Question : 15.1 Is Any Firm Ever Really a Monopoly? 1) The reason : 1387895

15.1 Is Any Firm Ever Really a Monopoly?

1) The reason that the Fisherman’s Friend restaurant in Stonington, Maine had a monopoly on selling seafood dinners in that town is most likely due to

A) a government-imposed barrier.

B) occupational licensing.

C) no competitors apparently found the profit level attractive enough to enter the market.

D) the restaurant owned all the fresh seafood in the state.

2) A monopoly is a seller of a product

A) with many substitutes.

B) without a close substitute.

C) with a perfectly inelastic demand.

D) without a well-defined demand curve.

3) If we use a narrow definition of monopoly, then a monopoly is defined as a firm

A) that has been granted special production rights by the government.

B) that can ignore the actions of all other firms because it produces a superior product compared to its rivals’ products.

C) that can ignore the actions of all other firms because it produces a product for which there are no close substitutes.

D) that has the largest market share in an industry.

4) Which of following is the best example of a monopoly if we use a broader definition of monopoly?

A) Spuds McKenzie, a wealthy potato farmer in Idaho

B) Cheap Gas, one of two gasoline stations in a large rural community

C) Santos Tacos, the only taqueria in the small town of Santosville

D) Zippie Rentals, a sports car rental service in the downtown Boston area

5) In Walnut Creek, California, there are three very popular supermarkets: Safeway, Whole Foods and Lunardi’s. While Safeway remains open twenty-four hours a day, Whole Foods and Lunardi’s close at 9 pm. Which of the following statements is true?

A) Safeway is a monopoly all day because it produces a service that has no close substitutes.

B) Safeway has a monopoly at midnight but not during the day.

C) Safeway can ignore the pricing decisions of the other two supermarkets.

D) Safeway probably has a higher markup to compensate for its higher cost of production.

6) A monopoly is characterized by all of the following except

A) there are only a few sellers each selling a unique product.

B) entry barriers are high.

C) there are no close substitutes to the firm’s product.

D) the firm has market power.

7) Peet’s Coffee and Teas produces some flavorful varieties of Peet’s brand coffee. Is Peet’s a monopoly?

A) Yes, there are no substitutes to Peet’s coffee.

B) No, although Peet’s coffee is a unique product, there are many different brands of coffee that are very close substitutes.

C) Yes, Peet’s is the only supplier of Peet’s coffee in a market where there are high barriers to entry.

D) No, Peet’s is not a monopoly because there are many branches of Peet’s.

8) In 2011, Microsoft filed a complaint with the European Commission accusing Google of taking steps to monopolize the Internet search engine business. Microsoft’s primary complaint was that

A) Google is the only Internet search engine available to Windows operating system users.

B) the European Union contracts exclusively with Google for its Internet search engine use.

C) Google was using its dominant position as an Internet search engine to exclude competitors.

D) Google owns the Internet advertising companies that pay for ads on search engine sites, and has prohibited ads from being sold to competitors.

9) A firm that has the ability to control to some degree the price of the product it sells

A) is also able to dictate the quantity purchased.

B) faces a demand curve that is inelastic throughout the range of market demand.

C) is a price maker.

D) faces a perfectly inelastic demand curve.

10) A monopolist faces

A) a perfectly elastic demand curve.

B) a perfectly inelastic demand curve.

C) a horizontal demand curve.

D) a downward-sloping demand curve.

Continue to order Get a quote

July 1, 2023

COURSE CODE: BCOBM124. Responsible Management. Gustavo Páez. Task Brief & Rubrics

Task

This task is to be completed individually.

The student will be writing an
Informational Research Essay in Harvard Style on one of the topics below

Your topic must be well supported by relevant sources (academic sources on Ebscohost or Harvard Business Review, INC, Forbes, McKinsey & Company, Gallup, etc.). Blogs (including Linkedin) and corporate websites are NOT valid sources.

Your
Informational Research Essay must include a
clear thesis statement. This is the last sentence of the Introduction paragraph which clearly states the three ideas you will write about in your essay.

Topics: Select one topic from this list.

· The impact of sustainable development on modern businesses.

· The impact of corporate social responsibility on a company.

· The importance of a digital marketing strategy to small businesses.

· The impact of managing the triple bottom line on the company’s performance.

· The effects of a company’s environmental practices on consumer trust.

