Category: Microeconomics

Introduction The three core economic issues which influence the decision-making and economic stability of the countries are What, How and to Whom. It is assumed that in different countries, manufacturers and distributors use different economic theories in attempting to fulfill preferences. The countries selected for analysis are Guatemala, China and Japan. Country Analysis Guatemala Guatemala…

Table of Contents Introduction Supply and Demand Conditions Trends in Demand over Time Impact of Demand for Currency Conversion to Sberbank Price Elasticity of Demand of Sberbank Cost of Production Overall Market Conclusion References Introduction Exploring the nature of the companys microeconomics is an essential part of developing a successful strategy for its future growth.…

This paper will throw light upon the price theory which is extremely important to understand. Demand and supply play the most pivotal role in deciding the price of a commodity or a service. The same will be elucidated further with the help of Euro star which is a fast-speed train, which covers areas in London,…

Table of Contents Micro Economic Theory Global Presence Strong Brand Excellent Customer Services and Value for Money References Micro Economic Theory The micro economic theory is a function of many micro economical factors that relate to internal affairs of a given company. The micro economic theory is based on the fact that a companys operations…

Introduction Monopolistic power is a profit earner for many companies. Monopolism still prevails despite the presence of government regulations against the formation of monopolistic power in the market, which brings deformities into the competitive scenarios. One of the vivid examples of the monopolistic dominance is Microsoft (Burrows, 2009). The article Microsofts Aggressive New Pricing Strategy…