EdExcel Economics Unit 3 Micro - 16 Mark Questiontutor2u
This is a suggested answer to a 16 mark question for the EdExcel Unit 3 Micro paper - “Assess ways in which government intervention might promote competition within markets” (16 marks)
Students should be able to:
Understand the characteristics of this market structure with particular reference to the interdependence of firms
Explain the behaviour of firms in this market structure
Explain reasons for collusive and non-collusive behaviour
Evaluate the reasons why firms may wish to pursue both overt and tacit collusion
EdExcel Economics Unit 3 Micro - 16 Mark Data Questiontutor2u
This is a suggested answer plan to a 16-mark EdExcel Unit 3 data response question on: "To what extent does the threat of competition affect a firm’s behaviour. Use an industry of your choice."
The aims of UK competition policy are to promote competition; make markets work better and contribute towards improved efficiency in individual markets and enhanced competitiveness of UK businesses within the European Union single market
EdExcel Economics Unit 3 Micro - 16 Mark Questiontutor2u
This is a suggested answer to a 16 mark question for the EdExcel Unit 3 Micro paper - “Assess ways in which government intervention might promote competition within markets” (16 marks)
Students should be able to:
Understand the characteristics of this market structure with particular reference to the interdependence of firms
Explain the behaviour of firms in this market structure
Explain reasons for collusive and non-collusive behaviour
Evaluate the reasons why firms may wish to pursue both overt and tacit collusion
EdExcel Economics Unit 3 Micro - 16 Mark Data Questiontutor2u
This is a suggested answer plan to a 16-mark EdExcel Unit 3 data response question on: "To what extent does the threat of competition affect a firm’s behaviour. Use an industry of your choice."
The aims of UK competition policy are to promote competition; make markets work better and contribute towards improved efficiency in individual markets and enhanced competitiveness of UK businesses within the European Union single market
Students should be able to:
Explain and evaluate measures aimed at enhancing competition between firms and their impact on prices, output and market structure.
Compare and evaluate the strengths and weaknesses of methods of regulation for example price capping, monitoring of prices and performance targets.
Supported Multiple Choice Questions for Unit 3 Economicstutor2u
Maximum mark is 2/4 if the incorrect answer is given
Knock-outs / rejection explanations:
Incorrect options can be knocked out, if relevant economic reasoning is given, for 1 mark each time.
Up to two knock out marks can be awarded for each supported choice question
There must be some valid economics rationale to the answer in order to earn a mark (this is vital)
Good practice
Define key terms in the question / or in the correct answer stem
Application to the specific context is always encouraged
Draw supporting analysis diagrams (fully labelled)
Annotate clearly and fully any diagrams that are provided
Complete tables of data where necessary
Write in proper sentences but bullet them for emphasis
Practice papers to increase the speed and accuracy of your answers. Work systematically through the specification.
Students should be able to:
Understand the characteristics of this market structure with particular reference to the interdependence of firms
Explain the behaviour of firms in this market structure
Explain reasons for collusive and non-collusive behaviour
Evaluate the reasons why firms may wish to pursue both overt and tacit collusion
Quarterly growth and levels of GDP for the UK
CPI 12-month inflation rate for the last 10 years: September 2006 to September 2016
Male and Female Employment Rates in the UK
Non-UK nationals working in the UK labour market
Components of Aggregate Demand in recent years
UK unemployment rates by region, seasonally adjusted, June to August 2016
Average UK house price, January 2005 to August 2016, not seasonally adjusted
Constant price GDP per hour worked for G7 countries, 2000 to 2015
Quarterly growth of GDP and GDP per head for UK
Economic Growth for the UK and the EU(28)
UK Bond Yields during 2016
Sterling Exchange Rate (as an index number)
UK Trade Balances By Sector (% of GDP)
UK Current Account Components (% of GDP)
Contributions to CPI Inflation (%)
Students should be able to:
Explain and evaluate measures aimed at enhancing competition between firms and their impact on prices, output and market structure.
Compare and evaluate the strengths and weaknesses of methods of regulation for example price capping, monitoring of prices and performance targets.
