Nestle to Merge Its US Ice Cream Business with Dreyers Ice Cream Ques
Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages
Imagine that you are advising a small new car dealership. They ask:
A) given the information below, what is the best price they should put on all the cars, assuming every buyer pays the same price and how much profit will they make?
B) is there a better way to make profits and how much profit could they make? why might this strategy be difficult to use? The firm can’t change their costs. But they could use a different pricing scheme, not charging every customer the same price.
Fixed cost for business is $4000
Variable cost is $20,000 for each car they get from the manufacturer.
They anticipate the following customers.
Ms. Rich would pay up to $30,000
Mr. Upper Middle would pay up to $26,000
Ms. Middle would pay up to $22,000
Mr. Lower Middle would pay up to $18,000
Ms. Poor would pay up to $16,000
Complete a table for Q, Price, TC, MC, MR and profits.
Start the price at the number of letters in your first and last names combined for Q = 1, and then reduce the price as Q increases. (You are price-making monopoly)
For costs, begin with TC = 6 at Q = 1, then you may use any numbers you like for costs. You may need to play around with the numbers to make this work out.
Show that MR = MC at profit maximization.
First, go back to the Study Plan for “Monopoly” and review the section on Monooly and Antitrust Policy.
Then based on the following case study, what would you recommend as the best policy: should this merger be allowed? (note, you can find the actual government decision here.) . However, you do not need to agree with this decision. I would like you to think through, based on what we have studied, should this merger have been permitted/ Concepts you may want to use include:
The HHI index
Economies of scale
Oligopoly firm behavior
Your decision will include reference to the data for ice cream market shares. Note that data are available for the premium ice cream market (product with a high fat content) and the more inclusive all store-bought ice cream market. Also, note that common brand names for ice creamBreyers, Ben&Jerry’s and Haagen-Dazare manufactured by corporates with other names.
Choose from the following:
A) The merger should be permitted with no additional recommendations.
B) The merger should not be permitted at all.
C) The merger should be permitted with minor limitations (specify the limitations).
D) The merger should be permitted with major limitation (specify the limitations).
Nestle proposed to merge its U.S. ice cream business with Dreyers’ ice cream.
Current market shares are:
Premium (high fat) ice cream market
Unilever (makes Breyers and Ben&Jerry’s) 41%
Nestles (makes Haagen-Dazs) 37%
Total store-bought ice cream market
Blue Bell 6%
Other brands 45%
For any of the above questions you may substitute work with the calculus modules:
For each module show your answers to the questions and explain how your work helped your understanding of both calculus and economics.
For one of the questions above you may substitute work with calculus on “Monopoly” and “Monopolistic Competition” (see optional calculus module.) For each of these sections, show your answers to the problems and your work to find those answers. Then, for each section describe what you learned about: a) economics and b) calculus.
Write a letter to a student who will be taking this course in the spring. (I will copy these letters and post them to actual students at that time.) In your letter please address the following:
what are the most important three ideas the student will learn in this course?
how might the student be able use learning in the course in their life?
what advice do you have for the student to succeed in the course?
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points: Student failed to submit the final paper. 5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors 10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points: Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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