· The ways a company can create a healthy and more balanced work environment.

· The impact of ethics on a company.

· The principle of Human Resource Management and its impact on a company.

Formalities:

·
Word Count: 1500 to 1800 words.

· Cover page, Index page, References, and Appendix are excluded from the total word count.

· Prepare an Appendix page to follow the Reference page, for your summaries, paraphrases, graphs, charts, images, etc.

· Font: Arial 12.5 pts.

· Text alignment: Justified.

· The in-text References and the Bibliography in
Harvard referencing style.

Submission: Week 13 – Via Moodle (Turnitin).
Sunday, 12 May 2024
before 23.59 CET

You must upload your document via Turnitin in Moodle.

Weight: This task is 60% of your total grade for this subject.

It assesses the following learning outcomes:

· Identify and analyze the principle of Responsible Management

· Identify and analyze an issue related to one of the key topics in the course.

· Develop, research, and develop an Informational Research Essay.

Rubric for Written Report and Research Writing.	Exceptional 90-100	Good 80-89	Fair 70-79	Marginal fail 60-69
Knowledge & Understanding (30%)	The student demonstrates an excellent understanding of key concepts and uses vocabulary in an entirely appropriate manner.	The student demonstrates a good understanding of the task and mentions some relevant concepts and demonstrates the use of the relevant vocabulary.	The student understands the task and provides minimum theory and/or some use of vocabulary.	The student understands the task and attempts to answer the question but does not mention key concepts or use a minimum amount of relevant vocabulary.
Application (20%)	The student applies fully relevant knowledge from the topics delivered in class.	The student applies mostly relevant knowledge from the topics delivered in class.	The student applies some relevant knowledge from the topics delivered in class. Misunderstanding may be evident.	The student applies little relevant knowledge from the topics delivered in class. Misunderstands are evident.
Critical Thinking (20%)	The student critically assesses in excellent ways, drawing outstanding conclusions from relevant authors.	The student critically assesses in good ways, drawing conclusions from relevant authors and references.	The student provides some insights but stays on the surface of the topic. References may not be relevant.	The student makes little or no critical thinking insights, does not quote appropriate authors, and does not provide valid sources.
Communication (30%)	The student shows exceptional understanding of paraphrasing and summarizing skills. The student quotes exceptionally well to support his/her ideas. Flawless use of Harvard referencing conventions. Flawless grammar, spelling, and correct word count. Correctly created and attached an appendix.	The student shows good understanding of paraphrasing and summarizing skills. The student quotes well to support his/her ideas. Makes correct use of Harvard referencing conventions. Good grammar, spelling, and close to correct word count. Created and attached an appendix.	The student shows marginally inadequate understanding of paraphrasing and summarizing skills. The student uses quotes that are sometimes irrelevant to his/her ideas. Makes use of Harvard referencing conventions sometimes or with many Mistakes/omissions. Some clarity and concision. It may be slightly over or under the word count limit. Some misspelling errors may be evident. Attached is an appendix.	The student communicates their ideas in a somewhat unclear and unconcise way. Does not reach or does exceed word count excessively and misspelling errors are evident. The student does not show understanding of paraphrasing and summarizing skills. The student uses quotes that are irrelevant or do not quote at all. Incorrect use of Harvard with multiple errors or failure to use said conventions. Did not attach an appendix.

July 1, 2023

COURSE CODE: BCOBM124. Responsible Management. Gustavo Páez. Task Brief & Rubrics

Task

This task is to be completed individually.

The student will be writing an
Informational Research Essay in Harvard Style on one of the topics below

Topics: Select one topic from this list.

· The impact of sustainable development on modern businesses.

· The impact of corporate social responsibility on a company.

· The importance of a digital marketing strategy to small businesses.

· The impact of managing the triple bottom line on the company’s performance.

· The effects of a company’s environmental practices on consumer trust.

· The ways a company can create a healthy and more balanced work environment.

· The impact of ethics on a company.

· The principle of Human Resource Management and its impact on a company.

Formalities:

·
Word Count: 1500 to 1800 words.

· Cover page, Index page, References, and Appendix are excluded from the total word count.

· Prepare an Appendix page to follow the Reference page, for your summaries, paraphrases, graphs, charts, images, etc.

· Font: Arial 12.5 pts.

· Text alignment: Justified.