Supported Multiple Choice Questions for Unit 3 Economicstutor2u
Maximum mark is 2/4 if the incorrect answer is given
Knock-outs / rejection explanations:
Incorrect options can be knocked out, if relevant economic reasoning is given, for 1 mark each time.
Up to two knock out marks can be awarded for each supported choice question
There must be some valid economics rationale to the answer in order to earn a mark (this is vital)
Good practice
Define key terms in the question / or in the correct answer stem
Application to the specific context is always encouraged
Draw supporting analysis diagrams (fully labelled)
Annotate clearly and fully any diagrams that are provided
Complete tables of data where necessary
Write in proper sentences but bullet them for emphasis
Practice papers to increase the speed and accuracy of your answers. Work systematically through the specification.
Students should be able to:
Understand the characteristics of this market structure with particular reference to the interdependence of firms
Explain the behaviour of firms in this market structure
Explain reasons for collusive and non-collusive behaviour
Evaluate the reasons why firms may wish to pursue both overt and tacit collusion
Quarterly growth and levels of GDP for the UK
CPI 12-month inflation rate for the last 10 years: September 2006 to September 2016
Male and Female Employment Rates in the UK
Non-UK nationals working in the UK labour market
Components of Aggregate Demand in recent years
UK unemployment rates by region, seasonally adjusted, June to August 2016
Average UK house price, January 2005 to August 2016, not seasonally adjusted
Constant price GDP per hour worked for G7 countries, 2000 to 2015
Quarterly growth of GDP and GDP per head for UK
Economic Growth for the UK and the EU(28)
UK Bond Yields during 2016
Sterling Exchange Rate (as an index number)
UK Trade Balances By Sector (% of GDP)
UK Current Account Components (% of GDP)
Contributions to CPI Inflation (%)
Browse the student workshop booklet for A Level Economics Strong Foundations - our intensive exam-skills and revision one-day workshop for all final year A Level Economics students. For more information about attending these superb workshops visit http://www.tutor2u.net/events/a-level-economics-revision-strong-foundations
Evaluating Benefits and Costs of Globalisationtutor2u
This is a streamed version of a colour coded answer to a past exam question on the economics of globalisation. Each colour in the answer refers to a specific exam skill - knowledge, application, analysis and evaluation. I hope this approach might be interesting to students who want to configure their answer to get high marks in the A level exam. The crucial point is that contextual examples can make a huge different to the quality of your answer.
In my third and last lecture I will try to compare the countries, Canada and Germany. I will focus on my personal experiences and concentrate on specific examples. Topics include random themes, such as trains, beer, and nature. I will conclude with a discussion about the question if you should visit Frankfurt in Germany.
From the Un-Distinguished Lecture Series (http://ws.cs.ubc.ca/~udls/). The talk was given Jul. 6, 2007.
Personal care distriution company development include
- Marketing planning
- sales team development
- ERP system development
- develop distribution channels
Students should be able to:
Understand the characteristics of this model and be able to use them to explain the behaviour of firms in this market structure
Explain and evaluate the differences in efficiency between perfect competition and monopoly
Explain and evaluate the potential costs and benefits of monopoly to both firms and consumers
Here at Results we cover all aspects of technology with a particular focus on enterprise software / SaaS, software-related IT services, and tech enabled services. However we like to turn our attention to a number of specific sectors at the end of every quarter to consider the trends and analyse the activity in the M&A, fundraising and public markets.
We have produced our view on the previous quarter’s proceedings in a series of individual market reviews on; SaaS, HealthTech, Cybersecurity and AdTech & MarTech.
The global economic slowdown and financial market volatility has had an impact on public markets for SaaS, HealthTech, Cybersecurity, Adtech & MarTech with our Results indices all dropping from the previous quarter. Nevertheless the indices for SaaS and Cybersecurity for the year remain up, both outperforming the broader Nasdaq Composite Index.
The private markets in AdTech & MarTech and HealthTech have seen a record number of M&A transactions over the past quarter while fundraising appetite and valuation remain healthy across all four market sectors.
Companies displaying strong top-line growth with quality clients and an innovative products, within each of their sectors, continue to outperform their peers on the public markets.
We hope you enjoy the document, and please do get in touch if you would like to discuss any of the themes with us. We look forward to speaking with you soon.
