Topi PDE Moc The (1) 1 G 600 A Cou C | Che C usin C | Che PD) *Exa / Spec PD *Ma Wha PDE X PDE Feed PDE ecor PDE 1985 + X C File | C:/Users/10101882/Documents/2022%20PERSONAL/WITS%202022/Economics/Exam%20Economics/MBA_Economics_Assignme. 1 of 24 Q + Q F | [ D | A " | T V V B RIG K7 Question 1 1.1 With aid of evidence in the given article, comprehensively discuss the market structure in the South African mobile telecommunications industry. 3-4 1.2 What type of barriers to entry exists in this industry and how did Virgin Mobile manage to enter into this industry? Justify why it is beneficial for existing firms to attempt to create such barriers. 5-6 Question 2 2.1 What type of typical measures have been adopted by the South African government to combat potential abuse of market power by large organisations like MTN and Vodacom? (15) 7-8 2.2 Discuss the kinked demand curve in the context of the mobile telecommunications industry in South Africa. (10) 9-10 Question 3 3.1 Do you think Telkom had a monopoly in 2003 and if so on, in which markets did it act as a monopolist? Motivate your answer with the theoretical characteristics of this market structure. (15) 10-13 3.2 What are the benefits of this type of market which is being referred to in the Virgin Hits out at MTN, Vodacom article. (10) 14--15 Question 4 4.1 Explain to him fully the profit-maximising/loss minimising rule within the context of perfectly competitive market structure. (15) 16-21 4.2 Explain how the profit-maximising /loss minimising rule may be applied under the three (3) e 20:11 99+ 12.C O 2022/08/22