Internal Rate of Return According to Hilton (2011), the internal rate of return is the "true economic return earned by the asset over its life" (p. 685). ... If the expansion fails, Competition Bikes would run the risk of defaulting on the loan. ... In order to buy the facility, Competition Bikes would need to put $50,000 down. ... Canadian Bikes would no longer exist and would operate as Competition Bikes. ... As a result, it would be longer before Competition Bikes would have any return on investment....

• Word Count: 1314
• Approx Pages: 5
• Has Bibliography
• Grade Level: High School

ECONOMIC"S ESSAY "Discuss and evaluate the proposition that perfect competition is a more efficient market structure than monopoly." ... Competition among economic agents would therefore narrow selfish interest of each person in a sociable desirable direction . Therefore perfect competition would lead allocative or economic efficiency. ... Economic profits indicate whether or not resources are being directed to their best use. ... Another type of efficiency is allocative efficiency or economic efficiency. ...

• Word Count: 2214
• Approx Pages: 9
• Grade Level: Undergraduate

This is called "monopolistic competition," and we have "monopolistic competition" when a group of firms sell closely related, but not homogenous products. ... Product differentiation is characteristic of monopolistic competition, but not limited to monopolistic competition. ... We remember too that this is economic profit -- net of all implicit as well as explicit costs -- so this profitable performance will attract new competition in the long run. ... A new "long run equilibrium" is reached when (economic) profits have been eliminated. ... Zero (economic) profit is also the condition for lon...

• Word Count: 2236
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The regulation of competition is administered by the EU's competition policy. The aim of the policy is to create and maintain a system permitting undistorted competition within an economic region . ... The purpose was to prevent private economic actors and national public authorities from dividing up the large European market, thus jeopardizing or even canceling the benefits of integration . Nonetheless, even in the most ideal economic conditions, economists accept that perfect competition cannot be achieved. ... Any advantage granted by the State or through State resources is considered ...

• Word Count: 1863
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• Has Bibliography
• Grade Level: Undergraduate

The right to private property, choice, voluntary exchange, competition, and economic incentives are what we thrive towards every day. ... Ryan's essay, Inequality, offers the idea that economic resources should be shared equally among all instead of limiting the access of these resources to those with a lower economic status. ... Probably the most important motivational force within a market system is competition and self-interest. ... Because there are so many entering into the economy looking for these benefits, this increases competition among businesses. Competition raises the sta...

• Word Count: 929
• Approx Pages: 4
• Grade Level: Undergraduate

Without resources there can be basically no production and no growth. 5) Trade stimulates competition between companies and again there is more effectiveness in the economy. 6) If there was no (possibility of) trade, many companies would not invest abroad. ... This is good because it improves economic performance and growth. ... Trade: Engine of Economic Growth Cross-border trade has been expanding at a pace roughly twice that of economic growth worldwide – in both developed and developing countries. ... • But trade is vulnerable to economic slowdown. ... • Slowing economic ...

• Word Count: 1844
• Approx Pages: 7
• Grade Level: Undergraduate

The second topic is media and communication markets focuses on economic concepts of demand and supply and on competition. ... Also no person may distribute any publication that is printed outside of the country unless the name of the country of origin is affixed to the publication.[ CITATION Jus11 l 7177 ][ CITATION Gov93 l 7177 ] 2.2.2 The Competition Act 89 of 1998 The Competition Commission was established to investigate, control and evaluate restrictive practices, any abuse of dominant positions and mergers aiding for the establishment of the Competition Tribunal. The Competition Tribunal...

• Word Count: 1897
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

Introduction The Chinese government has set up a large amount of economic and technological development zones approved by the State Council as state-level economic and technological development zones(SETDZs). ... Problem: Sustainable Development of SETDZs in China For three decades, economic indicators of the SETDZ's have increased 25% annually. Numbers have promoted local economic development, system renovations and science & technology developments. At the same time, the SETDZ's in China have come up against great difficulties, including financial strain and homogeneous competiti...

