Explain how uniformity can reduce price competition by strengthening cartels or increase price competition by reducing product differentiation.

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1. Explain how uniformity can reduce price competition by strengthening cartels or increase price competition by reducing product differentiation. 2. Competition drives prices down to costs, whereas monopolies price above cost. California banks have paid large damages for allegedly charging fees greater than the cost of certain services that they provide. Suppose a car manufacturer charges an additional $450 for an automatic transmission in a new car. What inefficiencies would result if the consumer could sue the manufacturer and make the company prove that $450 is not disproportionately above the actual cost of the automatic transmission?

Why would a monopolist ever want to distort the nonprice term by, say, limiting liability for harm caused by defective products?

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1. Monopoly distorts contracts by making prices too high. Why would a monopolist ever want to distort the nonprice term by, say, limiting liability for harm caused by defective products? 2. Assume that two kinds of buyers purchase contracts from a monopolist who promises to deliver goods in the future. One kind of buyer values the good more highly than the other. The monopolist would like to charge a higher price to the buyers who value the good more highly, but he cannot identify who they are. To overcome this problem, he offers two different contracts. One contract charges a high price and offers to pay high damages in the event that the seller fails to deliver the goods. The other contract charges a low price and offers to pay low damages in the event that the seller fails to deliver the goods. Explain why the two kinds of buyers might prefer different contracts. Explain why the monopolist might gain from offering two kinds of contracts. (In economic jargon, the “menu” of contracts “separates” the “pool” of buyers and permits “price discrimination.”)

The paper must concentrate on a topic chosen in week 3. The textbook must be used as one of the minimum three references for the paper. APA 6.0 format should be followed in regard to the completion of this paper. That means there must be a title page and a separate reference page. The paper must

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Requirements:

The paper must concentrate on a topic chosen in week 3. The textbook must be used as one of the minimum three references for the paper. APA 6.0 format should be followed in regard to the completion of this paper. That means there must be a title page and a separate reference page. The paper must be double spaced using Times New Roman 12 pt. font. Not counting the title and reference pages, the body of the research paper should be 5 – 7 pages. A minimum of three references should be cited in the body of the paper and shown on the reference page.

The post The paper must concentrate on a topic chosen in week 3. The textbook must be used as one of the minimum three references for the paper. APA 6.0 format should be followed in regard to the completion of this paper. That means there must be a title page and a separate reference page. The paper must appeared first on Infinitessays.org.

Explain the relationship between training program design and capabilities.

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Explain the relationship between training program design and capabilities. Identify the steps you would take to design a training to address high priority capabilities in your selected organization. • Based on what you have learned about your selected organization, develop a business case for upper management that will provide motivation for them to evaluate their training programs. • Thinking about the outcomes used in evaluating training programs, which ones would you recommend measuring for your selected organization and why? • Provide an example of a cost-benefit analysis that would be conducted with a training at your selected organization?