· The in-text References and the Bibliography in
Harvard referencing style.

Submission: Week 13 – Via Moodle (Turnitin).
Sunday, 12 May 2024
before 23.59 CET

You must upload your document via Turnitin in Moodle.

Weight: This task is 60% of your total grade for this subject.

It assesses the following learning outcomes:

· Identify and analyze the principle of Responsible Management

· Identify and analyze an issue related to one of the key topics in the course.

· Develop, research, and develop an Informational Research Essay.

Rubric for Written Report and Research Writing.	Exceptional 90-100	Good 80-89	Fair 70-79	Marginal fail 60-69
Knowledge & Understanding (30%)	The student demonstrates an excellent understanding of key concepts and uses vocabulary in an entirely appropriate manner.	The student demonstrates a good understanding of the task and mentions some relevant concepts and demonstrates the use of the relevant vocabulary.	The student understands the task and provides minimum theory and/or some use of vocabulary.	The student understands the task and attempts to answer the question but does not mention key concepts or use a minimum amount of relevant vocabulary.
Application (20%)	The student applies fully relevant knowledge from the topics delivered in class.	The student applies mostly relevant knowledge from the topics delivered in class.	The student applies some relevant knowledge from the topics delivered in class. Misunderstanding may be evident.	The student applies little relevant knowledge from the topics delivered in class. Misunderstands are evident.
Critical Thinking (20%)	The student critically assesses in excellent ways, drawing outstanding conclusions from relevant authors.	The student critically assesses in good ways, drawing conclusions from relevant authors and references.	The student provides some insights but stays on the surface of the topic. References may not be relevant.	The student makes little or no critical thinking insights, does not quote appropriate authors, and does not provide valid sources.
Communication (30%)	The student shows exceptional understanding of paraphrasing and summarizing skills. The student quotes exceptionally well to support his/her ideas. Flawless use of Harvard referencing conventions. Flawless grammar, spelling, and correct word count. Correctly created and attached an appendix.	The student shows good understanding of paraphrasing and summarizing skills. The student quotes well to support his/her ideas. Makes correct use of Harvard referencing conventions. Good grammar, spelling, and close to correct word count. Created and attached an appendix.	The student shows marginally inadequate understanding of paraphrasing and summarizing skills. The student uses quotes that are sometimes irrelevant to his/her ideas. Makes use of Harvard referencing conventions sometimes or with many Mistakes/omissions. Some clarity and concision. It may be slightly over or under the word count limit. Some misspelling errors may be evident. Attached is an appendix.	The student communicates their ideas in a somewhat unclear and unconcise way. Does not reach or does exceed word count excessively and misspelling errors are evident. The student does not show understanding of paraphrasing and summarizing skills. The student uses quotes that are irrelevant or do not quote at all. Incorrect use of Harvard with multiple errors or failure to use said conventions. Did not attach an appendix.

July 1, 2023

COURSE CODE: BCOBM124. Responsible Management. Gustavo Páez. Task Brief & Rubrics

Task

This task is to be completed individually.

The student will be writing an
Informational Research Essay in Harvard Style on one of the topics below

Topics: Select one topic from this list.

· The impact of sustainable development on modern businesses.

· The impact of corporate social responsibility on a company.

· The importance of a digital marketing strategy to small businesses.

· The impact of managing the triple bottom line on the company’s performance.

· The effects of a company’s environmental practices on consumer trust.

· The ways a company can create a healthy and more balanced work environment.

· The impact of ethics on a company.

· The principle of Human Resource Management and its impact on a company.

Formalities:

·
Word Count: 1500 to 1800 words.

· Cover page, Index page, References, and Appendix are excluded from the total word count.

· Prepare an Appendix page to follow the Reference page, for your summaries, paraphrases, graphs, charts, images, etc.

· Font: Arial 12.5 pts.

· Text alignment: Justified.

· The in-text References and the Bibliography in
Harvard referencing style.

Submission: Week 13 – Via Moodle (Turnitin).
Sunday, 12 May 2024
before 23.59 CET

You must upload your document via Turnitin in Moodle.

Weight: This task is 60% of your total grade for this subject.

It assesses the following learning outcomes:

· Identify and analyze the principle of Responsible Management

· Identify and analyze an issue related to one of the key topics in the course.

· Develop, research, and develop an Informational Research Essay.

