Managerial Economics Coursework Example | Topics and Well Written Essays - 500 words

Managerial Economics - Coursework ExampleThis will put off the company that is to assent the merchandise as the profit margin will seem to be very low and might even constitute to losses. This leaves the first company to sleep together monopolistic market places.The manager of this company will reduce the products prices to monopolistic market prices there by enjoying the monopolistic profits. By decreasing the prices of the products the company that is to enter into the market will be discouraged as the profit margin will be very low and may also leading to losses.The profitability of the inviolable with the marketing power will decrease with increase in capital interest as the borrowing costs increases there will be a decrease in supply there by attracting another company to satisfy the demand. This kings the companies to sell at a lower price than the monopolistic market price. If this continues, the company is bound to go into losses in the long run.2. IHC hospitals are th inking of using a smart phone system to send wellness record data, laboratory test results data, and charge/ relentment data to the Mountain Star hospitals system when patients use any combination of medical services in the midst of the two hospital organizations. Mountain Star has been thinking of a similar idea of exchange. Going forward with such inter-hospital data communication means that a given data sharing network has to be developed. The cost savings involved in initiating such a system are the driving force of the decision but there are questions about these savings and the standard upon which the intercommunication is to be operated. The projected cost savings (in $millions) for each standard (Apple relative to Android) are given in the normal form payoff table below for each hospital conglomerate, with IHC cost savings given first in acquittance from left to right.It reflects a good technology. This is because independent of the smart phone mountain star opts for IHC w ill go for apple phone as it yields the best pay off. The