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Essay Instructions: Competition Bikes Inc. has retooled and is making both the CarbonLite and the Titanium frame bikes. The company vice president directed that a cost study be conducted, and an activity-based costing analysis was undertaken in one of the company plants. After the study, a breakeven analysis was completed along with target profit projections.

Prepare a summary report to the vice president of the company in which you do the following:

1. Recommend whether the company should change its costing method to activity-based costing.

2. Based on an evaluation of cost-volume-profit, do the following:

a. Analyze the breakeven point for Competition Bikes Inc. with regard to sales units and sales dollars for both CarbonLite and Titanium bikes.

b. In one paragraph in the summary report describe the impacts to the breakeven point if company management needed to add $50,000 in fixed costs to the production facility and the direct materials had a 10% cost increase.

3. If you choose to use outside sources, include all in-text citations and references in APA format.

GRADING RUBRIC PAPER NEEDS TO COVER:
A1 COSTING METHOD: The candidate provides an appropriate recommendation, with sufficient support, of whether the company should change its costing method to activity-based costing.

A2a BREAKEVEN POINT: The candidate provides a plausible analysis, with sufficient support, of the breakeven point for Competition Bikes Inc. with regard to sales units and sales dollars for both CarbonLite and Titanium bikes based on an evaluation of cost-volume-profit.

A2b BREAKEVEN ANALYSIS CHANGE: The candidate provides an accurate description, with sufficient detail, of what would happen to the breakeven analysis if company management needed to add $50,000 in fixed costs to the production facility and the direct materials had a 10% cost increase based on an evaluation of cost-volume-profit.

B. In Text Citations with References in APA format: If the candidate uses outside sources, the candidate provides appropriate in-text citations and references accurately or with only minor APA formatting errors, OR the candidate does not use outside sources.

Essay Instructions: Competition


Competition and Market Power

Review the following questions and prepare a four to five page report on any three of the following issues:

1. Firms in Competitive Markets

Florida Citrus Web Site: Go to http://www.floridajuice.com/. The "Florida Citrus Web Site" is sponsored by the Florida Department of Citrus on behalf of the State's Orange Industry. Among other things, the site is clearly an advertisement for the state's orange industry. Have you ever seen or do you expect to see advertising for individual orange growers? Why? What characteristics of the good make the market competitive?

2. Monopoly

Microsoft: Go to http://www.microsoft.com/. Does a monopoly firm produce this product? What characteristics of the good make the market monopolistic? Explain.

3. Monopolistic Competition

Fast Food Industry: Go to http://www.mcdonalds.com/, http://www.bk.com/ and http://www.wendys.com/. Are these three firms participating in a monopolistically competitive market? What characteristics of the good make the market monopolistically competitive? Explain.

4. Oligopoly

The OPEC Oil Cartel Go to www.opec.org. What are the organization's stated goals, which countries are members, and when was it founded? Is it normal for them to be successful in keeping oil prices high, or have they faced difficulties in keeping the cartel united in the past?

5. Antitrust Enforcement and the Consumer

The following is the to the United States Department of Justice's view of its role in antitrust enforcement. Retreived November 15, 2009:

http://www.usdoj.gov/atr/overview.html.

Do you think the U. S. Government is doing enough in this area? Be specific citing examples.


Case Assignment Expectations:

Use concepts from the modular background readings as well as any good quality resources you can find from the cyberlibrary or other internet search engines. Pleas be sure to cite all sources within the text and provide a reference list at the end of the paper.

Length: 4-5 pages double spaced and typed.

The following items will be assessed in particular:

Your ability to understand the differences between perfect and imperfect competition.

Some in-text references to the modular background material (APA formatting not required).

The essay should address each element of the assignment. Remember to support your answers with solid references including the case readings.



Customer is requesting that (bolavens) completes this order.

Essay Instructions: Competition





Price Discrimination: A Case Study of Imperfect Competition

Market power is defined as the ability to raise the price of a good or a service without losing all demand. Firms that have market power can be characterized as imperfectly competitive, because they do not take the market price as given. Monopolies, oligopolies, and monopolistically competitive firms are all classifies as firms with market power because they have some ability to control the price. These types of firms can also practice price discrimination. Price discrimination is the practice of charging different prices for the same good. The SLP assignment requires you to explore the practice of price discrimination. You will be asked to do some of your own research and answer the corresponding questions in a 2-3 page paper.

Read the following information on price discrimination

"Different Types of Price Discrimination" Retrieved November 14, 2009 from: http://www.economicshelp.org/microessays/pd/price-discrimination.html

1. What are the advantages of price discrimination to firms? How do the firms decide how much to charge?

2. What are the advantages of price discrimination to consumers?

3. Now, read the following article:

Landsburg, Steven (1998) "Taken to the Cleaners?" Slate.com. Retrieved November 14, 2009 from: http://www.slate.com/id/2050/

4. What type of price discrimination is this article referring to (first, second, or third)? Why?

5. Use the Cyberlibrary or internet search engines to pick your own example of price discrimination. Please be sure to cite your reference. How is this price discrimination? What type?

SLP Assignment Expectations:

Use concepts from the modular background readings as well as any good quality resources you can find from the cyberlibrary or other internet search engines. Please be sure to cite all sources within the text and a reference list at the end of the paper.

Length: 2-3 pages double spaced and typed

Essay Instructions: I fave four suggested readings: three of them are case-studies (R-1, R-2, R-3) and the other one a general information (R-4). It would be nice to write the essay in the same formats as (R-1, R-2, R-3) with an original case supporting the claim that competition is not always beneficial to consumers. This essay is a second year micro-economics essay and we have not learned advanced econometric terms. The grading system is out of 20 and I really need to do well on this in order to pass.
Much Thanks
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