This document provides an overview of different movie genres including comedy, romantic comedy (romcom), and action. It notes that comedy films can take place in a variety of locations and feature an ensemble cast with different comedy styles. Romcoms typically involve a couple falling in love but facing obstacles before resolving their issues at the end. Action movies commonly take place in big cities and feature props, a strong male protagonist, and villain defeated by the end.
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Competitive Market Worksheet A single firm in a competitive m.docxmaxinesmith73660
Competitive Market Worksheet: A single firm in a competitive market.
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Price or
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$ 90
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Count’s costs
Market Supply and Demand
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arket
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1,000 calculators/wk)
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The graph on the left shows the cost curves for Count, a company that produces calculators. The graph on the right shows Supply and Demand for the calculator market, which we will assume is competitive.
Part A: Short Run
Assume that the market is competitive and in short run equilibrium and that Count is making profit-maximizing short run decisions.
1. What is the current market price? $ __35____ How many calculators are being produced per week in this market? ____130_____
2. What price will Count charge? _______ Why will Count charge this price? ___________________________________
3. What is Count’s: Output (q): ________ At that output, what is MC ________ and ATC _________? Average profit per unit: $ ___________. (Note: If it is a loss, state it as a negative profit)
Part B Long Run
1. If other producers have the same costs as Count, and are making the same profits/losses as count is in question #4, what will happen to each of the following in the market in the long run:
Will firms enter or exit ______________________ Shift(s) in supply or demand ________________________________
Change in the price________________________. Change in the profits (losses) of firms. _______________________
2. Once the market has reached long-run equilibrium, what is the expected market price? $_____________ Explain why:______________________________________________________________________________
3. In long run equilibrium, all firms’ Marginal Cost will be = $ _____, since MC =_price_MR______ ; all firms’ ATC will be $______ , sinc.
2. Comedy
You will find comedy movies
are set in a wide range of
locations for example cities,
school and work. There is no
iconic set location for comedy
movies.
The editing pace in Comedy films will often
comedy movies stays fair feature a few main
and constant throughout character who all bring Music will often
however will speed up if different aspect of comedybe a collation of
there is action for example to the film itself. For upbeat popular
in 21 jump street in the car example The Hangover is songs at the time
chase scenes speed up in an odd mix of four men allto capture the
pace compared to the rest very different but lighthearted
of the movie. compliment each other . humor of the
film.
Comedy movies are created the elicit laughter from the audience. They will
generally be light hearted dramas made to entertain the audience. Hybrid
genres include; Action comedy, comedy horror and so on.
3. ROMCOM
Romantic comedy films are a hybrid genre. They are films
with light-hearted and humorous plotlines that play up to the
romantic ideals such as true love and that it can conquer all.
The typical narrative The pace of the film Romcoms often use big
that can be observed in stays fairly constant cities for the movie
romcoms is a couple throughout however setting for example
who fall in love but may be a little slower New york and London
through out the film are in places for example are two very popular
torn apart the film often “the first kiss” locations.
concludes with them scenes in order for
resolving their the audience to get
differences and leaving swept up in the
you with a happy moment and it shows
ending. them falling in love.
4. Action
Action films are Typically you will find action
usually located in big movies use props such as
cities as they are guns, bombs, weapons, cars
very busy and fast ect.
paced so it makes
You will often have a protagonist, hero of the
following the action
movie who is normally a strong male lead for
a lot more
example James Bond. There will also be an
aesthetically
pleasing. antagonist the villain of the movie who is
normally defeated by the end of the film.
There are many sub-genres. For example
Action comedy, Action horror, disaster
film, Martial arts and spy films.
Notable action film directors include
James Cameron ( the first two Terminator
films and Aliens). Michael Bay( The Rock,
Transformers trilogy and the first two Bad
Boys films).