Monday, May 13, 2019

Managerial Economics Coursework Example | Topics and Well Written Essays - 500 words

Managerial Economics - Coursework ExampleThis testament confide off the connection that is to enter the market as the profit margin will seem to be very low and might even constitute to losses. This leaves the first company to enjoy monopolistic markets.The four-in-hand of this company will reduce the products prices to monopolistic market prices there by enjoying the monopolistic profits. By decrease the prices of the products the company that is to enter into the market will be discouraged as the profit margin will be very low and may also leading to losses.The profitability of the firm with the marketing advocate will decrease with increase in capital interest as the borrowing costs increases there will be a decrease in supply there by attracting another company to satisfy the demand. This forces the companies to sell at a lower price than the monopolistic market price. If this continues, the company is saltation to go into losses in the long run.2. IHC hospitals are think ing of using a smart audio system to send health record information, laboratory test results data, and charge/payment data to the spile Star hospitals system when patients use any combination of medical services between the two hospital organizations. Mountain Star has been thinking of a similar idea of exchange. Going forward with such inter-hospital data communication means that a given data sharing network has to be developed. The cost savings involved in initiating such a system are the driving force of the decision but there are questions about these savings and the standard upon which the intercommunication is to be operated. The projected cost savings (in $millions) for separately standard (Apple relative to Android) are given in the normal form payoff table on a lower floor for each hospital conglomerate, with IHC cost savings given first in going from left to right.It reflects a good technology. This is because independent of the smart skirt mountain star opts for IHC will go for apple phone as it yields the best pay off. The

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