status (caste and class)‚ and age. Policies on women’s empowerment exist at the national‚ state‚ and local (Panchayat) levels in many sectors‚ including health‚ education‚ economic opportunities‚ gender-based violence‚ and political participation
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Unit 5 Practice Evidence Record Diary Task 1 P5.1- An example of a way I have worked as part of a team is helping out in the 2-3 years old room when the room was busy and the setting was less of staff. Another example of a way I worked as part of a team was by helping the practitioners follow parent’s wishes. An example of this was ensuring the babies did not sleep for longer than their parents had said. For example there were twins who were 11 months old who came to the setting at 8am till
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Have you ever felt miserable with sniffles and sneezing from a common cold and reaching for a bottle of Airborne® supplements to treat your cold symptoms? Or paranoid of getting sick in a closed congested area like a airplane? It’s not uncommon to take this supplement for a immune booster. Airborne is an herbal and vitamin supplement that was created by former second-grade school teacher Victoria Knight McDowell. Combined with all essential nutrients; zinc‚ magnesium‚ selenium‚ echinacea‚ forsythia
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the low-cost leadership in the beginning. This meant that even though all customers were getting the same service for the same price‚ it was at the convenience of UPS. Due to the evolution of the company‚ UPS moved to a customer relationship. This allowed the same results as FedEx but they stayed true to their own mission. o What is Airborne Strategy? How does Airborne‚ a relatively small player‚ manage to perform so well in an industry dominated by two giants? Airborne uses low-cost leadership
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INTRODUCTION 1. INTRODUCTION Airborne Internet is a concept that overlays computer network theory and principles into the transportation realm. The goal is to create information connectivity by providing a general purpose‚ multi-application data channel for people in transit. It is an approach to provide a general purpose high speed digital network to aviation. In doing so it has the potential to provide significant cost savings for aircrafts operators and the FAA‚ as
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The History of The 101st Airborne The one hundred and first airborne won their fame and reputation during the Second World War‚ the one hundred and first Airborne Division (Air Assault) can trace its lineage back to World War I. In the build up for the Great War‚ the 101st Division was originally activated on July 23‚ 1918. The Division was demobilized in December of 1918. In 1921 the 101st Infantry Division was reconstituted as a reserve unit with headquarters in Wisconsin. This is where the
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What Factors Influence Cost Per Hire of Attorneys? Alana Washington University of Maryland University College This research paper was prepared for AMBA 600‚ Section 1141‚ MBA Fundamentals taught by Professor Yitshak Merin Summary Attracting quality talent requires investment. In today’s competitive business environment it takes money to attract talent and it takes talent to make money. This research paper will explore the monetary investment required
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