The Saturday Economist Webinar May Slide SelectionJohn Ashcroft
This pack includes a selection of slides from The Saturday Economist Webinar for May, held on the 29th May 2020.
Videos of the presentation are available on Youtube and LinkedIn
The online advertising landscape in Europe 2013IAB Europe
IAB Europe's AdEx Benchmark is the definitive guide to the size and scale of European online advertising. Compiled by IHS Electronics and Media, AdEx Benchmark study collates advertising spend across twenty-six markets. It highlights the prominent position of online in the media landscape as a platform of choice for advertisers.
Doing business in Asia-Pac? Then order your personal copy of our ME.A Compass 2016 today: 19 countries profiled on 2 pages each and compared for key indicators in part 2. The indispensable reference for Asia-Pac. Details and order form on www.me-a.com
Mercer Capital's Value Focus: Convenience Store Industry | Q2 2016 | Segment:...Mercer Capital
Mercer Capital’s Convenience Store Industry newsletter is a quarterly publication providing perspective on valuation issues pertinent to multi-unit retailing and QSR industries.
Supply Chain Metrics That Matter in a Market-Driven WorldLora Cecere
Slides used for the Supply Chain Insights webinar on Supply Chain Metrics That Matter (those with the highest correlation to market capitalization) today, August 4. L'Oreal gains ground. Kimberly-Clark loses momentum. Hear about this and more on our webinar as we talk about the use of the #supply chain to drive improvement and performance.
In this revision presentation we look at recent trends in UK trade union membership, consider how trade unions can affect both pay and employment and challenge the textbook view that union-negotiated pay increases inevitably have negative consequences for employment.
In this revision presentation we cover key examples of pure and quasi public goods and consider the arguments for and against an increase in government spending on public goods.
Poverty Reduction Policies in Low Income Countriestutor2u
This revision presentation covers some of the main causes of continued high levels of extreme poverty in low and middle income countries and considers a range of pro-poor government interventions designed to increase productivity and regular employment and waged income in formal labour markets.
You don’t need to produce a lot of evidence in your macroeconomics exams but knowing some basic and key facts and figures can make your answers stand out from the crowd! Here is a quickfire journey through twenty important economic numbers that won’t change before the exam – use them to support your answer and impress the examiner!
Microeconomics - Great Applied Examples for Examstutor2u
In this presentation, I have chosen loads of current examples that you might want to use as context in your microeconomics exams. We look at examples from different market structures, recent mergers and takeovers, the world's most valuable companies, the largest employer, unicorn business, de-mergers, the biggest initial public offerings (IPOs) and much else. Hopefully a useful video to go through to add some super examples into your revision notes.
This revision presentation considers the variety of stakeholders impacted by business activity. How will a change in objectives, such as a move from profit maximisation to revenue maximisation have an effect on different stakeholders?
This revision presentation looks at profit satisficing as an alternative objective for businesses. Why might firms satisfice? What are some of the possible consequences for economic welfare and efficiency?
In this short revision video, we look at the substantial productivity gap between the UK and many of the UK’s major competitor countries.
Paul Krugman, the Nobel Prize-winning economist said twenty fives years ago that “Productivity isn’t everything, but in the long run it is almost everything,”
In this presentation we consider the theory of wage-setting with a monopsony employer and the possible impact that a trade union might have on wages and employment. We also look at efficiency wage theory and mutual gains from pay bargaining between stakeholders.
For many economists, the labour market is the most important market of all to study, analyse and evaluate. Like product markets for goods and services, labour markets can also fail. The main types of labour market failure are labour immobility including skills gaps, inequality, disincentives to be economically active, labour market discrimination and the effects of monopsony power of employers.
Updated revision presentation on aspects of behavioural economics and topical issues where behavioural nudges are being used to change the choices of consumers and businesses.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
2. Retail market share of liquid milk in the United
Kingdom (UK) in 2016, based on volume
72.5%
11.3% 10.6%
2.7% 2.9%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
Top 5 mulitples Other retailers Total hard
discounters
Milkman Total
independents
and symbols
Retailmarketshare
Aldi and Lidl
Top 5 multiples are: Tesco,
Asda, Sainsbury's,
Morrisons and The Co-
operative Group
Source: Mintel
3. Market share held by the leading search engines in
the United Kingdom (UK) as of June 2016
86.75%
9.29%
3.14%
0.32%
0.25%
0.07%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
Google
Bing
Yahoo!