• Word Count: 1306
• Approx Pages: 5
• Grade Level: Undergraduate

Economic growth is measured usually always by the change in real national income. ... There are many arguments against economic growth which support the idea that economic growth is bad for the economy. ... Also more competition in jobs can lead to stress at home which can cause divorce rates and crime rates to increase. ... If the economic growth stays steady and increases slowly maybe it won't have such a huge effect on Negative Externalities as the people are more aware of the things to come ahead and so they may be more prepared e.g. if there is competition for a job then the worker ...

• Word Count: 1183
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• Grade Level: High School

Generally, oligopsony and monopsonistic competition are market power that focused on the sellers which is the mirror image of oligopoly. ... Figure 1: Monopsony or monopsonistic competition graph (Wikipedia, 2014) The standard theory of human capital said that firms do not invest on general training because there might be ex post wage competition between current firm and potential employers.... When there are competitions among firms, firm will invest more on high ability workers so the profits earned will be larger. ... However, there will be no change on firms welfare as profits are ze...

• Word Count: 2083
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

Their mission statement consists of three interrelated parts: product, economic and social. ... Economic: To operate the company on a sound financial basis of profitable growth, increasing value for the shareholders, and creating career opportunities and financial rewards for the employees. ... Macroenvironmental Forces Economic There is an ongoing vanilla shortage, which will keep vanilla prices high for some time to come. ... Indirect competition from one of the world's largest and most recognizable restaurants would be a major struggle. ...

• Word Count: 2118
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

A monopoly is an economic situation in which a single seller or provider supplies a commodity or a service. ... The antitrust acts are laws that maintain by legal means a competitive economic environment. ... The quality and competition of computers has gone up as a result. ...

• Word Count: 759
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International competition is when competition drives down prices, meaning things are available from many different places at many different prices. ... The rate of economic growth is when real GDP is increasing. ... Free Trade is when countries do not pay tariffs or taxes. 12.6 The global economy in the American free market system is important because it creates more competition stabilizes price because of competing foreign buissiness make more interdependent economic atmosphere stimulating the economic system. ...

• Word Count: 1180
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• Grade Level: High School

An increase in the exposure to the global economies and the interconnectedness among the nations facilitate to enhance economic prosperity, promote economic prosperity, accelerates economic development. ... Globalization and knowledge economy: A case of India Globalization and economic integration significantly contributes to the India's radical economic growth. ... Global integration and innovation: A Case for Singapore Globalization has changed the scale and intensity of global competition. ... Innovation is the key to the global competition. ... It has further increased the economic ...

• Word Count: 2450
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

During the past three centuries, three economists stood out as archetypes, symbols of three distinct approaches to economic philosophy: Adam Smith, father of modern economics who advocated the notion of free market/trade and the "invisible hand guiding the individual"; Karl Marx, who opposed Smith and the capitalist system and believed that the pursuit of self- interest would lead to anarchy; and John Maynard Keynes, who advocated a mixed economy approach, which is predominantly private sector, but with a role of the government intervention during recessions.'1 Traditional econo...

• Word Count: 1960
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

Overview Australia suffered an economic softening during the late 20th century due to economic reform and global recession. ... The government is pushing for increased exports of manufactured goods, but competition in international markets continues to be severe. ... These two economic factors have traditionally been strong contributors to Australia's economic wellbeing. ... Job losses in manufacturing have centered either on technological change or on competition from imports. ... The rate of economic growth over the long-term basical...

• Word Count: 1814
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The extraordinary economic growth in China and their active diplomacy have already transformed East Asia. ... As Zeiban sees it, Chinas fall will be from an "entire Chinese system that is subprime, in every economic sector" (p. 309). ... China's economy and financial system represent competition for the US and especially for the rest of the developing world. Competition leads to more investment, better goods and services, and, in principal, economic rebalancing. ... One of the key factors that gave china the rise of power was its economic policy. ...

