Question
Price politics: What is the economic justification for setting low prices to one group and high prices to other groups (indicate the type of discrimination
Price politics:
What is the economic justification for setting low prices to one group and high prices to other groups (indicate the type of discrimination applied)? Do you think that price discrimination strategies should be regulated by the government? Justify your answer and include an example to support your argument, indicating if it is positive for consumers or producers. What is the difference between Discrimination and Diversification of a company. Justify your answer and include an example of each: Explain with the Entertainment Industry or similar. Explain why vertical integration reduces production costs, and include the example of a company that has applied this strategy. In order to describe the concentration and identify the market structure of the banking sector, the information on bank deposits for 2015 of the different financial institutions in Mexico is analyzed (see attached tables), consider the deposits to measure the size of the institutions.
Calculate the concentration index for 4 companies, indicate how competitive the market is. Indicate the main institutions that cover 80% of the market Calculate the HH Index and identify the market structure
Bank Institution | Deposits |
Banco Azteca | 5,874,876 |
BanCoppel | 7,444,997 |
Banco Ahorro Famsa | 289,659 |
Multiva | 68,645 |
Banamex | 22,040,040 |
Banorte/Ixe | 10,824,487 |
Monex | 289,869 |
Inbursa | 1,173,310 |
Interacciones | 4,163 |
Scotiabank | 3,078,813 |
Banregio | 364,438 |
BBVA Bancomer | 16,755,684 |
HSBC | 5,710,598 |
Banco del Bajo | 921,712 |
Intercam Banco | 65,453 |
Santander | 8,936,886 |
CIBanco | 55,029 |
Banco Base | 9,923 |
Inmobiliario Mexicano | 713 |
Compartamos | 921,657 |
Afirme | 1,085,319 |
Dond Banco | 8,181 |
Autofin | 13,835 |
Investa Bank | 232 |
American Express | 12 |
Bank of America | 1,606 |
Bank of Tokyo-Mitsubishi UFJ | 1,446 |
J.P. Morgan | 387 |
Ve por Ms | 23,608 |
Invex | 6,597 |
Bans | 32,050 |
Actinver | 68,582 |
ABC Capital | 3,730 |
Consubanco | 6,127 |
Banco Bancrea | 2,601 |
Banco Pagatodo | 798 |
Banco Sabadell | 1,604 |
Banca Mifel | 30,430 |
ICBC | 16 |
Mizuho Bank | 116 |
Finterra | 86 |
Bankaool | 51,922 |
Deutsche Bank | 1 |
Suppose a swimsuit company in a hotel have the following cost function: CT = Q ** 2 + 5Q + 20 Where Q is the number of swimsuits you sell (in thousands per season)
And the following demand functions are estimated for the company, considering that the product has two customer segments. Foreign customers (consumer type 1) P_1 = 100-10 Q_1 National clients P_2 = 50-2 Q_2
Where P_1: is the price in dollars that the company should offer to type 1 consumers Q_1: is the consumer demand type 1 P_2: is the price in dollars that the company should offer to type 2 consumers Q_2: consumer demand type 2
Given the above information, answer the following:
Which group is willing to pay the most for a bathing suit?
If the company applies 3rd degree price discrimination, - What would be the price for national clients - What would be the price for foreign customers - How many coats will the company produce - What would be your benefits with price discrimination
If I had to offer the swimsuits at the same price - At what price would you have to offer the swimsuits - How many suits would Isell - What would happen to their profit
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