DuckDuckGo
AOL
Ask Jeeves
Market share
Source: Mintel
4. Market share of grocery stores in Great Britain
2.7
1.9
2.2
3.5
4.9
5.2
5.9
11.1
16.7
16.9
29
3.1
1.9
2.1
4.6
6.2
5.3
6.6
10.4
15.9
15.7
28.1
0. 5. 10. 15. 20. 25. 30. 35.
Other Multiples
Symbols and Independent
Iceland
Lidl
Aldi
Waitrose
The Cooperative
Morrisons
Sainsbury's
Asda
Tesco
Market share of grocery stores in Great Britain from January 2015 to
June 2016, market share in per cent
Sep 16 Jan 15
Source: Kantor
5. Comparison of leading car companies' market share
in the UK from March 2013 to June 2016
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
Mar
13
Jun
13
Sep
13
Dec
13
Mar
14
Jun
14
Sep
14
Dec
14
Mar
15
Jun
15
Sep
15
Dec
15
Mar
16
June
16
Marketshare
Ford Vauxhall Volkswagen Audi BMW Nissan
Mercedes-Benz Peugeot Toyota Citroen Hyundai
Source: Mintel
6. Manchester United – total operating expenses and
profit/loss from 2010-2016
0
50
100
150
200
250
300
350
400
450
500
2010 2011 2012 2013 2014 2015 2016
Operatingexpensesin£million
Total operating expenses
-100
-50
0
50
100
150
200
2010 2011 2012 2013 2014 2015 2016
Profit/loss£m
Annual profit / loss
8. Global Apple Mac and iPhone unit sales
0
1000
2000
3000
4000
5000
6000
Q1
'06
Q1
'07
Q1
'08
Q1
'09
Q1
'10
Q1
'11
Q1
'12
Q1
'13
Q1
'14
Q1
'15
Q1
'16
Salesinthousandunits
Fiscal quarters
The figures refer to the product lines iMac, eMac, Mac mini, PowerMac, Mac Pro, Xserve,
iBook, MacBook, MacBook Pro, MacBook Air and PowerBook.
0
10
20
30
40
50
60
70
80
Q3
'07
Q2
'08
Q1
'09
Q4
'09
Q3
'10
Q2
'11
Q1
'12
Q4
'12
Q3
'13
Q2
'14
Q1
'15
Q4
'15
Q3
'16
Unitsalesinmillions
Global Apple Mac Sales Per Quarter Global Apple iPhone Sales Per Quarter
Source: Apple
9. Leading cinema exhibitor chains in the UK in 2015,
ranked by market share based on revenue
24.4%
23.9%
21.1%
5.8%
4%
20.7%
0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0%
Odeon
Cineworld
Vue
National Amusements
Empire Cinemas
Others
Cinema market share
Exhibitor
Source: Mintel
10. Breakdown of costs for a dual fuel (electricity and
gas) energy bill in UK in 2015 (share in percentage)
43.43%
23.98%
7.35%
0.63%
15.8%
4.04% 4.76%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
45.0%
50.0%
Wholesale costs Network costs Environmental
and social
obligation costs
Other direct
costs
Operating costs Supplier pre-tax
margin
VAT
Shareofcostsinpercentage
Source: OFGEM
11. Some key commercial numbers for BSkyB
14,493 14,954
15,830 15,954 16,129
0
2000
4000
6000
8000
10000
12000
14000
16000
18000
Dec
2012
Dec
2013
Dec
2014
Mar
2015
Sep 2015
Customersinthousands
508
538 541
569 576 576
0
100
200
300
400
500
600
700
2010 2011 2012 2013 2014 September
2014
RevenueperuserinBritish
pounds
499
-127
259
878
810
906
969
892
945
1,077
-200
0
200
400
600
800
1000
1200
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
ProfitinmillionBritishpounds
Subscribers in UK/Ireland
Average revenue per user
Annual operating profit
Source: Sky Annual Report