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- Identify and briefly describe three types of exchanges based on who operates the exchange.Verizon can be viewed as a first mover. Now suppose both ATT and Verizon are considering whether and how to enter a potential market. Market demand is given by the inverse demand function p= 900−q1−q2, where p is the market price margin, q1 is the quantity sold by Verizon and q2 is the quantity sold by ATT. To enter the market, a retailer must build a store. Two types of stores can be built: Small and Large. The Small store requires an investment of $50,000, and it allows the retailer to sell as many as 100 units of the goods at zero marginal cost. Alternatively, they can pay $175,000 to construct a Large store that will allow it to sell any number of units at zero marginal cost. Assume Verizon stays out of the potential market (i.e. chooses not to enter N1 at the first stage, q1= 0). Calculate Verizon's profit for the following cases: a.) ATT chooses not to enter N at the second stage after viewing Verizon's choice. b.) ATT chooses to build a Small store S at the second stage…Verizon can be viewed as a first mover. Now suppose both ATT and Verizon are considering whether and how to enter a potential market. Market demand is given by the inverse demand function p= 900−q1−q2, where p is the market price margin, q1 is the quantity sold by Verizon and q2 is the quantity sold by ATT. To enter the market, a retailer must build a store. Two types of stores can be built: Small and Large. The Small store requires an investment of $50,000, and it allows the retailer to sell as many as 100 units of the goods at zero marginal cost. Alternatively, they can pay $175,000 to construct a Large store that will allow it to sell any number of units at zero marginal cost. Assume Verizon enters and builds a Large store (i.e. chooses to build a Large store L1 at the first stage.) Calculate Verizon's profit for the following cases: a.) ATT chooses not to enter N at the second stage after viewing Verizon's choice. b.) ATT chooses to build a Small store S at the second stage…
- Ready Foods contracts to buy two hundred carloads of frozen pizzas from Speedy Distributors. Before Ready or Speedy starts performing, can the parties call off the deal? What if Speedy has already shipped the pizzas? Explain your answers.If a store decides to sell its products online (in addition to the traditional in-store), how would it impact the implied demand uncertainty? Assuming Amazon is operating on the efficient frontier, give two examples of how Amazon can shift the whole efficient frontier curve. Discuss how Amazon can use the information lever to predict demand. What is Amazon’s scope of strategic fit?Which types of firms are most suited to using turnkey systems contracts for their information system development?
- Consider the following network representation of a transportation problem. 60 60 Des Moines 25 15 Jefferson City 9 8 Kansas City 20 8 10 40 Omaha 26 St. Louis 55 Supplies Demands The supplies, demands, and transportation costs per unit are shown on the network. What is the optimal (cost minimizing) distribution plan? Amount Jefferson City-Des Moines 0 0 Jefferson City-Kansas City 5 45 Jefferson City-St. Louis 55 440 Omaha-Des Moines 25 Omaha-Kansas City 15 Omaha-St. Louis Total 0 0 Cost ×18. On the off chance that four firms in a cutthroat industry have supply plans given by the accompanying conditions: Q1S = 16 + 4P Q3S = 32 + 8P Q2S = 5 – 5P Q4S = 60 – 10P What is their consolidated stockpile?I am not sure how to even begin this problem.