Question;Week 5 DiscussionTop of Form"Applications of Cost Theory" Please respond to the following:? * From the scenario, determine the appropriate type of market structure for the situation in question. Cite at least four (4) defining characteristics that have helped you reach this decision regarding the appropriateness of the chosen structure. Recommend two (2) kinds of pricing and output strategies that Katrina?s Candies should use to reach the goal of profit maximization. Suggest key modifications that Katrina?s Candies should make in order to maintain a competitive advantage when new entrants enter the market. Provide a rationale for your suggestions.? Imagine that you are a manager of a chemical company. An accident has occurred in which chemicals leaked into the ground water nearby. The community is unaware of the accident. Compare the primary costs involved in cleaning up the water immediately (and thus confessing) versus hiding your culpability now and possibly paying more in the future. Predict the impact on profitability in both situations. Justify your response.Week 6 DiscussionTop of Form"Market Structures" Please respond to the following:? * From the scenario, suggest substantive ways in which Herb and Renee may use the information in the table in order to ascertain the profit maximizing level of output and price. Provide a rationale for your decision.? Compare and contrast monopoly and oligopoly. Recommend one (1) change that a company under each market structure should make in order to better maximize profits. Justify your response.Week 7 DiscussionTop of Form?"Price Setting Strategies" Please respond to the following:? * From the scenario, determine to the importance of predicting the pricing strategies of rival firms in an industry characterized by mutual interdependence. Provide a rationale for your response.? Examine the common price setting strategies of airlines that use game theory. Predict the potential effects of such pricing strategies on the demand for seats, and conclude the resulting impact on the profitability of the airlines.Week 8 Discussion?"Organizational Form" Please respond to the following:? * From the scenario, examine the major implications for firms entering into a merger. Develop key guidelines to follow when creating the terms of the merger in order to benefit all parties concerned.? Examine two (2) organizational forms of business (e.g., functional, product, etc.). Predict the possible implications of the principal agent relationship for each of these organizational forms of business. Determine which of the organization forms would have more of an economic impact on the operations of the firm and its ability to maximize profits. Provide a rationale for your response.Week 9 Discussion?"Government Regulations" Please respond to the following:? * From the scenario, take a position as to whether government regulation is constraining or enabling in this situation, as it relates to the operational efficiency of the company. Speculate on the fundamental manner in which government regulation could impact the shareholders? wealth and profitability.? From the e-Activity, take a position on whether the banking industry needs more or less government regulation. Support your position with two (2) examples of the impact of regulation.Bottom of FormFrom the e-Activity, take a position on whether the banking industry needs more or less government regulation. Support your position with two (2) examples of the impact of regulation."Long-Term Investment" Please respond to the following:* From the scenario, suggest one (1) method in which Herb could use a cost-benefit analysis to argue for or against an expansion. Create three (3) optimal decision rules for Katrina?s Candies (e.g.., whether to hire more staff or hire temporary workers to meet production schedules).Assess both the short-term and the long-term costs and benefits of obtaining a graduate degree. Support your decision to obtain a graduate degree with a cost-benefit analysis of your particular situation."Transfer It" Please respond to the following:Propose two (2) applications of the knowledge that you have learned in this course to your current or a future position. Provide a rationale for your response.Create a list of three (3) best practices to follow in the field of managerial economics and globalization. Provide a rationale for your response.
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