Rubric for Written Report and Research Writing.	Exceptional 90-100	Good 80-89	Fair 70-79	Marginal fail 60-69
Knowledge & Understanding (30%)	The student demonstrates an excellent understanding of key concepts and uses vocabulary in an entirely appropriate manner.	The student demonstrates a good understanding of the task and mentions some relevant concepts and demonstrates the use of the relevant vocabulary.	The student understands the task and provides minimum theory and/or some use of vocabulary.	The student understands the task and attempts to answer the question but does not mention key concepts or use a minimum amount of relevant vocabulary.
Application (20%)	The student applies fully relevant knowledge from the topics delivered in class.	The student applies mostly relevant knowledge from the topics delivered in class.	The student applies some relevant knowledge from the topics delivered in class. Misunderstanding may be evident.	The student applies little relevant knowledge from the topics delivered in class. Misunderstands are evident.
Critical Thinking (20%)	The student critically assesses in excellent ways, drawing outstanding conclusions from relevant authors.	The student critically assesses in good ways, drawing conclusions from relevant authors and references.	The student provides some insights but stays on the surface of the topic. References may not be relevant.	The student makes little or no critical thinking insights, does not quote appropriate authors, and does not provide valid sources.
Communication (30%)	The student shows exceptional understanding of paraphrasing and summarizing skills. The student quotes exceptionally well to support his/her ideas. Flawless use of Harvard referencing conventions. Flawless grammar, spelling, and correct word count. Correctly created and attached an appendix.	The student shows good understanding of paraphrasing and summarizing skills. The student quotes well to support his/her ideas. Makes correct use of Harvard referencing conventions. Good grammar, spelling, and close to correct word count. Created and attached an appendix.	The student shows marginally inadequate understanding of paraphrasing and summarizing skills. The student uses quotes that are sometimes irrelevant to his/her ideas. Makes use of Harvard referencing conventions sometimes or with many Mistakes/omissions. Some clarity and concision. It may be slightly over or under the word count limit. Some misspelling errors may be evident. Attached is an appendix.	The student communicates their ideas in a somewhat unclear and unconcise way. Does not reach or does exceed word count excessively and misspelling errors are evident. The student does not show understanding of paraphrasing and summarizing skills. The student uses quotes that are irrelevant or do not quote at all. Incorrect use of Harvard with multiple errors or failure to use said conventions. Did not attach an appendix.

Essay (any type)

August 22, 2022

They have a magnificent team. These people are always kind and willing to listen to your concerns or issues. Better yet, your assignment is always ready before the time, they usually send you a draft to double-check before they finalize your paper.

Case study

August 22, 2022

Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.

Presentation/PPT

August 22, 2022

The work has not been graded but I like the output that was submitted to me. Is it possible for the same prof to do the next assignment I will be submitting? If possible, I will greatly appreciate it.

Journal article

August 22, 2022

My third using this writer and absolutely amazing work! Very punctual and very understanding.

Article

August 22, 2022

Outstanding job in writing my paper. I am always thrill to receive a well written paper that follows the instructions and the thorough details put into my paper. The quality of this paper is beyond awesome. Thank you so much.

Thesis/Thesis chapter

August 22, 2022

I absolutely love this writer! He/she always cranks out a fabulous paper and follows the assignment guidelines/instructions perfectly. Thanks again for always providing such quality work!!!

Research paper

August 22, 2022

It took some time to achieve the product I was looking for, but we eventually got there. I do feel like a lot of hard work was put into this, and it even exceeded the page requirement. I'm pretty pleased overall. I give my thanks.

Lab Report

August 22, 2022

Outstanding work! This writer followed every instruction and my paper came back with an A! I recommend to anyone needing help! Thank you again ❤️

Outline

August 22, 2022

Essay (any type)

August 22, 2022

Made 100% on both the outline and the paper. Quick turnaround time and my writer responded within 30 min or less. Any edits my instructor needed, my writer was patient and worked diligently to accomplish the task. Would recommend my writer to anyone!

Essay (any type)

August 5, 2021

You are making my life so much easier! I am a single mom that works and goes to school. You guys are helping me with my projects so I can have more free time with my son.

Annotated Bibliography

August 5, 2021

I was sure it can fit in a single page but the next time I will add one more page because I am impressed with your professionalism and quality. Will use many more times till I graduate.