• Word Count: 1993
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• Has Bibliography
• Grade Level: Undergraduate

The fundamental objective of Doi Moi is to reduce the government's control over economic outcomes and to improve economic relations with other countries. ... Economic growth – measured by the annual rate of change in GDP - is a fundamental factor to an economy's economic development as it determines the ability for people to satisfy their material wants and thus, determining their quality of life. ... The final impact of globalization on Vietnam's economic development has been closer ties with the regional and international economic community through trade agreements and j...

• Word Count: 1293
• Approx Pages: 5
• Grade Level: Graduate

Microeconomic reform policies aim to improve the efficiency of production, distribution and exchange by strengthening market competition and use of the technology. ... The national competition council estimated a 2.5% increase in economic activity following the first year of implementation. The benefits of the national competition policy have been: 5.5% increase in GDP, 3% rise in real wages and $5-9 billion boost to commonwealth revenue. ... Most national monopolies such as electricity and telecommunications were also opened up to competition (eg. ... Poor land management will result in over...

• Word Count: 1779
• Approx Pages: 7
• Grade Level: Undergraduate

Socialism is an economic idea that states the government or state should be in charge of economic planning, production, and distribution of goods. ... Socialism tends to favor cooperation, whereas capitalism is characterized by competition. ... The economic system I favor is Capitalism. Capitalism allows for competition between businesses to sell consumers goods and/or services. ... In addition, Socialism supposedly creates a cooperative economic environment. ...

• Word Count: 538
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• Grade Level: Undergraduate

Five points are used to further their case: progress of key economic sectors, progress of health "leading to increase in life span, shift of wealth to human capital, gains in women's rights, and increase in more hours devoted to non-employment activities such as leisure and family activities. ... There are strong regional and local effects in the influence of immigration on prevailing wages as cities that act as major destinations for immigrants will experience greater wage competition between native and immigrant unskilled workers. ... It will always be survival of the fittest ...

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American was in a process of healing its economic wounds. The stock market panic preceded an economic depression that not only spread over the United States but in the early 1930s became worldwide. ... Roosevelt, was waged on the issues of Prohibition and the economic crisis. ... It provided for two major recovery programs vastly expanded public works effort, carried out by the Public Works Administration, and a complex program to regulate American business and ensure fair competition. The National Recovery Administration approved and enforced a set of competitive code...

• Word Count: 1986
• Approx Pages: 8
• Has Bibliography
• Grade Level: High School

Although not the case with "Neo "-liberalism, liberalism has been known to allude to religious, economic or even political ideologies. ... Economic liberalism on the other hand differs. ... This type of individualism inspired free enterprise and free competition, which in reality came to mean "free market ", meaning huge profit gains for some. ... Economies take on an ahistorical, static nature and economic change becomes solely the result of exogenous changes in tastes and technology. ... Another occurrence I would like to address is the economic reforms that have t...

• Word Count: 2010
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

Malaysia's Economic Stimulus Package Malaysia had went through the ups and downs of economic environment. ... Economic down term, deficit budget, market uncertainty and many more. ... Malaysia had announced its own economic stimulus package. ... It is because Malaysia has to face a stiff competition from other East Asia "tycoon" such as Korea and Japan, which have more sophisticated technology and a bigger market and as the result, a better product than us. ... Mahathir had revealed a new economic stimulus package. ...

• Word Count: 1144
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• Grade Level: High School

Fourth, under this system a minimum of government supervision is required; if competition is present, economic activity will be self-regulating. ... Through this, it stresses private economic choices. ... This code of work ethics forms higher levels of competition, boosting work quality and production. ... This too inspires higher productivity through competition. ... This creates similar competition to that of production, including the same benefits to the society. ...

• Word Count: 1083
• Approx Pages: 4
• Grade Level: High School