Essay (any type)

August 5, 2021

Simple registration and quality services. I just ordered one paper, and it was good enough to pass the exam. That is what I need the most. Good job.

Research Proposal

August 5, 2021

I couldn’t finish my freaking essay, and I was very desperate. A friend of mine sent me a link, and that is how I found out about you guys. Thank you for professional tips and editing. Now, I understand how to write it properly.

Reflection

August 5, 2021

I’m so grateful to you since you managed to complete my term paper in one day! You are definitely the best company ever!

Essay (any type)

August 5, 2021

I am sure on your ability to provide any type of paper I will order. I wish I could develop that skill your writers have to be able to have a flow of ideas and excellent sequencing of thoughts in writing.

Coursework

August 5, 2021

I ordered a thesis paper and was satisfied. All the guys were polite and highly professional, even when I wrote to them several times per day. Thanks for your passion!

Discussion Essay

August 5, 2021

I turned to the service twice, and my papers always were beyond the expectations. To tell the truth, I was ready to find some grammar errors or something like that. However, everything was neat and tidy.

August 5, 2021

My friend recommended Doctor My Essay to me. It is convenient! Now we both turn to the service periodically coz wanna save some time and use it more effectively. I know that while I’m developing my startup, an expert is working on paper. Time management in work!

Research Paper

August 5, 2021

I write all paper works by myself but have some problems with literacy. Actually, I have enormous problems because English is not my native language. However, with proofreading from Doctor My Essay, I can relax and don’t be ashamed of mistakes.

Argumentative Essay

August 5, 2021

Your ability to write concisely is a finding. The paper has a solid argument. It’s clear that the writer understood central claim about the topic. He also presented original ideas to consider.

Coursework

August 5, 2021

That paper got the highest grade in my class and the professor thinks I’m the smartest student. Lol.

Essay (any type)

August 5, 2021

I was convinced that paper writing services are the fiction for naive students. But when it came to my research paper that was to be composed in 72 hours, I had no other options. I made the right choice when I ordered it from you!

Business Plan

August 5, 2021

I was also satisfied with the service. Usually, I write everything by myself, but this time ( I have no idea how it happens!) I missed the deadline. My writer was very responsible, wrote the essay quickly, and kept the instructions. Nice to know that such experts exist!

Annotated Bibliography

August 5, 2021

It is really affordable! The prices start from 9$, which is an excellent proposal on the market. Recently I worked with another service that took much more money and provided lower quality papers.

Research proposal

August 5, 2021

I am absolutely satisfied. I am first timer here. Revision was made quickly, and the author met my expectations. Thanks a lot. Paper is phenomenal.

Essay (any type)

August 5, 2021

Having heard a lot of negative reviews about such services, I was a bit skeptical. However, our cooperation with Doctor My Essay was without pitfalls. I made two comments about the final work, and they re-wrote some parts very promptly. I am satisfied and will turn to them in the future.

Research paper

August 5, 2021

It was my first experience in online ordering, and I was a bit nervous. However, this was for nothing. I’ve got a high mark!

Dissertation

August 5, 2021

I understand that buying essays is a doubtful thing. You don’t put effort, don’t represent your ideas… However, I don’t perceive Doctor My Essay as a standard service. They don’t sell papers. They share high expertise!

Coursework

August 5, 2021

According to my previous experience, this service is really the best. They support the client and have competitive writers. I give them a perfect score!

Admission Essay

August 5, 2021

Nice service! It is cool that you can use the calculator on the main page and understand the price policy. For me, it is a huge plus!

Discussion Essay

August 5, 2021

Thanks to God I found this service! If I didn’t send my research to the teacher on time, he would eat me. I tell you! However, with doctor my essay service, I met the deadline, and I am still alive.

Report

August 5, 2021

Your service is excellent! Convenient and not expensive. Thanks for that!

Essay (any type)

August 5, 2021

If you have problems with time management, just like me, you need to cooperate with Doctor My Essay. Once you registered and made the order, you understand how easier it makes your life! Everything is online: ordering, communication… You can control the process everywhere and be sure that an expert will provide a high-level paper.

Question : 15.1 Is Any Firm Ever Really a Monopoly? 1) The reason : 1387895

Calculate the price of your order

Our guarantees

Money-back guarantee

Zero-plagiarism guarantee

Free-revision policy

Privacy policy

Fair-cooperation guarantee